28 Horseshoe Bay

Property Overview

This 1981 three-level split home at 28 Horseshoe Bay offers a practical layout with a finished basement and an attached garage, situated on a generous 6,007 sqft lot in the Betsworth area of Winnipeg. Its key appeal lies in its established neighbourhood setting and its relative value, as the home's assessed value ranks higher than the majority of comparable properties in Winnipeg. The rankings provided suggest it is a competitively sized and valued home for its immediate area, though its living space is more modest. It would suit first-time buyers or downsizers looking for a manageable, single-family home with outdoor space in a mature community, without the premium price tag of newer builds. A thoughtful perspective is that while the home itself is average in size for the city, the lot size offers valuable potential for expansion or landscaping, which is a less common find in this price segment.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in its neighbourhood, and across all of Winnipeg. For example, its land size ranks highly locally, meaning the lot is larger than most nearby, while its living space is more compact compared to city-wide averages.

2. Is the finished basement included in the 1,049 sqft living area?
Typically, the listed "living area" (1,049 sqft) refers to above-grade, heated space. The finished basement is additional square footage, which adds functional living space but is often not counted in the official figure.

3. What are the pros and cons of a 1981 build?
Homes from this era often feature solid construction and simpler, more modifiable layouts compared to older houses. Considerations may include the potential for original components (like windows or roofing) nearing the end of their service life, which a buyer should factor into their planning.

4. Who might this property not suit?
It may not be ideal for buyers seeking a modern, open-concept layout or who require substantial above-grade square footage without a renovation. The three-level split design involves multiple short flights of stairs.

5. How should I interpret the strong assessment value ranking?
The assessment value ranking higher than 67% of Winnipeg homes suggests the municipal government views it as a good value property relative to the market. This can be a positive indicator, but it's essential to compare this with current market prices and conditions for a complete picture.