Property Overview
58 Bethune Way is a well-situated home in Winnipeg's Pulberry neighborhood, presenting a compelling blend of space, modern age, and established value. Built in 1995, it offers a more contemporary structure than many in the wider area. With 1,530 sqft of living space and a 6,066 sqft lot, it provides ample room in a setting that balances neighborhood character with above-average metrics.
Key Characteristics & Appeal
This home's primary appeal lies in its strong positional value. While its size is typical for Bethune Way, it stands out significantly within the broader Pulberry neighborhood and citywide, ranking in the top 21% and 29% respectively for living area. Its assessed value of $562k tells a clearer story, consistently placing it in the top 12% of its street, top 8% in Pulberry, and top 11% across Winnipeg, indicating a recognized premium above area averages.
A thoughtful perspective is its "modernity within maturity." Built in 1995, it is newer than 96% of comparable homes in Pulberry (Top 4%), meaning it likely offers modern building standards and systems within an established, tree-lined community. This appeals to buyers seeking a move-in-ready home without the unknowns of much older construction, yet who desire a settled neighborhood feel.
The property would suit buyers looking for a solid, above-average family home in a prime pocket of Pulberry. It’s ideal for those who value space and a newer build year but don’t want to be an outlier on their street. The strong assessed value suggests it's a property for buyers with an eye on long-term value retention and equity positioning within the city's market.
Frequently Asked Questions
1. How does this home’s size really compare to others?
While it’s around the average for its immediate street, it is notably larger than typical homes in both the Pulberry neighborhood and Winnipeg overall, offering more interior space than roughly 70-80% of comparable citywide properties.
2. The assessed value seems high for the area. What does that indicate?
An assessed value in the top 8% for the neighborhood suggests the property is officially valued well above the Pulberry average. This often reflects a combination of its larger size, newer construction, and specific location, signaling a premium position that is consistently recognized.
3. Is the lot size a pro or a con?
The lot is above the city average but slightly below the average for Pulberry. This means you get a generous outdoor space by Winnipeg standards, but on Bethune Way, it’s very much the norm. It’s a balanced lot, not overly large for maintenance but providing good usable space.
4. The home sold recently in late 2023. What does that sale suggest?
The sold price range placed it in the top 4% for the neighborhood at the time, confirming the premium its assessed value implies. This recent transaction provides a strong, real-world benchmark for its market value just over a year ago.
5. Who are the most logical neighbors to compare this home to?
The most relevant comparisons are other homes on Bethune Way and nearby streets like St. Michael Road, particularly those built in the 1980s and 1990s. The provided examples (e.g., 87 Bethune Way, 80 St. Michael Road) show that this home sits at the upper end of this local cluster in both size and value.