Property Overview: 677 Community Row, Winnipeg
Key Characteristics & Appeal
This is a classic post-war one-and-a-half storey home on an exceptionally large, nearly 12,000 sqft lot in Betsworth. Built in 1948, it offers 1,156 sqft of living space, an unfinished basement, and a detached garage. Its primary appeal lies in its land—the lot size ranks in the top 4% of all Winnipeg properties, offering rare potential for expansion, gardening, or outdoor recreation within the city. While the home itself is modest in size and era, its rankings reveal a compelling contrast: it sits in the top 13% of its community for lot size but in the top 97% for age, meaning it's on one of the larger parcels but is also one of the older homes in the area. This creates a unique value proposition centered on land value and future potential rather than immediate modern finishes.
The property would suit a buyer looking for a solid, no-frills home in a mature neighbourhood with a vision for the future. It’s ideal for someone with renovation or expansion plans who values private outdoor space over a turnkey interior. It could also appeal to a value-conscious buyer prioritizing asset growth through land ownership, understanding that the structure itself offers a functional starting point.
Frequently Asked Questions
1. What does the "one-and-a-half storey" design typically mean for this era of home?
This style usually features a main floor with principal living spaces and a second floor with sloped ceilings following the roofline, often housing bedrooms. It's a efficient, classic design common in post-war construction.
2. The lot is large, but are there any restrictions on how it can be used?
While the data doesn't specify, any plans for additions, secondary suites, or significant structures would require checking with the City of Winnipeg's zoning bylaws and obtaining the necessary permits.
3. How should I interpret the competitive rankings provided?
They are relative benchmarks. For example, ranking in the "top 4%" for lot size city-wide is a major strength, while ranking in the "top 97%" for age (meaning only 3% of homes are older) highlights the home's vintage. It's useful for comparing the property's specific attributes against local averages.
4. The assessment value is noted; is this the same as the market value?
Not necessarily. Municipal property assessments are for taxation purposes and use a mass appraisal model. Market value is determined by what a buyer is willing to pay in the current market, which can be higher or lower.
5. What are the considerations with an unfinished basement?
It offers valuable storage and mechanical space, and the flexibility to finish it to your own needs and standards in the future. However, you should budget for any necessary moisture control, insulation, and framing when planning a renovation.