Property Overview
This 1967 bi-level home at 826 Community Row offers a practical and spacious layout on a large, 7,198 sqft lot in Betsworth. Its key appeal lies in its balance of established community character and strong value metrics. The 1,152 sqft home features a finished basement and a split garage. While its age and interior size are average for the area, it stands out for its above-average lot size and a municipal assessment that ranks higher than most homes in Winnipeg, suggesting solid underlying value. This property would suit first-time buyers or downsizers looking for a manageable home with room to garden or expand outdoors, and for value-focused buyers who appreciate a home that compares favorably in price to its assessed worth.
Key Details & FAQs
Key Characteristics & Appeal:
The home’s primary strengths are its generous lot and its strong assessment ranking, indicating it is perceived as a higher-value property within the broader market. Its appeal is grounded in space and stability rather than modern finishes. The finished basement adds flexible living space. It would best suit a buyer comfortable with a home of vintage character who sees potential in the large yard and values a property that holds a competitive position in terms of municipal valuation.
Frequently Asked Questions:
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, its lot size ranks in the top 15% city-wide, meaning it's larger than most, while its age is older than about 55% of Winnipeg homes.
2. Is the finished basement included in the 1,152 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional area, providing extra rooms or recreational space not reflected in that main square footage figure.
3. What is the significance of the assessment value being higher than most?
An assessment that ranks higher than 72% of Winnipeg homes suggests the city views this property as being in the top 28% for value. This can be a positive indicator for equity and resale, though the final market price is determined by buyer demand.
4. What are the considerations with a 1967 bi-level?
Homes from this era are solidly built but may have original mechanical systems (like heating or plumbing) that require inspection. The bi-level design offers a distinct floor plan with entry typically midway between two living levels.
5. How does the lot size benefit a buyer?
A lot of this size (over 7,000 sqft) in the city is a significant asset. It offers ample private outdoor space, potential for gardening, additions, or a shed, and generally feels more spacious than newer subdivisions.