Property Overview
This 1971-built, one-storey home on a generous 7,197 sqft lot in Betsworth offers a practical and private living environment. Its key appeal lies in a combination of space, established character, and relative value. The 946 sqft main floor is complemented by a finished basement, providing flexible living space. A notable feature is the large, private backyard—a significant asset for a home of this vintage and style. The split garage adds functional storage or workshop potential.
The home suits first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighbourhood without a premium price tag. It also appeals to value-oriented buyers who prioritize land size and privacy over a recently built home, and who see potential in personalizing a well-located property. A thoughtful perspective is that its strong city-wide rankings for lot size and age suggest it's a relatively spacious and established property compared to much of Winnipeg, offering a quiet retreat while still being within the city.
Frequently Asked Questions
1. How does the finished basement add to the living space?
While the specific layout isn't detailed, a finished basement typically adds significant functional space, potentially for a family room, home office, or additional bedrooms, making the home feel larger than the main floor square footage suggests.
2. What is the significance of the property's rankings?
The rankings compare this home to others in its immediate area and across Winnipeg. For example, ranking in the top 15% city-wide for lot size highlights the above-average outdoor space. Conversely, rankings for living area confirm it's a more compact home internally, which aligns with its character and era.
3. The home sold for $38,000 above the current assessed value in 2022. What does that indicate?
This recent sale price suggests the market valued the property higher than its municipal assessment at that time, which can indicate buyer demand for the specific location and features. Assessments are for tax purposes and can lag behind market trends.
4. What are the considerations with a home built in 1971?
While offering established charm and mature landscaping, buyers should be prepared for the potential need to update older mechanical systems (like plumbing or electrical) or aesthetics. A thorough home inspection is advised to understand the condition of major components.
5. Who might the "split garage" benefit?
A split garage (typically a two-car garage divided by a wall) is ideal for someone needing a dedicated workshop space separate from vehicle storage, or for households wanting to organize tools, bicycles, and a car in separate bays. It offers more flexibility than a single open space.