4 Horseshoe Bay

Property Summary: 4 Horseshoe Bay, Winnipeg

Key Characteristics & Appeal

This is a well-established, single-storey home in the Betsworth neighborhood, built in 1983. Its key characteristics include a fully finished basement, a split garage, and a generous 5,008 sqft lot. With 1,088 sqft of living space, it offers a practical layout for downsizers, first-time buyers, or those seeking a manageable footprint without sacrificing yard space.

The appeal lies in its position as a solid, no-fuss property in a mature community. The data reveals thoughtful perspectives: while the home's size and assessed value rank in the middle-to-lower tiers for the wider city, it stands out on its specific street for its newer construction age (ranking in the top 14% on the street), suggesting it may be one of the more modern homes in that immediate area. This creates a unique value proposition—a relatively updated home on a quiet street with a large lot. It would suit buyers looking for affordability and space in a settled area, who prioritize a low-maintenance house with a finished basement for extra living space, and who value a larger outdoor area over a larger interior.

Frequently Asked Questions

1. What does the ranking data actually mean for a buyer?
The rankings compare this home against others on its street, in Betsworth, and across all Winnipeg. For example, its construction year is newer than 86% of homes on its street, a positive sign. However, its living space is smaller than most in the immediate area, indicating a cozier home but potentially a more private lot.

2. Is the finished basement included in the 1,088 sqft living area?
No, typically the listed "living area" (1,088 sqft) refers to above-grade square footage. The fully finished basement is an additional area, adding significant functional space to the property.

3. What are the implications of a "split garage"?
A split garage is typically a two-car garage divided by a wall or column, creating two separate single bays. It offers more flexibility than a single large door but may feel tighter for larger vehicles or workshop space compared to a full double garage.

4. The assessed value is $378,000. Will the selling price be similar?
Assessed value is for municipal tax purposes and is not a direct indicator of market value. The selling price is determined by current market conditions, buyer demand, and the property's specific appeal.

5. As a home from 1983, what major systems might need attention?
While the newer construction age for the street is a plus, a 40-year-old home may have original or aging major components. A thorough inspection should review the roof, windows, HVAC system, and plumbing to assess their remaining lifespan.