2 Cadiz Bay

Property Overview

This 1975-built, single-storey home in Betsworth offers a practical and spacious layout on a large, quiet lot. Its key appeal lies in the combination of a fully finished basement, a generous 6,929 sqft property footprint, and a layout suited for single-level living. The home presents a solid value proposition, with an assessed value that places it competitively within the broader Winnipeg market. It would particularly suit first-time buyers, downsizers looking to avoid stairs, or investors seeking a property with a strong relative value in the city. A less obvious point of appeal is the lot size, which is notably larger than many in the area, offering ample private outdoor space and future potential.

Frequently Asked Questions

1. How does the age of the home affect its condition and costs?
Built in 1975, the home is over 50 years old. While it offers character and established landscaping, prospective buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, which may be nearing the end of their service life.

2. What are the benefits and drawbacks of a split garage?
A split garage (typically a double garage separated by a wall) provides functional space for vehicles and storage. However, it can be less flexible for parking larger modern vehicles or using the space for a workshop compared to a full double-wide garage.

3. The home ranks highly for lot size but lower for age on its street. What does this mean?
This indicates you are purchasing one of the larger properties on the block, which is a significant asset. The lower ranking for age simply confirms that most houses on the street are newer, so this home may be one of the original builds in the area.

4. Is the finished basement included in the 1,262 sqft living area?
No, typically the listed "living area" refers to above-ground, finished space. The fully finished basement is an additional bonus area that adds significant functional space to the home.

5. What is the significance of the assessment value rankings?
The assessment value ranking shows the home is priced above average for its street but below average for the neighborhood and city. This can suggest it offers more house or land for the money compared to many Winnipeg properties, but may be a premium option within its immediate block.