Property Overview: 62 Civic Street, Winnipeg

Key Characteristics & Appeal

This 1988-built, two-storey home sits on a large, approximately 10,000 sqft lot in Betsworth. With over 2,000 sqft of living space, it offers more room than the vast majority of Winnipeg homes. Its key features include an unfinished basement, providing a blank canvas for future expansion, and an attached garage. The property’s broad appeal lies in its established neighbourhood setting combined with generous proportions. Its rankings indicate it is a notably spacious home within its local context and holds a strong position in terms of lot size and living area city-wide.

This home would suit buyers looking for a property with room to grow, both inside and out. It’s ideal for a family that values space over a brand-new build, or for a handy buyer who sees potential in customizing an unfinished basement to their exact needs. The large lot is a significant asset for those who enjoy gardening, outdoor living, or simply desire extra privacy and room. From a value perspective, it represents a solid, established property in a mature area, likely appealing to those seeking a long-term home with proven space and a manageable renovation project in the basement.

Frequently Asked Questions

1. What is the true significance of the property’s ranking data?
The rankings show how this home compares to others nearby and across Winnipeg. For example, being newer than 73% of Winnipeg homes suggests it’s a relatively modern structure in the city’s housing stock, while its living area ranking in the top 9% city-wide objectively confirms it as a very spacious property.

2. What are the implications of having an unfinished basement?
This offers both opportunity and a project. It allows for customization (e.g., a legal suite, recreation room, or dedicated workshop) without needing to undo previous work. Buyers should budget for finishing costs and ensure their plans comply with local building codes.

3. Does the high lot size ranking mean the yard is unusually large?
Yes. At over 10,000 sqft, the lot is substantially larger than the typical Winnipeg property. This allows for potential additions like a shed, extensive landscaping, or a large deck, but also means higher maintenance or landscaping responsibilities.

4. How should I interpret the assessment value in today’s market?
The municipal assessment is for tax purposes and may not reflect current market value. It is a useful benchmark showing the home is valued above average for the area, but a buyer should rely on a comparative market analysis from their agent for pricing.

5. What is the likely character of a neighbourhood with homes from this era?
Built in the late 1980s, the area is well-established with mature trees and settled infrastructure. Homes are often varied in style but of a similar vintage, suggesting a stable, family-oriented community where the major development phase is long complete.