Property Overview: 94 Civic Street, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1987, situated on a generous 6,172 sqft lot in the Betsworth neighbourhood. Its key features include a fully finished basement and an attached garage. With 1,344 sqft of living space, it offers a practical layout for everyday living.
The appeal lies in its established setting and strong relative value. The property ranks highly within Winnipeg for its lot size (top 27%) and assessed value (top 19%), suggesting a desirable land-to-structure ratio. Notably, it is a newer build compared to most homes in its immediate community (top 14%), which can mean fewer concerns about aging core components. The finished basement immediately adds functional space for recreation, a home office, or guests.
This home would best suit pragmatic buyers—perhaps small families, downsizers, or first-time purchasers—who prioritize space, a move-in-ready condition, and a solid footing in the market over high-end finishes or a brand-new build. It’s for someone who sees the value in a home that is competitively positioned within the broader city market while offering a quiet, settled street life.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and across Winnipeg. For example, ranking in the "top 27%" for lot size in Winnipeg means 73% of city properties have a smaller lot. It's a quick way to gauge competitive standing.
2. Is the 1987 build year a concern?
While not new, this home is newer than 86% of properties in its specific community. This suggests major systems like roofing, windows, or furnaces may have been updated more recently than in many neighbouring homes, but specific inspection is always advised.
3. How does the living space feel for a family?
At 1,344 sqft above grade, the living area is modest for the lot size. However, the fully finished basement effectively doubles the usable space, making the overall footprint more comfortable for a growing family or those needing flexible rooms.
4. Why is the assessed value ranking higher than the living space ranking?
The assessment reflects both the structure and the land. The high value ranking (top 19% in Winnipeg) paired with a mid-range living space ranking indicates that a significant portion of the home's value is derived from its substantial lot—a positive for long-term equity.
5. What’s the neighbourhood like?
As part of Betsworth, it offers mature streetscapes with larger lots. The rankings suggest it's a varied area with homes of different ages and sizes, providing a more diverse streetscape than a brand-new subdivision.