519 Municipal Road

Property Overview & Key Characteristics

This 1972-built, single-story home in Betsworth offers a practical and spacious layout on a large, 7,455 sqft lot. Its key appeal lies in its established, quiet setting combined with solid relative rankings across Winnipeg. The home boasts a finished basement and a split garage, providing flexible living and storage space. The data suggests it is a competitively sized property, ranking in the top third of Winnipeg homes for living area and overall value assessment.

It would particularly suit buyers looking for a move-in ready, no-frills family home or a long-term residence with room to grow. The large lot is a significant asset for those who value outdoor space for gardening, play, or future expansion. Its strong city-wide rankings for size and value indicate a property that offers more space than the majority of Winnipeg homes, making it a sensible choice for buyers prioritizing square footage and lot size over a newer build date.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area and across Winnipeg. For example, ranking in the "top 14%" for land size in Winnipeg means 86% of city properties have smaller lots, highlighting this home's above-average outdoor space.

2. The house was built in 1972. What should I consider?
While the build date ranks newer than half of Winnipeg's homes, a house from this era will likely have original or aging core components. A thorough inspection of the roof, windows, electrical, and plumbing systems is essential to understand future maintenance needs or updates.

3. The community ranking for "newness" is lower. Is this a concern?
Not necessarily. It simply means over half the homes in the Betsworth community are newer. This can be positive, indicating a stable, established neighbourhood where properties have been consistently maintained and updated over decades.

4. How does the assessed value relate to the asking price?
The municipal assessment of $402,000 is a benchmark for property taxes, not a market price. It indicates the home is valued in the top 34% of Winnipeg properties. The final sale price will be determined by current market conditions, the home's specific condition, and buyer demand.

5. What are the advantages of a split garage?
A split garage (typically two separate single doors) offers more flexibility than a single double-door garage. It allows for separate workshop or storage areas, can make parking easier, and may provide more wall space for shelving and organization.