14 Barbara Crescent

Property Overview: 14 Barbara Crescent

Key Characteristics & Appeal

This is a spacious, well-established two-storey home in the Betsworth area of Winnipeg. Built in 1979, it sits on a large, approximately 5,700 sqft lot. The primary appeal lies in its generous 2,182 sqft of living space, which ranks in the top 10% of homes locally, offering ample room for a growing or multi-generational family. A finished basement adds valuable flexible space. While it lacks a garage or pool, the home’s strength is its solid footprint and established presence in a mature neighbourhood.

The data suggests a home that balances space with value. It last sold in 2022 for $555,000, slightly above its current assessed value, indicating a stable market perception. Its rankings show it outperforms most area homes in terms of size and recent sale price, yet remains in a more accessible tier than premium new builds. This property would best suit buyers looking for move-in ready space over modern luxury—those who prioritize square footage, a large yard, and a settled community over brand-new finishes or specific amenities like a garage. It’s a practical choice for families or individuals needing room to grow without venturing into the upper extremes of the market.

Frequently Asked Questions

1. How does the lack of a garage impact daily life and property value?
While a garage is a common desire for vehicle storage and workshop space, many homes in mature neighbourhoods lack one. The large lot does offer potential for adding a parking pad or future garage, subject to permits. The recent sale price shows the market has clearly valued the home’s other strengths, like its size, despite this absence.

2. The home is 47 years old. What should I be mindful of?
A home of this age will have had many components updated over time. A key focus should be on the major systems: the roof, windows, plumbing, and electrical. A thorough inspection is essential to understand the condition of these elements and to plan for any foreseeable maintenance, which is typical for any well-kept older home.

3. The community rankings for size are high, but the "neighbourhood" rank is lower. What does this mean?
This indicates that while this specific house is larger than most in Betsworth, the Betsworth area itself may have a mix of many smaller homes or different property types. It highlights that this property is a standout in its immediate area for space, offering more room than the neighbourhood average.

4. The 2022 sale price was higher than the current assessed value. Is that a concern?
Not necessarily. Assessed values for taxation purposes often lag behind current market fluctuations. The 2022 sale represents a recent market transaction, which is a strong indicator of the home’s market value at that time. It’s a useful benchmark for understanding what a buyer was willing to pay in the recent past.

5. What is the potential here for future updates or expansion?
The combination of a large lot and a finished basement provides two clear avenues. The lot size could allow for additions like a deck, shed, or even an extension (with approvals). The finished basement already adds liveable space but could be reconfigured to suit a new owner’s needs for a recreation room, home office, or separate suite.