587 Community Row

Property Overview: 587 Community Row, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This Betsworth home is defined by its substantial, mature lot—over a third of an acre—which places it in the top tier of properties locally for outdoor space and privacy. The one-and-a-half storey home, built in 1944, offers 1,180 sqft of living space with a finished basement. Its key appeal lies in a unique combination: a very large, established yard in a city setting, coupled with a home that presents a solid, classic foundation. The property ranks exceptionally high for lot size within its community and Winnipeg overall, but is a more modest contender in terms of modern build year and assessed value.

This home would best suit a pragmatic buyer who values land over lavish interior square footage. It’s ideal for someone with gardening ambitions, who desires room for children or pets to play, or who envisions future expansions like a workshop or large deck. It’s a property for those who see potential in a well-located, character home and are prepared for the maintenance or thoughtful updates that come with an older structure. The appeal is less about move-in-ready perfection and more about securing a prized piece of land with a liveable home on it.

Frequently Asked Questions

1. What does the "one-and-a-half storey" design mean?
Typically, this indicates a home where the second level has sloped ceilings or dormers, with less full-height space than a pure two-storey. It often adds character and coziness but may have slightly less conventional square footage on the upper floor.

2. The house ranks low for "newness" but high for lot size. What's more important?
This is the core trade-off of this property. The lot size is a permanent, unchangeable asset that offers rare space and potential. The building's age requires due diligence but can be updated over time. For the right buyer, the land is the primary draw.

3. Is the finished basement included in the 1,180 sqft living area?
No, the 1,180 sqft is typically the above-ground living area. The finished basement provides additional, flexible space but is separate from that official figure.

4. The assessed value seems modest relative to the lot size. Why?
Municipal assessments often weigh living area, age, and interior condition heavily. A large lot with a smaller, older home can result in a lower assessment than a newer, larger home on a smaller lot, which may not fully reflect the market value of the land itself.

5. What should I prioritize in a home inspection for a house from 1944?
Beyond standard systems, focus on the foundation integrity, updates to wiring and plumbing, roof condition, and evidence of moisture management—key areas where older homes may need attention to ensure longevity and comfort.