Property Overview
This 1975-built bungalow at 590 Community Row offers a classic, low-maintenance layout on a large, 11,733 sqft lot in Betsworth. Its key appeal lies in its established setting and relative value. The 1,311 sqft home features a finished basement and an attached garage. The property ranks highly for its lot size and assessed value within Winnipeg, suggesting a solid footprint and perceived value relative to the broader market. It would particularly suit first-time buyers or downsizers looking for a manageable single-story home with ample outdoor space in a mature neighbourhood. The appeal is practical: it's a home that offers room to breathe without the premium of a newer build, ideal for those who prioritize land and location over a modern turn-key property.
Key Details & FAQs
Key Characteristics:
- Type & Layout: A one-storey bungalow (ranch-style) with a finished basement and attached garage.
- Space: 1,311 sqft of living space on a large, approximately 1/4-acre lot (11,733 sqft).
- Location & Context: Built in 1975 in the Betsworth community. Data rankings indicate its lot size is notably larger than most in Winnipeg, and its assessed value is higher than a significant majority of city properties, pointing to a desirable land-to-value ratio.
- Target Buyer: Best suited for buyers seeking a single-level living layout with a sizable yard. It's a practical choice for those who value space and established neighbourhoods over new construction, potentially offering room for future landscaping or outdoor projects.
Frequently Asked Questions:
1. How does this property compare to others in the area?
The home ranks highly for its lot size, placing in the top 4% in Winnipeg. Its official assessed value also places it above roughly 74% of city properties, indicating it is considered a substantial asset within the market.
2. What does the ranking data actually tell me?
The percentile rankings show how this property compares to nearby homes. For example, being newer than 85% of houses on its street but only 38% in its wider community suggests the immediate block is well-established, while some surrounding areas may have newer subdivisions.
3. Is the basement included in the listed living area?
Typically, the 1,311 sqft figure refers to above-ground living space. The finished basement provides additional usable area but is often not counted in the official square footage for bungalows.
4. What are the considerations for a home built in 1975?
While offering a proven layout and mature landscaping, buyers should budget for potential updates to original components like windows, roofing, or major systems, which may be nearing or past their typical lifespan.
5. Who would this home not be suited for?
It may not suit buyers seeking a modern, open-concept layout or those unwilling to consider updates. The rankings also suggest that within its own Betsworth community, there are many newer homes, so buyers prioritizing the absolute newest build might look elsewhere in the area.