Property Overview: 6-120 Scotswood Drive, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, no-fuss home built in 1978, offering a practical and affordable entry point into Winnipeg’s Betsworth neighbourhood. Its primary appeal lies in its proven value and solid fundamentals rather than luxury features. The 937 sqft home sits on a quiet street and comes without a basement, garage, or pool, simplifying maintenance and upkeep.

The standout feature is its exceptional competitive positioning within its immediate area. The property ranks in the top 1% of its street and the top 0% of its entire community for lot size, suggesting a more generous or better-situated parcel of land than nearly all its neighbours. This is a significant, less obvious advantage that offers privacy, space, and potential. Recent sale history shows steady appreciation, with a sale price of $236,000 in September 2024, comfortably above its $188,000 assessed value.

This home would best suit first-time buyers, downsizers, or pragmatic investors seeking a straightforward, low-maintenance property in a stable community. It’s ideal for someone who values a strong relative position on the street over a large interior, and who sees the value in a home that has consistently outperformed most of the local market in key land metrics.

Frequently Asked Questions

1. What does ranking in the "top 0%" for lot size actually mean?
It means this property’s lot size is larger than 100% of compared homes in its community and across Winnipeg. Essentially, it has one of the most sizable lots in the area, which is a rare and valuable asset.

2. The home has no basement or garage. What are the implications?
This means lower utility and maintenance costs, and no risk of basement flooding. However, it reduces storage space and potential for a traditional workshop or underground shelter. Creative use of the generous lot or adding a shed could offset this.

3. The 2024 sale price is above the assessed value. Is that a concern?
Not necessarily. It indicates the market currently values the home higher than the city’s assessment for tax purposes, which is based on prior data. The steady climb from the 2021 sale price suggests strong market demand for this specific property.

4. Who might this property not be suitable for?
It may not suit buyers who need significant storage, multiple vehicles requiring covered parking, or those looking for a project home with renovation potential in a basement. It’s a move-in-ready, compact living option.

5. The interior space is below average for the community. Is that a drawback?
While the 937 sqft living area is smaller than most homes in Betsworth, this is reflected in the accessible price point. The trade-off is the exceptional lot size, offering valuable outdoor space that many larger homes in the area may not have.