17-100 Scotswood Drive

Property Summary: 17-100 Scotswood Drive, Winnipeg

Key Characteristics & Appeal

This is a compact, well-established condo unit in the Betsworth neighbourhood, built in 1978. Its primary appeal lies in its exceptional value and low-maintenance lifestyle. With an assessed value of $180,000 and approximately 937 square feet of living space, it represents a highly accessible entry point into homeownership. The standout feature is its remarkable competitive ranking: it places in the top 1% of its street and the top 0% of its entire community and Winnipeg for its price point, meaning it significantly outperforms comparable properties in terms of assessed value for the area.

The unit suits first-time buyers, downsizers, or investors seeking a cost-effective, no-fuss property. It’s ideal for someone prioritizing financial efficiency over modern finishes or extra space. A thoughtful perspective is that a home with such strong relative value metrics can provide a sense of financial security and stability in a specific locale, even if the unit itself is modest. The appeal is not in luxury features (note there is no basement, garage, or pool), but in a smart, grounded investment in a proven location where your equity stands out from the crowd.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area. For example, being in the "top 0%" for value in its community means its assessed price is lower than 100% of similar properties, making it a standout for affordability in Betsworth.

2. Is the condo fee included in this information?
No, the condo or maintenance fee is not listed in this data. This is a critical piece of information to request, as it directly impacts your monthly housing costs and what it covers (e.g., exterior maintenance, reserve fund contributions).

3. The building is 48 years old. Should I be concerned about major repairs?
While the unit itself may be in good condition, the age of the building warrants questions about the health of the condo corporation's reserve fund and any recent or upcoming special assessments for significant repairs like roofing, windows, or building envelope.

4. Who is this property not suited for?
It would not suit buyers needing ample storage (no garage or basement), those desiring modern, open-concept layouts typical of newer builds, or families requiring multiple bedrooms and more square footage than the average 937 sqft offers.

5. The "land area" is listed as "—". What does that mean?
This indicates the unit is a condominium. You are purchasing the interior unit space and a share of the common elements, not a separate parcel of land. Your property taxes are based on the assessed value of the unit itself.