322 Scotswood Drive S

Property Overview & Appeal

This 1985-built bungalow at 322 Scotswood Drive S offers a practical and comfortable living space in the Betsworth area of Winnipeg. Its key characteristic is its solid, established presence on a generous 6,302 sqft lot, providing ample outdoor space. The home features 1,410 sqft of living space, a finished basement, and an attached garage. Its appeal lies in its above-average rankings for lot size, assessed value, and recent sale price compared to most of Winnipeg, suggesting a property that holds its worth in the broader market. It particularly suits first-time buyers or downsizers looking for a manageable single-story layout without sacrificing yard space, and value-oriented buyers who appreciate a home that has demonstrated strong market performance relative to its age. A thoughtful perspective is that while it ranks newer than many homes in its immediate area, its 41-year age means buyers should be prepared for the potential updating of original components, balancing its established character with modern expectations.

Frequently Asked Questions

1. How does this home truly compare to others in the neighborhood?
The data shows it outperforms most homes in Winnipeg for value and size, but is more average within its specific community and street. This suggests you're getting a property that is competitive city-wide, while fitting comfortably into the local streetscape without being an outlier.

2. What does the finished basement include?
The listing confirms the basement is finished but does not specify the rooms or layout. This would be a key detail to clarify with the seller or agent to understand the full usable living space.

3. The home sold for significantly above its assessed value in 2022. What does that mean now?
The 2022 sale price of $526,000, well above the current $495,000 assessment, reflects the hot market conditions of that time. The current assessment is likely closer to a municipal valuation for tax purposes, and the eventual sale price will be determined by today's market.

4. Are there any concerns with a home built in 1985?
Homes of this era are generally well-built but may have original features like windows, roofing, or mechanical systems (furnace, water heater) nearing or exceeding their typical lifespans. A thorough inspection is advised to gauge their condition.

5. What is the benefit of the lot size ranking?
Ranking in the top 25% in Winnipeg for lot size (6,302 sqft) means you have more private outdoor space than most city properties. This is a valuable, permanent asset for gardening, recreation, or future additions, and is a key contributor to the property's assessed value.