2 Harrogate Bay

Property Overview

This two-storey home on a quiet street in Betsworth offers a blend of established character and above-average space. Built in 1983, its key appeal lies in its generous 2,250 sqft of living area and a large, 6,993 sqft lot, both of which rank in the top tier for the neighborhood and city. The home features a finished basement and an attached garage. Its value proposition is grounded in solid, roomy fundamentals rather than flashy amenities. The data suggests it's a property that outperforms most Winnipeg homes in terms of size and assessed value, yet remains comfortably within the established fabric of its community.

It would suit buyers looking for a long-term family home with ample indoor and outdoor space, who appreciate the maturity of a 40-year-old neighborhood. It's ideal for someone who values statistical substance—like strong rankings for square footage—over a recently renovated or move-in-perfect condition. The 2019 sale price provides a clear recent benchmark, offering a grounded starting point for valuation.

Key Questions & Considerations

1. What do the rankings actually mean?
They show how this property compares to others in its immediate area and the wider city. For example, ranking in the top 5% of Winnipeg for living area means it's significantly larger than most homes here, which is a major advantage. The rankings for lot size and assessed value are similarly strong.

2. Is the 1983 build year a concern?
While the home is 43 years old, it ranks newer than 76% of homes in its own community, meaning the neighborhood itself is well-established. Buyers should plan for age-appropriate maintenance and potential updates, but the structure is from a period known for solid construction.

3. The assessment is higher than the 2019 sale price. What does that indicate?
The current assessment of $537,000 reflects the city's valuation for tax purposes, which has risen since the 2019 purchase at $496,000. This increase aligns with broader market trends. The assessment provides a data point, but the market will determine the final sale price.

4. Who would this property NOT suit?
It may not suit those seeking a brand-new, low-maintenance property or specific modern amenities like a pool. The appeal here is space, established roots, and value within its category, not contemporary luxury.

5. How significant is the lot size?
At nearly 7,000 sqft, the lot is a substantial feature. It offers significant outdoor space for gardening, play, or expansion, which is increasingly rare and valuable in mature city neighborhoods, providing both privacy and potential.