Property Overview & Appeal
This 1973-built bungalow at 846 Community Row in Betsworth offers a practical and spacious family home on a large, 7,199 sqft lot. Its key characteristics include a fully finished basement, an attached garage, and 1,442 sqft of living space. The appeal lies in its above-average lot size and well-maintained condition for its age, presenting a solid value proposition in the Winnipeg market. It ranks notably high city-wide for lot size (top 15%) and living area (top 31%), suggesting more space than many comparable homes.
It would suit first-time buyers or downsizers looking for a manageable single-story layout without sacrificing yard space, as well as value-oriented buyers who prioritize land size and functional space over a newer build. A thoughtful perspective is that while the home is over 50 years old, its rankings show it competes favorably in terms of size and value against many newer properties, offering established neighborhood character and mature landscaping.
Frequently Asked Questions
1. How does the age of the home affect its condition and potential costs?
Built in 1973, major systems like the roof, windows, and furnace may be at or beyond their typical lifespans. A thorough inspection is crucial to budget for potential updates, though the home's strong rankings suggest it has been maintained competitively for its age.
2. What does the "fully finished basement" include?
The listing confirms the basement is finished, adding usable living space. It's important to clarify the finish quality, ceiling height, and whether it includes a separate entrance or additional bedrooms.
3. The lot is large, but how is it shaped and oriented?
At 7,199 sqft, the lot is a significant asset. Understanding its layout—whether it's deep, wide, or irregular—and its sun exposure will help determine its usefulness for gardening, recreation, or future expansion.
4. The home ranks highly for size but lower for newness within its community. What does this mean?
This indicates you're getting more house and land for your money compared to many neighbors, but the trade-off is an older property. It appeals to those valuing space and established areas over modern builds.
5. How stable is the assessed value compared to the asking price?
The city's assessed value is $432,000, ranking in the top 29% city-wide. This provides a benchmark for municipal taxation, but the market price is determined by current conditions, recent upgrades, and buyer demand.