50 Civic Street

Property Overview: 50 Civic Street, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established two-storey home in Betsworth sits on a generous, mature lot over 10,000 sqft—a rarity that offers ample outdoor space for gardening, play, or future expansion. Built in 1990, the 1,896 sqft residence features a finished basement and an attached garage. Its standout feature is its consistent top-tier ranking across key metrics. It places in the top quartile or better within its immediate area for lot size, living space, and assessed value, and ranks in the top 10% city-wide for assessed value. This indicates a property that is not only above average for its neighborhood but is also considered a premium holding within the wider Winnipeg market.

The appeal lies in its combination of space, established location, and proven value stability. It suits buyers looking for a move-in ready family home in a settled community, who prioritize a large private yard over a brand-new build. It would also resonate with value-conscious buyers who appreciate a home with strong fundamentals—evidenced by its high percentile rankings—that has already seen significant equity growth since its 2021 purchase.

Section 2: Frequently Asked Questions

1. What do the percentile rankings actually mean?
They show how this property compares to others. For example, "in Winnipeg超越94%的其它房屋" means its lot size is larger than 94% of all homes in the city, highlighting its exceptional outdoor space.

2. The home was just purchased in 2021. Why is it being sold again?
While the specific reason isn't listed, the 2021 purchase price was $551,000 and the current assessed value is $578,000. This suggests a period of ownership where the market value was maintained or grew, which could be a positive indicator for the next buyer.

3. Is a 1990-built home considered old?
The data provides context: this home is newer than 90% of houses in its own community and 75% across Winnipeg. It represents a solid, middle-generation build that likely avoids the major issues of much older homes while being established in a mature neighborhood.

4. There's no pool. Does that affect the value?
The high city-wide rankings for lot size and assessed value suggest the property's worth is driven by its land and living space. The lack of a pool may be seen as a positive by buyers wanting lower maintenance and the full use of that large, blank-canvas yard.

5. How does the finished basement factor into the living space?
The listed 1,896 sqft is the above-grade living area. The finished basement provides additional flexible space (for recreation, guests, or a home office) that adds functional value beyond the official square footage.