Property Overview

This two-storey home on a spacious 6,537 sqft lot offers a compelling blend of space, established character, and strong value metrics. Built in 1984, its key appeal lies in its above-average living area of 2,308 sqft and a fully finished basement, providing ample room for a growing family or those who enjoy hosting. The data suggests a home that stands out in its immediate area, particularly for its generous interior size and recent assessed value, which ranks in the top tiers for its street and wider community.

Its appeal is grounded in solid, practical advantages. It suits buyers looking for a move-in ready home with room to grow, without the premium of a brand-new build. The excellent rankings for living space and assessment value against local comparables indicate a property that is both substantial and proportionately valued. A thoughtful perspective is that while it lacks a garage, the very large lot presents a clear opportunity for future addition or creative outdoor use. The 2020 sale price provides a transparent recent benchmark, showing appreciation that aligns with a stable, desirable location.

Frequently Asked Questions

1. How does the lack of a garage impact daily life and value?
While a garage is a common convenience, its absence is reflected in the current pricing and is mitigated by the large lot. For many buyers, the trade-off for more interior and yard space is acceptable, and the lot has clear potential for adding a garage or carport in the future.

2. The house is over 40 years old. What should I be mindful of?
A home of this age is typically past its major initial settling but will require proactive maintenance. Key systems like the roof, windows, furnace, and plumbing should be inspected for their age and condition. The good news is that many original components have likely been updated over the decades, which an inspection will clarify.

3. The property ranks highly for size and value, but only moderately for the neighborhood. What does that mean?
This indicates that while the home itself is larger and has a higher assessed value than most houses on its street and in Winnipeg overall, the Betsworth community contains a wide variety of properties. You are getting a physically larger and well-valued property within a diverse, established neighborhood.

4. Is the finished basement included in the 2,308 sqft living area?
Typically, living area (or above-grade square footage) does not include basement space, even if finished. The 2,308 sqft likely refers to the main and upper floors. The separate mention of a "finished basement" is a significant bonus, adding functional space for recreation, guests, or a home office.

5. The assessed value is higher than the 2020 purchase price. Is this a concern?
Not necessarily. Municipal assessments for tax purposes often lag behind market trends and use their own formulas. The increase from the 2020 sale price to the current assessment can reflect market appreciation over four years and is a positive indicator of growing equity. The final market value will be determined by current buyer demand.