Property Summary: 86 Civic Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained 1987 four-level split home sits on a generous 6,172 sqft lot in Betsworth. With 1,827 sqft of finished living space, including a developed basement, it offers a practical and spacious layout for family living. The home’s recent sale in June 2024 at $570,000, notably above its $510,000 assessed value, indicates strong market recognition.
Its primary appeal lies in its balanced performance across key metrics. It ranks highly within Winnipeg for its size, value, and recent sale price, suggesting it is a competitive property in the broader market. The lot size is a significant asset, providing ample outdoor space in a mature neighbourhood. This home would best suit buyers looking for a move-in ready, established family home with room to grow, who value a large yard over attached garage convenience. A thoughtful perspective is that while its rankings within its immediate street and community are more moderate, its stronger city-wide standing highlights its appeal as a solid, city-level value compared to more niche or location-dependent properties.
Section 2: Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings show how this property compares to others in three areas: its specific street, the wider Betsworth community, and all of Winnipeg. For example, ranking in the top 14% of Winnipeg for living size means it's notably more spacious than most city homes.
2. The house sold for $60,000 over its assessed value. Is that normal?
While assessments are for tax purposes, a significant sale price above assessment can reflect strong buyer demand, recent upgrades not yet reflected in the assessment, or a market appreciating faster than official valuations.
3. What are the pros and cons of a four-level split design?
Pros include defined separation of living spaces (e.g., sleeping areas split from social areas) and often interesting architectural lines. A potential con is more interior stairs, which may be a consideration for very young children or mobility.
4. There's no garage. How big of a drawback is this?
This depends on buyer priorities. The large lot may offer space for a future garage or shed, but for those requiring immediate covered parking, it's a key factor. Street parking permission and neighbourhood traffic patterns would be important to investigate.
5. The home is 39 years old. What should I focus on during a viewing?
Pay close attention to the condition of major systems that are at or beyond their typical lifespan, such as the roof, windows, furnace, and water heater. The quality and maintenance of the basement finish, given its age, is also crucial to check for any moisture issues.