546 Community Row

Property Overview

This 1967-built, one-storey home on a large, 10,903 sqft lot in Betsworth offers a classic and spacious footprint. Its key appeal lies in the established, mature setting and the significant outdoor space—a rarity that provides room for gardening, play, or expansion. The home features a finished basement and a split garage, adding functional living and storage areas. With a living area of 1,205 sqft, it ranks above average for size within its immediate street and neighborhood.

The property would suit buyers looking for a solid, no-frills home in a quiet area who prioritize land size over a modern build. It’s a practical choice for those wanting room to breathe without moving to the rural fringe, or for someone with a vision to update a home over time on a valuable lot. Its rankings suggest it’s a competitively sized property in a desirable location city-wide, though the home itself is of an older vintage.

Key Questions for Consideration

1. What does the "finished basement" entail? Given the home's age, it's important to clarify the finish level, ceiling height, and if any recent updates have been made to plumbing, electrical, or moisture-proofing in the lower level.
2. How does the large lot impact costs? A lot of this size can mean higher seasonal maintenance (like lawn care and snow clearing) and potentially higher property taxes relative to houses on standard lots.
3. Why is the city-wide value ranking significantly higher than the neighborhood ranking? The home ranks in the top 5% for lot size across Winnipeg but only in the top 27% for assessed value within its own community. This may indicate the lot itself is a major asset, while the house presents an opportunity for value growth through updates.
4. What is the condition of major aging components? As a home built in 1967, the roof, windows, original plumbing, and electrical systems are likely at or beyond their typical service life and should be carefully inspected.
5. How does the 2018 sale price relate to the current assessment? The home sold for $310,000 in 2018 and is now assessed at $371,000. Understanding the market changes and any improvements made in that period will help gauge current value.