Property Overview
This 1972-built, single-storey home in Betsworth sits on a notably large, 10,620 sqft lot. Its key appeal lies in this generous outdoor space, offering significant potential for gardening, expansion, or recreation. With 1,076 sqft of living space and a finished basement, it provides practical, single-level living. The home’s standout feature is its land value; it ranks in the top 5% of all Winnipeg properties for lot size, suggesting a rare opportunity in the city. However, its interior square footage and assessed value are more modest in comparison, ranking around the middle of the local market.
This property would best suit a buyer who prioritizes land over a large house—perhaps a downsizer seeking manageable indoor space with ample room for hobbies or pets, or a future-minded buyer who sees the lot itself as the primary asset for long-term value or customization. It’s a practical choice for those comfortable with a home from the 1970s that offers solid fundamentals and exceptional outdoor potential rather than modern finishes or prestige.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The ranking indicates that this property’s lot is larger than 95% of all residential lots in Winnipeg, making it a very scarce commodity. This is its most competitive statistical feature.
2. Is the home in need of major updates?
Built in 1972, the house is over 50 years old. While the basement is finished, buyers should budget for age-related maintenance and potential updates to systems, windows, or insulation common for the era.
3. Why is the assessed value ranking lower than the lot size ranking?
The assessment reflects the current total value of both the land and the structure. The high lot-size ranking shows the land is a premium asset, but the overall assessment is moderated by the home’s more average size, age, and features compared to the market.
4. What are the implications of having no garage?
This means all vehicle parking will be on the driveway, and there is no dedicated storage or workshop space a garage provides. This is a trade-off for the large yard and should be factored into planning.
5. Who might find the "one storey" layout particularly beneficial?
The single-level layout is ideal for accessibility, reducing the need for stairs. It suits empty-nesters, those planning for aging in place, or anyone who prefers the convenience and safety of having all main living areas on one floor.