5924 Betsworth Avenue

Property Overview

This 1972-built, one-storey home on a large 7,160 sqft lot presents a solid and spacious offering in Winnipeg. Its key appeal lies in its generous land size and practical layout. With over 1,276 sqft of living space, a finished basement, and a combined attached/detached garage setup, it provides ample room for living, storage, and projects. The property shows strong relative value in its area, ranking highly for lot size and assessed value within its street and the wider city. Its appeal is grounded in space and functionality rather than modern finishes, suiting buyers looking for a long-term home with room to grow or customize. It would be a practical fit for first-time buyers seeking a manageable single-level layout, families desiring a large yard, or value-oriented investors attracted by the below-average price point for the lot size and its competitive standing in the broader market.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, ranking in the top 16% city-wide for lot size means the land is larger than 84% of properties in Winnipeg, a significant advantage.

2. Is the finished basement included in the 1,276 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional space, adding functional rooms without increasing the official living area figure.

3. What are the implications of the combined attached/detached garage?
This setup offers significant flexibility. The attached garage provides direct access and convenience, while the detached garage can be used as a workshop, extra storage, or secured parking for a separate vehicle or project.

4. The house was built in 1972. What should I be mindful of?
While the systems and structure have proven durable, a focused inspection for era-specific items is wise. This includes the age and material of the roof, the condition of original windows, the type of plumbing and electrical wiring, and ensuring insulation meets modern expectations.

5. The assessed value is $422,000. How does this relate to the listing price?
The assessed value is for municipal tax purposes and is not a market valuation. However, its high percentile ranking (top 30% in Winnipeg) indicates the city assesses its value favorably compared to most properties, which can be a useful benchmark when evaluating the listing price.