Property Overview
This 1971-built bungalow at 809 Berkley Street presents a compelling mix of space, location, and value. Its primary appeal lies in its expansive, nearly quarter-acre lot—a rare find that ranks in the top 5% of all Winnipeg properties for size. The home itself is a manageable 872 sqft bungalow with a finished basement, offering a practical layout. It features a split garage and sits in the Betsworth neighbourhood, where it ranks highly for lot size within the community.
The property suits buyers prioritizing land over living square footage. It’s ideal for those seeking outdoor space for gardening, pets, or future expansion, and who value a home with solid fundamentals in a mature area. Its above-average lot ranking contrasts with its more modest rankings for living area and assessed value, suggesting a key opportunity lies in the land itself. This could appeal to a long-term homeowner looking to put down roots and gradually customize, or to a value-conscious buyer who sees potential in the generous yard that most newer subdivisions cannot match.
Frequently Asked Questions
1. What is the true draw of this property?
While the house is a standard bungalow, the standout feature is the 10,682 sqft lot. It offers exceptional outdoor space that is increasingly difficult to find, providing privacy, room for recreation, and future possibilities.
2. The home’s living area ranking is low. Is it too small?
At 872 sqft plus a finished basement, the home is compact but functional. It would best suit individuals, couples, or small families. The lower ranking highlights that the property’s value proposition is weighted more toward its land than its interior square footage.
3. How does the 1971 build year affect the home?
Built 55 years ago, the home is in the middle range for age in Winnipeg. Buyers should expect the maintenance and potential update needs typical of a mature home, but it also comes with the established character and larger lot size of its era.
4. The assessed value ranking is average. Does that mean it’s priced fairly?
With an assessed value ranking near the 50th percentile for Winnipeg, the property is not assessed as a high-value home relative to the city. This, combined with its top-tier lot size, can indicate a pricing structure where you are primarily investing in the land, which some buyers may find advantageous.
5. What is the neighbourhood like?
Betsworth is a mature, established community. The property ranks very well (top 19%) for lot size within the neighbourhood, meaning it offers more space than most homes around it, which is a significant local advantage.