Property Overview: 74 Civic Street, Winnipeg
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in the Betsworth area, built in 1990. It sits on a large, approximately 7,747 sqft lot, offering ample outdoor space—a relative rarity that places it in the top 12% of Winnipeg for lot size. The home features 1,536 sqft of living space, a finished basement, and an attached garage. Its appeal lies in a balanced combination of space, established community, and strong relative value. The property ranks highly for its newer build age compared to most homes in the city and its above-average assessed value for the neighborhood, suggesting a solid investment in a desirable locale.
It would particularly suit buyers looking for a move-in-ready family home with room to grow, both indoors and outdoors. The generous lot is perfect for gardening, play, or future additions. The strong rankings for lot size and assessment value within Winnipeg indicate a property that holds competitive advantages, likely appealing to pragmatic buyers who value both lifestyle and long-term equity. A less obvious perspective is its potential for someone seeking a "land bank" property in a mature area, where the lot itself represents significant future value.
Frequently Asked Questions
1. How does the finished basement add to the living space?
The finished basement provides additional flexible space beyond the 1,536 sqft main floors, which can be used as a family room, home office, or guest area, effectively increasing the home’s usable square footage.
2. What does the high ranking for "build year" mean practically?
Ranking newer than 75% of Winnipeg homes means major components like the roof, windows, and foundation are likely from a more modern era than many comparable houses, potentially reducing the need for near-term major updates.
3. The lot is large, but how is the property positioned on it?
While the listing confirms the total lot size, viewing the street view map is recommended to understand the home's placement, driveway length, and how the yard space is distributed (front/back/side).
4. The assessment value ranks higher locally than city-wide. What does this indicate?
The assessment ranks in the top 25% for the neighborhood but the top 18% city-wide. This often suggests the home is a higher-value property within its immediate area, which can be a stability factor, but property taxes will be based on this assessed value.
5. What is the significance of the "street" and "community" rankings for living space?
The living area is more average within its immediate street and community but ranks above average city-wide. This indicates the home offers a typical amount of interior space for the area, but the standout features are likely its larger lot and newer build age compared to the broader Winnipeg market.