Property Overview & Key Characteristics
This two-storey home on The Bridle Path offers a classic layout in a mature, established neighbourhood. Built in 1981, it sits on a generous 6,589 sqft lot and features a finished basement and an attached garage. With 1,160 sqft of living space, it provides a practical footprint for downsizers, first-time buyers, or investors seeking a solid entry into the Betsworth area.
Its primary appeal lies in its balance of space and location. The lot size is notably above average for the street, offering more outdoor room than most nearby properties. While the living area is modest, the finished basement adds valuable flexible space. The home’s assessed value positions it as a more accessible option within the community, potentially appealing to those looking for a land-value proposition or a home with renovation potential to customize. It would suit a buyer who values a quiet street, a larger yard, and the character of an older home, without the premium price tag of a newer or fully updated property.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 1,160 sqft, the living area is smaller than the majority of homes on its street and in the broader Betsworth community. This can be an advantage for those seeking lower utility costs and less maintenance, but it’s important for growing families to ensure the layout meets their spatial needs.
2. What do the ranking percentages actually mean?
They show how this property compares to others in three geographic tiers. For example, its lot size ranks in the top 21% on its street, meaning it's larger than 79% of its immediate neighbours. Conversely, its living area ranks in the bottom half locally, indicating more compact interiors compared to area norms.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value of $396,000 is for municipal tax purposes and provides a baseline, but market conditions, the home’s condition, and buyer demand ultimately determine the sale price. It does suggest the home is valued below many others in Winnipeg and the immediate community.
4. What are the pros and cons of a 1981 build?
Homes from this era often feature practical layouts and established infrastructure. Potential buyers should budget for age-related updates, such as roofing, windows, or major mechanical systems, which may be nearing the end of their typical lifespan after 45 years.
5. Who would this property NOT be ideal for?
It may not suit buyers seeking a modern, move-in-ready home with open-concept living or those requiring substantial square footage above grade. The rankings indicate it offers different strengths (like lot size) compared to pure interior space.