Property Summary: 851 Community Row, Betsworth, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home on a large, mature lot in the Betsworth neighbourhood. Its primary appeal lies in its generous 8,173 sqft property and its spacious 1,492 sqft of finished living space, which includes a developed basement. Built in 1971, the home offers a practical layout without the maintenance concerns of a much older property. The data suggests a key strength is its above-average lot and living space compared to most of Winnipeg, placing it in the top tiers for size. It would particularly suit buyers looking for room to grow, garden, or enjoy outdoor space without moving to the rural fringes. It’s a practical choice for those who value established communities, larger plots, and single-level living, but who are comfortable with a home that requires the upkeep typical of its era. A less obvious perspective is that while its assessment value ranks moderately locally, its superior physical size rankings could represent a value opportunity for a buyer prioritizing space over a premium for a recently renovated interior.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, wider neighbourhood, and all of Winnipeg. For example, its land size is larger than 89% of all Winnipeg properties, indicating a very sizable lot, while its building age is newer than only 49% of the city, confirming it's a mature home.
2. Is the basement included in the 1,492 sqft living area?
No, the 1,492 sqft figure refers to the above-grade living area. The home has a separate, finished basement, which adds significant additional functional space to the property.
3. What are the implications of a 1971 build year?
Homes from this era often feature solid construction and straightforward floor plans. Buyers should budget for potential updates to major systems like roofing, windows, or the HVAC, which may be nearing the end of their service life, while appreciating the character and mature landscaping of a 55-year-old property.
4. There's no garage. Is adding one feasible?
Given the very large lot size (over 8,000 sqft), there is likely ample space to potentially add a detached garage or workshop, subject to local zoning and setback bylaws. This is a significant advantage for a property without an existing garage.
5. How does the assessment value relate to the asking price?
The municipal assessment of $370,000 is for tax purposes and provides a benchmark. It ranks moderately within the community, suggesting the home's official valuation is average for the area. The final sale price will be determined by the market, considering factors like condition, updates, and current demand for homes with such a large lot.