5885 Betsworth Avenue

Property Overview

This 1983 bi-level home at 5885 Betsworth Avenue presents a compelling blend of space, value, and established community living. Its primary appeal lies in its generous 7,504 sqft lot—a significant asset that ranks within the top 13% of all properties in Winnipeg for size. The home itself offers 1,029 sqft of living space with a finished basement, providing flexible layout options. A key, less obvious strength is the home's relative newness for its neighbourhood; built in 1983, it is newer than 95% of houses on its street, suggesting potentially fewer concerns with aging core systems compared to immediate neighbours.

The property suits first-time buyers or downsizers seeking a manageable home with ample outdoor space for gardening or recreation. It also appeals to value-conscious buyers looking for a foothold in a mature area, where the large lot offers future potential. The rankings indicate a property that outperforms most of the city in lot size and building age, but offers a modestly-sized interior, making it ideal for those who prioritize land over square footage.

Frequently Asked Questions

1. What does the "bi-level" design mean for daily living?
A bi-level typically features a short flight of stairs to the main living area (often containing the kitchen, living room, and dining room) and another short flight down to the basement level. This design can offer good separation between living and sleeping areas, with the finished basement likely housing additional bedrooms or a family room.

2. How significant is the lot size, really?
At over 7,500 sqft, the lot is substantially larger than the Winnipeg average. This isn't just about a bigger yard; it provides privacy, space for additions like a shed or deck, and is a long-term value driver that is increasingly rare in mature neighbourhoods.

3. The home ranks lower for interior size. Is it too small?
At just over 1,000 sqft of living space, the interior is modest. However, the finished basement effectively doubles the usable area. This setup is efficient for smaller households and can be very cost-effective to heat and maintain.

4. The assessment value is $399,000. Is that the sale price?
No. The assessed value is used for calculating municipal property taxes. The sale price is set by the seller based on the current market and can be higher or lower than the assessment.

5. The community rankings for size and value are mid-range. What does that indicate?
This suggests the property is very typical for its immediate neighbourhood in terms of interior space and assessed value. The standout features are its larger-than-average lot and newer construction relative to the street, offering a balanced proposition within a well-established area.