18 Cadiz Bay

Property Overview

This 1976-built, one-storey home on a large 8,453 sqft lot in Betsworth offers a classic and spacious footprint. Its key appeal lies in its established neighbourhood setting and above-average proportions. With 1,334 sqft of living space, a finished basement, and an attached garage, it provides practical, single-level living. The property’s standout feature is its lot size, which ranks in the top 14% on its street and the top 10% across all of Winnipeg, offering significant outdoor space and potential. Recent assessments value the property at $454,000, placing it in the top quarter of homes city-wide for value.

The home suits buyers looking for a ground-level layout, perhaps downsizers or young families seeking room to grow outdoors. Its appeal is grounded in space and location rather than modern finishes, ideal for someone who values a generous yard and the character of a mature community over a new-build. A thoughtful perspective is that while the home is 50 years old, its building age ranks in the top 5% on its street, suggesting the immediate area is well-established and stable.

Frequently Asked Questions

1. How does the lot size compare practically?
At over 8,450 sqft, the lot is significantly larger than the average urban property, offering ample space for gardening, recreation, or future additions like a shed or deck.

2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent or rooms. This should be verified during a viewing to understand if it’s a recreational space, additional bedrooms, or a simple living area.

3. The home is 50 years old. What should I consider?
While the structure is mature, its key systems (roof, windows, plumbing, electrical, HVAC) may have been updated over time. A thorough inspection is recommended to assess the condition and any needed maintenance.

4. The value ranks highly city-wide. What does that indicate?
The assessment ranking in the top 25% for Winnipeg suggests the property is considered a higher-value asset for tax purposes compared to most homes in the city, which can reflect both its lot size and desirable location.

5. Who would this property not suit?
Buyers seeking a modern, move-in-ready home with contemporary layouts and new appliances may find the 1976 build requires updates. It’s also a one-storey layout, so those preferring multiple distinct levels might look elsewhere.