Property Overview
This 1986 four-level split home on a large 6,100 sqft lot in Betsworth offers a practical layout with a finished basement and an attached garage. Its key appeal lies in its above-average space and established setting. With 1,631 sqft of living area, it provides more room than most homes in Winnipeg, ranking in the top 22% citywide for size. The property sits on a generous lot, ranking in the top 29% for land area across the city. While the home itself is 40 years old, it is newer than 70% of Winnipeg's housing stock, suggesting a well-established but not antiquated neighborhood. The municipal assessment is $479,000, which is higher than 79% of city homes, indicating perceived solid value.
This home would suit buyers looking for space and a settled community without a premium for a brand-new build. It’s ideal for a growing family that can utilize the multi-level layout or for someone who values a larger yard. The strong citywide rankings for size, lot, and assessed value suggest a property that offers more substance than flash, appealing to pragmatic buyers.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and across Winnipeg. For example, ranking "in the top 22% citywide for living area" means 78% of Winnipeg homes are smaller. It's a quick way to gauge relative size, age, and value.
2. Is a four-level split a suitable layout for everyone?
It offers good separation of living spaces, which can be great for families. However, the multiple short flights of stairs may be a consideration for those with mobility concerns or a preference for single-level living.
3. The home is newer than 70% of Winnipeg homes, but older than 84% in its own community. What does this indicate?
This suggests Betsworth is a mature, established neighborhood where this 1986 home is actually one of the more recent builds. Buyers can expect a well-developed streetscape with older trees, but should ensure the home's condition and updates align with their expectations.
4. How should I interpret the assessed value?
The municipal assessment of $479,000 is for tax purposes and is a lagging indicator of market value. That it ranks higher than 79% of homes is a positive sign of its underlying value, but the final sale price will be determined by current market conditions.
5. What are the advantages of such a large lot (6,100 sqft)?
Beyond simple outdoor space, a lot of this size (ranking top 29% in Winnipeg) offers significant potential for gardening, recreation, or future expansions like a shed or deck. It also typically provides more privacy and distance from neighbors compared to newer subdivisions.