5868 Betsworth Avenue

Property Overview

This 1990-built bungalow on a large 6,597 sqft lot presents a solid, move-in-ready home with notable advantages in its specific metrics. Its appeal lies in offering above-average space and a modern build year for its area, all at a value-oriented price point according to municipal assessment. The 1,384 sqft finished living area, combined with a developed basement, provides practical single-level living with ample room for a family or for hosting. The home ranks highly within its immediate street for lot size, newness, and assessed value, suggesting it is a comparatively premium property on its block. It would suit first-time buyers or downsizers looking for a manageable bungalow layout without sacrificing space, as well as value-conscious buyers who appreciate a home that stands out positively against its direct neighbors in key categories.

Key Details & FAQs

Key Characteristics & Appeal:

• Layout & Space: A one-storey bungalow with a fully developed basement, offering the convenience of single-level living and expanded usable space.
• Lot & Location: The property sits on a sizable lot, larger than most on its street, providing good outdoor space. Its build year (1990) is notably newer than the vast majority of homes in the immediate vicinity and wider community.
• Value Position: The home's assessed value ranks highly on its street and in Winnipeg, indicating it is considered a substantial property for its area. It offers a balance of modern construction relative to the neighborhood and more interior space than many comparable Winnipeg homes.
• Ideal Buyer: This home is well-suited for those seeking a low-maintenance bungalow style with a modern foundation, or buyers looking for a property that offers strong fundamentals (size, age, value) compared to its direct neighbors.

Frequently Asked Questions:

1. How does the "ranking" system work?
The rankings compare this home against others on the same street, in the same community, and across all of Winnipeg for specific metrics (like lot size or build year). For example, ranking in the "top 3%" for build year on its street means it is newer than 97% of the homes on Betsworth Avenue.

2. What does the lot size mean for me?
At 6,597 sqft, the lot is larger than average for the street. This could allow more room for gardening, play, or outdoor entertaining, and may offer more potential for future additions or sheds, subject to city bylaws.

3. The home is noted as newer than most on the street. Why is that significant?
A 1990 build date suggests potentially newer major systems (like plumbing, electrical, and insulation) compared to much older homes, which can mean fewer immediate updates and possibly better energy efficiency. It indicates a more modern construction standard for the area.

4. Is the basement included in the 1,384 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The 1,384 sqft is likely the main floor area. The basement is listed separately as "developed," meaning it is finished into living space, which adds significant functional room to the home's total usable footprint.

5. What might the high assessment value ranking imply?
Ranking highly for assessed value on its street and in the city suggests the municipality views this property as one of the more valuable in its peer group. This can reflect its combination of size, condition, and lot, but it is not a direct indicator of market selling price.