5828 Rannock Avenue

Property Overview

This 1973 two-storey home in Betsworth sits on a large, 7,446 sqft lot and offers 1,456 sqft of living space with a finished basement. Its key appeal lies in its above-average proportions and established setting. The home ranks highly within its immediate area for its lot size, living space, and assessed value, indicating it is a substantial property for the neighborhood. It would particularly suit buyers looking for a spacious yard in a mature community, who value the potential of a solid, well-sized home over brand-new condition. It's a practical choice for those seeking room to grow or garden, and who appreciate a home that already has a finished basement for extra living space.

Frequently Asked Questions

1. What is the neighborhood like?
Betsworth is a mature, established community in Winnipeg. The property's rankings show it is a larger and more valuable home than many in its immediate area, suggesting a streetscape of well-kept, older homes with varied sizes.

2. Is the basement a legal suite?
The listing specifies the basement is finished but does not indicate it is a separate, legal rental suite. Buyers should verify its configuration and legal status with their agent.

3. What does the "ranking" data mean?
The rankings compare this home to others on its street, in Betsworth, and across all Winnipeg. For example, ranking "in the top 14%" for lot size in Winnipeg means 86% of city lots are smaller, highlighting the property's standout feature.

4. What might a 53-year-old home require?
While offering great space, a home from 1973 will likely need updates to major systems like roofing, windows, or plumbing. A thorough inspection is essential to understand its condition and plan for future maintenance.

5. How does the assessed value relate to the selling price?
The municipal assessment of $440,000 is for tax purposes and is a historical snapshot. The current market will determine the final selling price, which can be higher or lower than this figure.