Property Overview: 730 Community Row, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1971, situated on a generous 7,197 sqft lot in the Betsworth area. Its key appeal lies in a combination of space, established character, and practical living. The 1,199 sqft interior includes a finished basement, adding valuable living area. While it lacks a garage or pool, the large lot presents significant potential for gardening, expansion, or outdoor enjoyment.
The home’s standout feature is its land size, which ranks in the top 15% across Winnipeg, offering a rare amount of private outdoor space for the city. Its appeal is grounded rather than flashy: it suits a buyer looking for a solid, move-in-ready home with room to grow, without the premium of a newly built property. It would particularly suit first-time buyers seeking value and space, downsizers wanting single-level living without a condo fee, or practical investors attracted by the stable rental history suggested by its consistent assessment value.
A less obvious perspective is its "middle-of-the-pack" rankings in its immediate neighborhood for size and value. This suggests it’s a typical, integrated home for the area, not an outlier, which can mean more predictable property taxes and a comfortable fit within the community fabric. The mature age of the home (55 years) means major systems may need evaluation, but it also comes with established landscaping and a settled, quiet presence on the street.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Betsworth, and across all of Winnipeg. For example, its land size ranks in the top 15% city-wide, which is a major advantage. Its assessment value ranks around the middle, suggesting it’s priced consistently with the broader market.
2. Is the finished basement included in the 1,199 sqft living area?
No, typically the listed "living area" refers to above-ground, finished space. The finished basement is an additional area, adding functional square footage for recreation, storage, or extra bedrooms.
3. The home was built in 1971. What should I be mindful of?
While well-kept, a home of this age may have original components nearing the end of their service life. A thorough inspection should focus on the roof, windows, plumbing, electrical systems, and the foundation. This isn't unusual, but budgeting for future updates is prudent.
4. There’s no garage. Is adding one feasible?
The large lot size certainly provides the space to consider adding a garage or carport in the future. Any addition would require checking local zoning bylaws and obtaining the necessary permits.
5. The last sale was in 2021 for the same price as the current assessment. What does this mean?
It indicates stable value in recent years. The assessment aligning with a recent sale price can provide confidence in its market valuation, though current conditions and any updates made since 2021 will influence the final market price.