5590 Betsworth Avenue

Property Overview: 5590 Betsworth Avenue

This two-storey home, built in 1983, presents a compelling opportunity in Winnipeg. Its primary appeal lies in the combination of generous, above-average living space on a large, private lot. With over 2,300 square feet of finished living area and an 8,680 sqft lot, it offers substantial room for a growing family or those who value space. The home ranks highly within its immediate area for its size, value, and relative newness compared to neighboring properties. A fully finished basement adds significant functional space.

The property suits buyers looking for an established home in a mature neighborhood without sacrificing interior volume. It’s ideal for those who prioritize lot size for gardening, play, or future additions over having an attached garage. The strong rankings for both living area and assessed value suggest a property that stands out in its locale for what you get relative to price.

Key Considerations & FAQs

1. What is the neighborhood like? Betsworth is a mature, established community. The high ranking for lot size and living area in the area suggests the home is among the larger properties on the street, offering more privacy and space than many nearby.
2. The home has no garage. Is there potential to add one? The very large lot (over 8,600 sqft) is a significant asset here, providing ample space to potentially build a detached garage or workshop, subject to local zoning and permit approvals.
3. How does the 1983 build year affect the home? While not new, a 1983 build is newer than most homes on its street (ranking in the top 5%). Buyers should still expect components like the roof, windows, and major systems (HVAC, plumbing) to be at or entering stages of their lifecycle and budget for potential updates.
4. The assessed value is $542,000. How should I interpret this? The assessment is for municipal tax purposes and is a historical snapshot. Its high percentile ranking indicates the city views it as a top-tier property in its area for value. The market sale price will be determined by current conditions, the home's state, and buyer demand.
5. Who would this home not suit? It may not fit buyers seeking a modern, turn-key property with contemporary open-concept layouts and recent high-end finishes, or those for whom an attached garage is a daily necessity.