Property Overview

This 1986-built, one-storey home on a large 6,246 sqft lot in Betsworth presents a solid, move-in-ready opportunity. Its key appeal lies in a combination of space, established location, and modern valuation. The 1,611 sqft living area is above average for Winnipeg, and the finished basement adds significant functional space. While the home's age places it in the older third of its immediate street, it is notably newer than most houses in the wider community, suggesting a well-established yet not antiquated streetscape. The property’s current assessed value ranks highly city-wide, indicating strong official valuation relative to its footprint and area.

It would suit practical buyers looking for a single-level layout, perhaps downsizers or young families seeking a ready-to-live-in home without a major project. The large lot is a standout feature for those prioritizing outdoor space over a brand-new build. Its high city-wide rankings for both lot size and assessed value suggest it’s a property with inherent equity and scarcity, appealing to the value-conscious buyer who understands that land is a permanent asset.

Key Questions for Consideration

1. How does the "older on the street but newer in the community" ranking affect the property?
This suggests the home is on an established street where some newer infill may have occurred, but it remains one of the more recent builds in the broader neighborhood. This often means mature trees and settled infrastructure, without the premium price of a brand-new area.

2. The living space ranks highly city-wide but low on its street. What does this indicate?
It highlights that this is a street of notably spacious homes. While this home offers ample room by general standards, it’s among the more modest in size on Matlock Crescent itself, which may influence the social character and price point of the street.

3. What is the significance of the high assessment value ranking?
With an assessment value surpassing 86% of Winnipeg homes, the municipal tax valuation is robust. This typically reflects a combination of the large lot size, finished condition, and location. Buyers should be prepared for property taxes aligned with this above-average valuation.

4. Is the finished basement included in the listed 1,611 sqft living area?
No, the 1,611 sqft is the main floor living area. The finished basement is additional square footage, significantly increasing the home's usable space but not included in the official living area figure.

5. What are the implications of a 40-year-old home?
Systems like the roof, windows, furnace, and plumbing are at or beyond their typical service life. A thorough inspection is crucial to understand the home's mechanical condition and anticipate near-future capital expenditures, which is a trade-off for the lot size and established neighborhood.