Property Overview: 766 Community Row, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home in the Betsworth neighborhood, built in 1974. Its primary appeal lies in its generous, mature lot of over 10,000 square feet—a significant and increasingly rare find that offers ample space for gardening, recreation, and expansion. The home itself features a finished basement and an attached garage, providing practical living space. The data reveals a compelling story: while the house is of average size and assessed value for the wider city, its lot size ranks in the top 6% across all of Winnipeg, indicating a standout attribute. Conversely, its newer construction ranking within the neighborhood suggests it sits among older homes on its street, which can appeal to those seeking established, tree-lined communities.
This property would suit a buyer who values outdoor space and privacy over a brand-new build. It’s ideal for a family looking for a large backyard, a hobbyist gardener, or someone with future plans for a deck, workshop, or addition. The finished basement adds flexible living area, making it suitable for multi-generational living or a home office. It’s a home for a pragmatic buyer who sees the long-term value in land and is comfortable with the character and maintenance considerations of a home from the 1970s.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 10,133 sqft lot is a major feature, placing it in the 94th percentile for Winnipeg. It is substantially larger than the average city lot, offering exceptional outdoor space.
2. What does the "ranking" data actually tell me?
The rankings compare this home to others on its street, in Betsworth, and across Winnipeg. For example, it ranks better for lot size (top 6% in Winnipeg) than for its assessed value (top 51%), highlighting that the land is a disproportionately valuable component of the property.
3. Is the neighborhood considered mature?
Yes. The home is 52 years old, and its "newness" ranking within Betsworth (top 65%) indicates it is among the older third of homes in the community, confirming the area's established, mature character.
4. What are the implications of a 1974 build date?
While systems and the roof may have been updated, a buyer should budget for age-related maintenance and consider the efficiency standards and layout style typical of that era. A thorough inspection is advised.
5. The assessment seems modest for such a large lot. Why?
Property assessments consider the home's size, condition, and features alongside the land value. The data suggests the assessed value is driven more by the existing house than the premium lot, which could represent a value opportunity for a buyer planning to enjoy or enhance the property over time.