106 Civic Street

Property Overview: 106 Civic Street, Winnipeg

Key Characteristics & Appeal

This well-established Betsworth home presents a practical and spacious family living option. Built in 1993, its key feature is a generous, nearly 8,600 sqft lot, offering significant outdoor space that ranks in the top 9% for size across Winnipeg. The home itself is a 1,465 sqft bungalow with a finished basement and an attached garage, providing a classic and functional layout.

Its primary appeal lies in its established neighbourhood setting combined with above-average land size—a pairing that is increasingly rare in newer subdivisions. The property shows strong long-term value retention, with its current assessed value notably higher than its late-2021 sale price. It would particularly suit buyers looking for a low-maintenance, single-storey home with room for gardens, play, or future outdoor projects, who value space over a brand-new build. A thoughtful perspective is that while the interior living space is competitively sized, the true standout is the land itself, offering a tangible asset and potential that newer properties on smaller lots often lack.

Frequently Asked Questions

1. How does this property compare to others in the area?
The data shows it excels in lot size (top 9% in Winnipeg) and is a relatively newer build for the street (top 3%). Its assessed value is in the top 19% for the community, indicating it is viewed as a higher-value home in Betsworth.

2. Is there room for expansion or renovation?
The very large lot provides ample space for potential additions like a deck, shed, or garden suite (subject to city bylaws and zoning). The existing finished basement also adds immediate flexible living space.

3. What does the price history indicate?
The home sold for $503,000 in December 2021 and is now assessed at $527,000. This suggests a stable or appreciating market value over the holding period, which is a positive indicator of the area's stability.

4. Who would this home be a good fit for?
It's an ideal fit for downsizers seeking single-level living without sacrificing yard space, or for young families looking for a move-in ready home with a large, safe outdoor area for children to play.

5. Are there any obvious drawbacks?
The interior square footage is modest relative to the lot size and ranks in the middle tier for the community. Buyers seeking a very large interior may need to consider the potential to expand, given the available land.