Property Overview
This two-storey home in Betsworth offers a compelling blend of space, established character, and a prime location. Built in 1988, its key appeal lies in its generous 9,764 sqft lot and a substantial 2,192 sqft of finished living space, including a developed basement. The home ranks highly across Winnipeg for its above-average lot and living area size, offering room to grow or enjoy. Its established neighbourhood means mature landscaping and settled community feel. This property would suit buyers looking for a spacious family home beyond a starter property, who value a large yard and more interior room than newer builds often provide, and who appreciate the value stability of a home in a well-ranked area of the city.
Key Details & Considerations
- Key Characteristics: A 1988 two-storey with a developed basement, attached garage, and no pool. It sits on a very large, nearly 10,000 sqft lot.
- Primary Appeal: Exceptional lot size and spacious interior for the market, combined with strong city-wide rankings for size and assessed value, suggesting a solid, established property.
- Ideal Buyer: Growing families or those seeking room for hobbies or entertaining, who prioritize indoor and outdoor space over a brand-new build, and who are looking for a home with proven value retention in a mature neighbourhood.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others. For example, ranking in the top 6% of Winnipeg for living area means 94% of city homes are smaller. It's a quick way to see this home's standout features are its lot and interior size relative to the market.
2. Is a 38-year-old home a concern?
While not new, the home ranks newer than 73% of Winnipeg properties, meaning it's in the newer half of the city's housing stock. It represents an era of solid construction and spacious floor plans. A thorough inspection is always advised to understand the condition of major systems like roof, windows, and HVAC, which may be due for updates or replacement.
3. The lot is large, but what's the trade-off?
A nearly 10,000 sqft lot offers fantastic outdoor space, privacy, and potential. The consideration is maintenance: landscaping, lawn care, and snow removal require more time or investment compared to a smaller yard.
4. The assessed value is $582,000. Is that the sale price?
No. Municipal assessed value is for tax purposes and can differ from market value. The sale price will be determined by current market conditions, the home's specific condition, and buyer demand.
5. What is the benefit of a "developed" basement?
It means the lower level is finished into livable space (e.g., rec room, bedrooms, office), effectively adding to the home's usable square footage. It's important to verify the quality of the finish, ceiling height, and ensure it meets local code requirements.