23 Haddington Bay

Property Overview: 23 Haddington Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established Betsworth home presents a compelling blend of space, location, and value. Its key characteristic is its generous scale: at 2,430 sqft, it offers significantly more living area than most homes in Winnipeg and its own community, placing it in the top 3% for size. This is situated on a large, mature lot of over 6,800 sqft. Built in 1987, the home is newer than the majority of its immediate neighbors, and it features a finished basement and an attached garage.

The appeal lies in its proven, family-friendly setting and its standout size for the price point. The property ranks highly for its square footage and lot size, suggesting a solid investment in a desirable neighborhood. It would particularly suit growing families or those looking to upsize within a stable community without venturing into brand-new, often more peripheral, subdivisions. It’s also a strong candidate for buyers who value a home with established landscaping and a sense of permanence, and who may see potential in a property that, while well-maintained, could be updated to modern tastes over time.

Section 2: Frequently Asked Questions

1. How does the 1987 build year affect the home?
While considered newer than many in the area, a home of this age will likely have seen updates to major systems. A thorough inspection is advised to assess the condition of the roof, windows, HVAC, and plumbing, which may be approaching or have exceeded their typical lifespans.

2. The assessment value is higher than the 2016 sale price. What does that mean?
The current assessment of $574,000 reflects the city’s valuation for tax purposes, which considers market trends. The 2016 sale of $522,000 is a historical data point. The listing price will be determined by the current market, but this history shows a pattern of value retention and growth in the area.

3. The home ranks highly for size but lower for value within its street. What's the implication?
This suggests that on its specific street, there may be smaller homes with lower assessed values or larger homes with even higher values. It indicates a varied streetscape. For a buyer, this means the home’s value proposition is more about the space you get relative to the broader market than being the absolute largest on the block.

4. Is the finished basement included in the 2,430 sqft living area?
Typically, municipal living area (sqft) calculations do not include below-grade spaces, even if finished. The 2,430 sqft is almost certainly the above-ground total, with the finished basement providing additional, flexible space not reflected in that primary figure.

5. What do the community and city rankings actually tell me?
They are a quick, data-driven snapshot of how this property compares to others. For instance, ranking in the top 3% in Winnipeg for size is a significant advantage. The high rankings for lot size and building age in its immediate community confirm it as a substantial, relatively modern property within its local context.