31 Scotswood Drive

Property Overview & Key Characteristics

This two-storey home on a generous 6,721 sqft lot presents a classic and spacious family layout. Built in 1978, it offers 1,850 sqft of living space, a finished basement, and an attached garage. Its appeal lies in its established, roomy feel and strong relative value within the broader Winnipeg market. The data indicates it outperforms a significant majority of city homes in terms of lot size, living area, and assessed value, suggesting a property that offers more space for the dollar compared to many alternatives. It sits in a mature neighbourhood where homes span many decades, offering a settled, tree-lined environment.

This home would suit buyers looking for a ready-to-move-in, no-fuss family home with ample indoor and outdoor space, who value the character and larger lot sizes of an older neighbourhood over a brand-new build. It’s also a practical choice for those who appreciate a finished basement for extra living or recreational space. A less obvious perspective is that for a home of this vintage, its rankings in living area and value are notably strong, hinting that it may have been well-maintained or offer a more efficient layout than some of its peers from the same era.

Frequently Asked Questions

Q: How does this home compare to others in the area?
A: The data shows it ranks highly within its own street, neighbourhood, and especially across Winnipeg for living space and lot size. It offers more square footage than over 80% of homes in its immediate community and across the city, indicating it's a spaciously sized property for the area.

Q: What does the assessed value tell me?
A: The current assessed value of $489,000 is a municipal valuation for tax purposes. It provides a benchmark, showing the home is valued higher than 81% of Winnipeg properties, but the final market price is determined by buyer demand and recent comparable sales.

Q: The house was built in 1978. What should I consider?
A: While the structure is nearly 50 years old, its high ranking for living space suggests a desirable layout. Prospective buyers should focus on the condition and age of major systems (like roof, windows, furnace, and plumbing) during an inspection, as these would be typical update considerations for a home of this age.

Q: The last sale was in late 2020. Is that relevant?
A: Yes. The sale price of $457,000 in December 2020 provides a recent anchor point for the property's market value before the significant price shifts seen in subsequent years. It helps illustrate the trajectory of the home's value over time.

Q: What is the significance of the lot size ranking?
A: Ranking in the top 19% in Winnipeg for lot size is a standout feature. It means the 6,721 sqft lot is substantially larger than most in the city, offering greater outdoor privacy, space for gardening, play, or potential expansions, which is increasingly rare in newer developments.