5817 Rannock Avenue

Property Summary: 5817 Rannock Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, two-storey family home in Betsworth, built in 1973. Its key strength lies in its above-average living space (1,456 sq ft) and a generous, 6,009 sq ft lot, offering more room than most homes in its immediate area and across Winnipeg. The property features a finished basement and an attached garage.

The appeal is grounded in its practical size and established neighbourhood setting. It suits buyers looking for a move-in-ready, no-fuss family home with ample indoor and outdoor space, without the premium price of a newer build. The data suggests it's a solid, middle-of-the-market home that has been well-cared-for, having appreciated in value since its last sale. It would particularly suit first-time buyers stepping into a spacious property, or downsizers who still want room for guests or hobbies but prefer a manageable, single-family layout. A less obvious perspective is its potential for those who value stability; its rankings show consistent, above-average performance in size, which often translates to enduring utility and comfort over flashy updates.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
The home ranks highly for its living space, surpassing 70% of Winnipeg homes. Its lot size is also a standout feature. While its assessed value is near the city median, you are getting more physical space for the price compared to many properties.

2. What is the neighbourhood like?
Betsworth is an established, mature community. The rankings indicate the home's metrics (age, value) are very typical for this area, suggesting a stable neighbourhood without extreme highs or lows in property characteristics.

3. Has the property increased in value?
Yes. The last recorded sale was in April 2017 for $310,000. The current assessed value is $365,000, indicating market growth over that period.

4. Is the basement fully finished?
The listing confirms the basement is finished, adding to the usable living area of the home.

5. What might be a consideration with a home of this age?
Built in 1973, major components like the roof, windows, and mechanical systems (furnace, water heater) may be at or beyond their typical service life. A thorough inspection is recommended to understand the condition and potential future investments required.