Property Overview

This 1984 two-storey home at 258 Scotswood Drive S in Betsworth offers a practical and well-proportioned living space on a generous 6,275 sqft lot. Its key appeal lies in its established neighborhood setting and strong relative value. With 1,756 sqft of finished living space, including a developed basement, it provides ample room for a family. The data suggests it is a competitively sized and valued home for its area, ranking above average in Winnipeg for both living space and assessed value. Its appeal is grounded in being a solid, move-in-ready property without the premium of a brand-new build. This home would suit first-time buyers looking for a spacious starter home, or downsizers seeking a manageable yet roomy property without a yard that's too large to maintain. It’s a practical choice for those who value space and location over having a garage or modern architectural features.

Key Considerations & FAQs

1. What is the neighborhood like? Betsworth is a mature, established community. The home's rankings indicate it is a fairly typical property for the specific street and area in terms of size and value, suggesting a consistent, settled character without extreme highs or lows.

2. The home is 42 years old. What should I budget for maintenance? As a home from the 1980s, major components like the roof, windows, and furnace may be at or beyond their typical lifespan. A thorough inspection is crucial, and buyers should be prepared for potential updates, which is often reflected in the accessible price point for the square footage offered.

3. There's no garage. Is there room to add one? The large lot provides a significant opportunity. While there is no existing garage, the lot size is a major asset, potentially allowing for the future addition of a detached garage or workshop, subject to local zoning and permit approvals.

4. How does the assessed value relate to the likely selling price? The municipal assessment of $519,000 is a benchmark for property taxes, not a market valuation. However, its high percentile ranking (top 15% in Winnipeg) indicates the city views it as a well-above-average property for tax purposes, which can be a useful data point in market comparisons.

5. The basement is developed. What is its condition likely to be? Finished basements in homes of this era often feature classic 80s/90s materials like vinyl flooring and wood paneling. While functional and adding valuable living space, new owners might plan to modernize it to match the main living areas over time.