22 Speyside Avenue

Property Overview

22 Speyside Avenue presents a well-maintained, single-storey home in the Betsworth neighbourhood. Its primary appeal lies in offering solid, move-in-ready space on a large, mature lot—a combination that provides both immediate comfort and long-term potential. The home suits first-time buyers seeking a manageable layout without major renovations, or downsizers looking for a single-level living space with a generous yard. Investors may also see value in its stable rental profile for the area.

A key characteristic is its balance of space and upkeep. With over 1,000 sqft of living area and a fully finished basement, it offers functional space for a small family or couple. The nearly 6,000 sqft lot is a significant asset, offering ample outdoor privacy and room for gardening, play, or future expansion like a shed or deck. While the 1976 build date means some systems may be original, the home ranks notably newer than most on its street, suggesting it has been a cared-for property in a settled area.

The home’s value is underscored by its competitive rankings. It sits in the top third of Winnipeg homes for lot size and overall newness, indicating a strong positional advantage. However, its interior size and assessed value are more middle-of-the-road for the city, highlighting that you are paying more for the land and the condition of the structure than for expansive square footage. This is a property for those who prioritize lot size, neighbourhood stability, and a home that doesn’t require immediate updates over having the largest house on the block.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home to others on its street, in Betsworth, and across all of Winnipeg. For example, being newer than 93% of homes on its street suggests it is one of the most updated properties in that immediate area, which can be a positive sign of maintenance.

2. Is the finished basement included in the 1,072 sqft living area?
Typically, the listed living area (sqft) refers to above-ground, heated space. The finished basement is additional square footage, adding usable living or storage space to the home’s total functional area.

3. What are the implications of a 1976 build date?
Homes from this era may have original components like windows, roofing, or major systems (furnace, electrical) that could be nearing the end of their service life. A thorough inspection is advised, but the high "newness" ranking suggests it may have seen better upkeep than many peers.

4. Who might this property not suit?
Buyers seeking a modern, open-concept layout or very large interior spaces may find the floor plan and square footage limiting. It’s also likely not for those wanting a brand-new home or a property with no future maintenance considerations.

5. How should I interpret the assessment value versus the listing price?
The municipal assessment ($362,000) is for taxation purposes and lags behind the current market. The listing price is set by the seller based on today’s market conditions. The assessment is a useful benchmark but not a direct predictor of sale price.