Property Summary: 318 Scottswood Drive S
Key Characteristics & Appeal
This is a spacious, well-established family home in the Betsworth area. Built in 1985, it is a 4-level split with over 2,000 square feet of finished living space, including a developed basement, all situated on a large 6,302 sqft lot. Its appeal lies in its generous proportions and proven livability. The home ranks highly within its local area and across Winnipeg for its above-average living space and lot size, offering more room than most comparable properties. It features a single attached garage and has seen a significant increase in its assessed value since its last sale in 2019.
This property would best suit a buyer looking for a solid, move-in-ready home in a mature neighbourhood who values space over brand-new condition. It’s ideal for a growing family that can utilize the multi-level layout or for those seeking a property with strong fundamentals—like a large yard and ample square footage—that has already undergone previous updates. A thoughtful perspective is that while the home is 41 years old, it is newer than over 80% of homes on its street, suggesting a neighbourhood with a mix of well-kept, mid-century homes rather than one that is fully aged.
Frequently Asked Questions
1. What is a 4-level split layout?
It's a multi-storey design that creates four distinct living levels, often providing good separation between living, sleeping, and recreational spaces. This can offer more privacy than a traditional two-storey but involves more stairs.
2. How does the "ranking" system work?
The rankings compare this specific property against others on its street, in its community, and across all of Winnipeg for metrics like size, age, and value. For example, ranking in the "top 15%" for living area means 85% of houses on this street are smaller.
3. The assessed value is notably higher than the 2019 sale price. What does this mean?
The assessed value is the city's estimate for taxation purposes and reflects market changes. The increase since 2019 indicates strong market appreciation in the area, but the actual market price is determined by current buyer competition and the home's condition.
4. Is the basement included in the 2,021 sqft living area?
Typically, in such listings, the square footage refers to above-grade living space. The basement is listed separately as "finished," meaning it provides additional usable rooms but may not be counted in the primary living area figure.
5. What does the lot size offer?
At over 6,300 square feet, the lot is larger than average. This provides ample backyard space for gardening, play, or entertaining, and also offers potential for future additions like a deck or shed, subject to local bylaws.