Property Overview: 715 Community Row, Winnipeg
Key Characteristics & Appeal
This is a character-filled, one-and-a-half storey home in Betsworth, built in 1940 and situated on a notably large, mature lot of nearly 10,000 square feet. Its key features include a finished basement and a detached garage. The home’s primary appeal lies in its land and location rather than its size or modern condition. With 820 sqft of living space, it is a compact home, but its lot size ranks in the top 7% across Winnipeg, offering exceptional outdoor potential and a sense of space rare for the city.
The property suits buyers looking for a solid entry point into a well-established neighbourhood, particularly those who value a large yard for gardening, children, or future expansion over a move-in-ready, modern interior. It’s an ideal project for a handy buyer or a long-term investor who sees value in the underlying land and is comfortable with a home that has been lived in and loved for decades. A less obvious perspective is its appeal to those seeking a "blank canvas" on a grand scale; the generous lot allows for creative outdoor living spaces, workshops, or landscaping that a typical city lot cannot accommodate. The strong community ranking (top 25%) suggests a desirable and stable area, making it a sound foundation to build upon.
Frequently Asked Questions
1. What does "one-and-a-half storey" mean for this home?
Typically, this style features a main floor with principal rooms and a second floor under sloping roof lines, often creating cozy bedrooms with unique character. It suggests a classic Winnipeg design that maximizes space efficiently.
2. The house ranks low for size and age on its street. Is this a concern?
Not necessarily. It indicates you are on a street with larger, potentially more recently built or renovated homes. This can be positive for neighbourhood character and property values, while this home represents a more affordable option on that same desirable block.
3. Why is the assessed value ranking lower than the lot size ranking?
Municipal assessments consider the building's size, condition, and age alongside the land value. The high land ranking reflects the premium lot, while the lower overall assessment suggests the home itself is valued modestly due to its smaller size and older age.
4. Is the finished basement included in the 820 sqft living area?
No. In Manitoba, above-grade square footage is typically reported separately. The 820 sqft refers to the main and upper floors. The finished basement provides additional, valuable living space not reflected in that figure.
5. What are the considerations with a 1940s home?
While full of charm, buyers should budget for and inspect era-specific features. This includes the age and material of plumbing and electrical systems, the efficiency of the original windows, and the condition of the roof and foundation. A thorough inspection is essential.