5622 Betsworth Avenue

Property Overview & Key Characteristics

This 1969-built, one-storey home on Betsworth Avenue presents a classic and practical living opportunity. Its primary appeal lies in a combination of generous outdoor space and solid, functional living areas. The nearly 10,000 sqft lot is a standout feature, offering exceptional room for gardening, play, or future expansion, and ranks within the top 3% for size on its street. The 1,196 sqft living space includes a finished basement, adding valuable flexible area for recreation, a home office, or guest space. With a detached garage and a layout typical of its era, the home is move-in ready for those comfortable with mid-century design.

The property’s competitive rankings are noteworthy. It scores highly for its lot size and overall assessed value within Winnipeg, indicating a strong fundamental asset. However, its age and interior square footage are more average for the broader community, suggesting the appeal is weighted more toward land value and location than modern size or finishes. This home would suit first-time buyers or downsizers looking for a manageable single-level layout with a premium-sized yard in an established neighborhood. It’s also a sensible option for a long-term holder who values land and sees potential in the existing structure, whether for gradual updates or future redevelopment.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings show how this property compares to others in specific categories. For example, its lot size is in the top 7% city-wide, a major advantage. Its age is older than most in the local community, which is typical for the area, while its living space and assessed value are competitively positioned above the median for Winnipeg.

2. Is the finished basement included in the 1,196 sqft living area?
Typically, the main living area (1,196 sqft) and the finished basement are listed separately. The 1,196 sqft refers to the above-ground footprint of the house. The finished basement provides additional, bonus space that adds to the home’s total usable area.

3. What are the implications of a 1969 build year?
Homes from this period often feature sturdy construction and straightforward layouts. Buyers should budget for age-related maintenance or updates, particularly to systems like plumbing, electrical, or the roof, while appreciating the character and mature landscaping that come with an established property.

4. Who would this property NOT be ideal for?
It may not suit buyers seeking a modern, open-concept layout without renovation work, or those who prioritize a brand-new home with all contemporary finishes. The interior space, while adequate, is also not as large as some newer builds, so those needing extensive room to grow a family might find it limiting.

5. How significant is the lot size, really?
A 9,770 sqft lot is substantially larger than many standard urban parcels. This isn't just about a big backyard; it offers rare potential for additions like a large deck, workshop, or even a future secondary suite (subject to zoning), providing both lifestyle flexibility and long-term value that smaller lots cannot match.