Property Summary: 266 Scotswood Drive S
Key Characteristics & Appeal
This is a well-established, single-family bungalow in Betsworth, built in 1984. Its primary appeal lies in its generous, fully-finished living space and a larger-than-average lot. With 1,623 sqft of living area, a finished basement, and a 6,271 sqft property, it offers substantial room for a family. The data suggests a home that has been competitively positioned and maintained; it ranks highly against most Winnipeg homes for its assessed value, recent sale price, and living area. A key, less obvious perspective is its relative modernity for the neighborhood—it is newer than about 75% of homes on its street, which can mean fewer immediate concerns about aging core components compared to older area properties.
It would best suit buyers looking for a move-in ready, spacious bungalow without needing a major renovation. The layout is ideal for those seeking single-level living or the flexibility that a finished basement provides. Given its strong performance in value rankings, it also appeals to those with an eye for a property that has historically held its worth well in the broader market.
Frequently Asked Questions
1. How does this home's value compare to others in the area?
The home's last sale price and municipal assessment are in the top 20% of its street and the top 15% of its community, indicating it is considered a higher-value property within its immediate locale.
2. Is the lot size a significant feature?
Yes. At over 6,200 sqft, the lot is notably larger than many in urban Winnipeg, offering more private outdoor space, which is a valuable and less common asset in mature neighborhoods.
3. What does the "finished basement" include?
The listing confirms the basement is finished but does not specify the rooms or layout. This would be a key detail to clarify with the seller or agent to understand how the space can be used.
4. The home was built in 1984. Are there any common concerns for a house of this age?
While newer than many on its street, a 40-year-old home will have aging components. Prospective buyers should pay special attention to the condition of the roof, windows, and major mechanical systems like the furnace during an inspection.
5. How stable has the property's value been?
The home sold for significantly above its current assessed value in June 2023. This recent transaction provides a concrete, modern benchmark, suggesting the market has recently valued it strongly. However, as with any property, current market conditions will determine present value.