5596 Betsworth Avenue

Property Summary: 5596 Betsworth Avenue

Key Characteristics & Appeal

This is a spacious, well-established two-storey home built in 1983, situated on a large, approximately 8,683 sqft lot. Its key appeal lies in offering above-average space and land for its area, with a finished basement and an attached garage. The data suggests a home that stands out locally: it ranks in the top tier of its street and neighborhood for its generous 1,903 sqft living area, lot size, and overall assessed value. While 43 years old, it is notably newer than most homes on its street.

Its primary draw is for buyers seeking a established family home in a mature setting, where the property itself offers more room than many surrounding options. It suits someone who values interior space and a sizable yard over a brand-new build, and who is comfortable with a home that may require updates reflective of its era. A less obvious perspective is its strong relative rankings; it represents a property that is a high performer within its immediate community, which can be a stabilizing factor for long-term value.

Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings compare this home against others on the same street, in the wider neighborhood, and across all of Winnipeg. For example, ranking in the "top 3%" for living area on its street means 97% of houses on Betsworth Avenue are smaller. This helps illustrate how the property stands out locally.

2. Is the house outdated?
Built in 1983, the home is 43 years old. While it is newer than most on its street, buyers should anticipate features and systems consistent with its age. The condition of major components like the roof, windows, and HVAC would be key inspection points.

3. What are the advantages of such a large lot?
The nearly quarter-acre lot (8,683 sqft) offers significant outdoor space for gardening, play, or entertaining. It also provides more privacy and potential for future additions like a deck or shed, subject to local bylaws.

4. What is included in the "finished basement"?
The listing confirms a finished basement but does not specify the extent or layout. Buyers should inquire about the finish quality, ceiling height, presence of egress windows, and whether it includes a bathroom or legal secondary suite potential.

5. Why is the assessed value important?
The municipal assessment of $533,000 is used for calculating property taxes. It is an official estimate of value but often differs from market value. The fact it ranks highly suggests the city views it as a substantial property for its area, which is a useful benchmark.