150 Norlorne Drive

Property Overview & Appeal

This Betsworth bungalow presents a practical and comfortable living opportunity. Its key characteristic is a fully finished basement, effectively doubling the usable living space beyond its 1,014 sqft main floor. Built in 1981, the home is notably newer than most in its immediate area, offering modernized infrastructure. The appeal lies in its manageable scale on a good-sized lot (over 5,600 sqft), coupled with an attached garage—a valuable feature in Winnipeg's climate. It suits first-time buyers seeking a solid starter home with room to grow, downsizers looking for single-level living without sacrificing space, or investors interested in a property with strong rental fundamentals in a mature neighbourhood.

Frequently Asked Questions

1. How does the age of this home compare to others nearby?
At 45 years old, this bungalow is actually newer than approximately 93% of the other homes on its street, which is a significant advantage in terms of potential updates and major systems.

2. Is the living space considered large for the area?
The above-ground living area is modest, ranking below most homes in the wider community. However, the finished basement provides substantial additional space, making the total functional square footage more competitive.

3. What do the ranking percentages actually mean?
They show how this property compares to others in three geographic tiers. For example, ranking in the "top 40%" city-wide for value means 60% of Winnipeg homes have a higher assessed value, positioning this as a more affordable option within the city.

4. Why is the lot size a notable feature?
At over 5,600 square feet, the lot is larger than average for the neighbourhood, offering more private outdoor space and potential for gardening, expansion, or additions, subject to local bylaws.

5. Who might this property not be ideal for?
Buyers seeking a brand-new or recently fully renovated turn-key home, or those who prioritize a very large primary-floor living area without using stairs, may find other properties more suitable.