5912 Betsworth Avenue

Property Overview: 5912 Betsworth Avenue

Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1969, situated on a generous, nearly 8,000 sqft lot in Winnipeg. Its primary appeal lies in its established neighborhood setting and its strong performance in key metrics relative to other properties. With 1,318 sqft of living space and a finished basement, it offers practical, single-level living. The home's standout feature is its lot size, which ranks in the top 11% city-wide, providing significant outdoor space and potential in a mature area.

The property’s recent sale in late 2023 at $360,000, slightly above its current assessed value, suggests a stable and active market for homes of this type. It particularly suits first-time buyers or downsizers looking for a manageable, ground-level layout without the upkeep of a larger home. The expansive yard is a major asset for those with pets, gardening interests, or who simply value private outdoor space. A thoughtful perspective is that while the home itself is older, its above-average rankings for size and lot against city-wide comparables indicate a solid foundation and a relative scarcity value in its land component, which can be a prudent long-term investment in an established area.

Frequently Asked Questions

1. What is the significance of the property rankings?
The rankings show how this home compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, its lot size ranks in the top 11% in the city, meaning it's larger than 89% of Winnipeg properties, which is a notable advantage.

2. Is the basement included in the 1,318 sqft living area?
No, the 1,318 sqft refers to the above-ground living space. The home also features a separate, finished basement, which adds additional usable space.

3. The home was built in 1969. What should I consider?
While the structure is mature, the recent sale and stable assessment indicate a maintained property. Buyers should prioritize a thorough inspection common for homes of this era, focusing on foundational integrity, roof, and major systems, balanced against the value of its large lot and established location.

4. There's no garage. What are the parking options?
The listing does not specify a garage, so parking would typically be via a driveway or on-street. It's advisable to verify the exact parking situation during a viewing.

5. Why did it sell recently in 2023, and is that a concern?
A recent sale can indicate various personal circumstances of the previous owner and is not inherently a concern. In fact, it provides a clear, recent market price ($360,000), offering a transparent benchmark for current value.