5631 Betsworth Avenue

Property Overview

This 1972-built, one-storey home on a large 9,302 sqft lot presents a compelling opportunity in Winnipeg. Its key appeal lies in the combination of generous outdoor space and solid, move-in-ready fundamentals. The 1,320 sqft bungalow features a finished basement and a detached garage. The property ranks highly for its lot size, living area, and assessed value within its immediate neighborhood and across Winnipeg, indicating it is a competitively sized offering for the market. Its less obvious strength is the established, mature setting suggested by its 54-year age, which often comes with larger lots and mature landscaping not found in newer subdivisions.

This home would suit first-time buyers looking for a manageable single-level layout with room to grow outdoors, or downsizers seeking a stable property without the maintenance of a two-storey. It’s also a practical choice for value-focused buyers who prioritize lot size and finished living space over a newer build year.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, ranking in the top 10% for lot size on its street means 90% of homes on Betsworth Avenue have smaller lots, highlighting this property's standout outdoor space.

2. The home was built in 1972. What should I consider?
While the build year is older, the home has a finished basement, suggesting updates have been made. A thorough inspection is recommended to assess the condition of major systems like roof, plumbing, and electrical, which may be original or have been updated over time.

3. Is a detached garage a significant drawback?
This depends on personal preference and lifestyle. A detached garage offers flexibility for a workshop or separates noise and fumes from the house, but it is less convenient in Winnipeg winters compared to an attached garage.

4. The community ranking for "newness" is lower. Is this a concern?
This reflects that the surrounding neighborhood has a mix of older homes like this one and likely some newer infill developments. It doesn't indicate a problem, but rather characterizes the area as well-established, which typically means mature trees and settled community dynamics.

5. How should I interpret the assessed value?
The municipal assessment of $403,000 is for tax purposes and is a historical snapshot. It is a useful benchmark to see how the city values the property relative to its neighbors, but the market value—what a buyer is willing to pay—can be higher or lower based on current conditions, updates, and demand.