Property Overview
This well-established Betsworth home presents a solid, single-storey living option on a generously sized lot. Its key appeal lies in the combination of a fully finished basement, a large 8,518 sqft property, and the practical advantage of a split garage. Built in 1972, the home offers a functional 1,076 sqft of living space above grade. The standout feature is the land itself; the lot size ranks in the top 10% across Winnipeg, offering exceptional outdoor space potential relative to the home's footprint. This property would suit first-time buyers, downsizers, or investors looking for a manageable, single-level layout with room to grow or garden. It’s a practical choice for those who value private outdoor space and workshop/storage potential (via the split garage and finished basement) over a brand-new build.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Betsworth, and across all of Winnipeg. For example, its lot size is in the 90th percentile city-wide, meaning it's larger than 90% of Winnipeg lots—a significant advantage. Its assessed value, however, ranks lower within its immediate area, which may reflect the older home age or present a value opportunity.
2. Is the finished basement included in the 1,076 sqft living area?
No. The listed 1,076 sqft refers to the above-ground living space. The finished basement provides additional, bonus square footage that is not typically included in the official living area calculation.
3. What are the implications of a 1972 build date?
While the home is over 50 years old, its construction year is newer than 81% of homes on its street. This suggests a mature neighbourhood with well-established homes. Buyers should budget for updates to era-specific components like windows, roof, or mechanical systems, but may find the structure itself to be solid.
4. What is a split garage, and what are its benefits?
A split garage typically refers to a two-car garage with separate doors, or possibly a garage divided into two distinct bays. This layout can offer more flexible storage, workshop, or parking arrangements than a single, wide door, and may provide easier access.
5. The assessment is $364,000. How should I use this figure?
Municipal assessments are for tax purposes and reflect a mass-appraisal value from a prior date. They are a data point, not a market valuation. The current market price can be higher or lower based on condition, updates, and market trends. It’s best used to understand property tax estimates, not to determine an offer price.