Property Summary: 526 Community Row, Winnipeg
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in Betsworth, built in 1955. Its primary appeal lies in its generous proportions and mature setting. The home offers over 2,500 sqft of living space, ranking it in the top 3% for size both in its neighborhood and across Winnipeg, and sits on a large, private lot of approximately 12,583 sqft. It features a finished basement and an attached garage.
The property’s value is underscored by its strong performance in key metrics: it ranks in the top 12% of its street and top 16% of its community for assessed value, indicating it is perceived as a substantial asset in the area. Its appeal is for buyers seeking space, established gardens, and a home with a traditional layout. It would suit a family looking for room to grow, or perhaps someone who values the character and settled feel of an older, well-maintained neighborhood over a brand-new build. A thoughtful perspective is that while the home itself is older, its lot size and interior space are increasingly rare commodities, offering long-term potential that newer subdivisions often cannot match.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Betsworth, and across all of Winnipeg. For example, being in the "top 3%" for living size means 97% of Winnipeg homes are smaller. This quantifies its relative standing for key features.
2. The house was built in 1955. What should I consider?
While the home offers classic space and lot size, its age places it in the older third of homes city-wide. Prospective buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, balanced against the value of its established location and large lot.
3. Is the lot size a major advantage?
Yes. At over 12,500 sqft, the lot is a significant feature, offering ample outdoor space for gardens, recreation, or future additions. This level of privacy and space is uncommon in many newer developments.
4. The value rankings are high, but the build year ranking is low. How does that work?
This contrast highlights the property’s value proposition. It suggests that the home’s substantial lot size, living area, and location contribute more to its assessed value than its age detracts from it, positioning it as a "land and space" play in a mature neighborhood.
5. What is the neighborhood like?
The data shows Betsworth is an established, desirable area. The fact that this home surpasses 88% of its street and 84% of its community for assessed value indicates it is situated in a solid, valuable locale, likely characterized by older homes on sizable lots.