43 Cadiz Bay

Property Overview

This Betsworth bungalow presents a well-maintained, single-level living option on a spacious lot. Its key appeal lies in the combination of a finished basement, an in-ground pool, and a split garage—features that offer immediate summer enjoyment and functional space. Built in 1976, the home ranks as newer than most on its street and offers above-average living space for the area. With an assessed value that places it in the top quarter of Winnipeg homes, it suggests a property with solid fundamentals.

The home would suit buyers looking for a move-in-ready bungalow, particularly those who value single-storey living or are planning for long-term accessibility. It's also a strong fit for anyone seeking a private backyard oasis with a pool, perfect for family gatherings. The generous lot size provides room for gardening or expansion, adding to its long-term value.

Frequently Asked Questions

1. What is the significance of the property rankings provided?
The rankings show how this home compares to others on its street, in Betsworth, and across all of Winnipeg for metrics like size, age, and assessed value. For example, being newer than 95% of homes on its street indicates it's a relatively modern home for the immediate area, which can be a positive for maintenance and systems.

2. The home is 50 years old. What should I consider?
While the home ranks as newer for its street, a 1976 build means core components like the roof, windows, plumbing, and electrical systems may be at or nearing their typical lifespans. A thorough inspection is crucial to understand the condition and any upcoming capital expenses.

3. How does the in-ground pool affect insurance and maintenance?
An in-ground pool increases annual maintenance costs and will likely raise home insurance premiums due to liability risk. It's a fantastic amenity but represents both a lifestyle choice and an ongoing investment in time and money.

4. What are the benefits of a split garage?
A split garage (typically a double garage separated by a wall) offers more than just parking. It provides flexible storage space, allowing for workshop areas, seasonal item organization, or secure storage for tools and outdoor equipment separate from vehicles.

5. The assessment is $452,000. Does this dictate the selling price?
Not necessarily. The assessed value is for municipal tax purposes and is based on mass appraisal techniques. The market value—what a buyer is willing to pay—can be higher or lower based on current market conditions, the home's specific condition, and recent sales of comparable properties.