123 Hunterspoint Road

Property Overview: 123 Hunterspoint Road

This well-established two-storey home in Betsworth offers a blend of space, location, and value. Built in 1984, it sits on a generous 6,543 sqft lot and features 1,746 sqft of living space with a finished basement. Its appeal lies in its established neighbourhood setting and strong value proposition relative to the wider Winnipeg market. The home suits practical buyers looking for a move-in-ready property with room to grow, without the premium of a brand-new build. It’s particularly fitting for young families seeking stability or downsizers who still want ample indoor and outdoor space without excessive upkeep.

Key Characteristics & Appeal:

• Solid Value & Stability: With an assessed value of $511,000 and consistent historical price appreciation, this property represents a stable investment in a mature area. Its rankings show it outperforms the majority of Winnipeg homes in size, value, and lot size, suggesting a solid foothold in the market.
• Established Neighbourhood Charm: The home benefits from a large lot that is bigger than most in its immediate area, offering more private outdoor space than many newer properties. The neighbourhood itself is well-settled, evident in the home's high ranking for age on its street, meaning it fits seamlessly into a long-standing community fabric.
• Practical & Efficient Layout: The two-storey design with a finished basement provides clear separation between living and sleeping areas, ideal for family life or hosting. The absence of a pool or garage translates to lower ongoing maintenance costs and simpler upkeep, a less obvious benefit for those prioritizing their time and budget.
• Ideal Buyer Profile: This home is an excellent match for first-time buyers who have outgrown a starter home and need more space, or for value-conscious purchasers who prefer the character and larger lots of established communities over newer, denser subdivisions. It's less suited for those seeking ultra-modern finishes or specific amenities like a garage.

Frequently Asked Questions (FAQs)

1. How does the property's value compare to the area?
The home's assessed value ranks in the top 22% of its community and top 16% city-wide, indicating it is considered a higher-value property for its area. The last sale in 2020 was also above the community median, supporting its strong market position.

2. Is there potential for future expansion or renovation?
The large lot size (over 6,500 sqft) is a significant asset that ranks highly, providing ample outdoor space and potential for additions like a garage, deck, or garden suite, subject to municipal approvals.

3. What does the "finished basement" include?
The listing confirms the basement is finished but does not specify the rooms or layout. This typically means it has legal living space such as recreation rooms, extra bedrooms, or a bathroom, adding functional square footage to the home.

4. Why is there no garage, and is that a concern?
Many homes in established neighbourhoods were built without garages. While it means on-street or driveway parking, it also reduces maintenance costs and complexity. The large lot does offer potential to add one in the future.

5. The home is over 40 years old. What should I consider?
While the home ranks as newer than most on its specific street, its age means key systems like the roof, windows, and furnace may be at or beyond their typical lifespan. A thorough inspection is advised to understand the condition and plan for any updates, which is a common consideration for homes of this vintage offering character and space.