7 Haddington Bay

Property Summary: 7 Haddington Bay, Winnipeg

Key Features & Ideal Buyer

This is a spacious, well-established family home in the Betsworth neighbourhood. Its primary appeal lies in offering substantial space and amenities on a large lot. Key characteristics include over 2,250 sqft of living space, a finished basement, an in-ground pool, and a generous 7,477 sqft property. Built in 1984, the home presents a solid investment in a mature area, with its assessed value ranking highly within its community and across Winnipeg.

The property suits buyers looking for a ready-made family environment with room to grow and entertain. It’s ideal for those who value private outdoor space and amenities like a pool, and who prefer a home with a proven history over a new build. A thoughtful perspective is that while the home’s age places it in the older tier on its street, it compensates with above-average size and value rankings, suggesting it is a larger, more substantial property within its immediate context. It would particularly suit a buyer not wanting to compromise on interior and yard space within the city.

Frequently Asked Questions

1. How does the age of the home (1984) impact its condition and potential costs?
While the home is well-maintained, a property of this age may require updates to systems like roofing, windows, or HVAC. The high assessment value suggests good overall condition, but a thorough inspection is recommended to plan for any modernizations.

2. What are the ongoing costs associated with the swimming pool?
Beyond initial seasonal opening and closing, owners should budget for regular maintenance, chemicals, increased water and energy usage, and eventual equipment repair or replacement. It's a valuable amenity but adds to annual household expenses.

3. The home ranks highly for size and value, but lower for newness on its street. What does this mean?
This indicates that while the home itself is one of the older houses on Haddington Bay, it is likely one of the largest and most valuable. It appeals to those prioritizing space and established landscaping over a newer construction.

4. Is the finished basement included in the 2,258 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement provides additional living area but is usually not included in that official figure, meaning the total usable space is actually greater.

5. What is the significance of the high assessment value ranking?
Ranking in the top 10% of the community and top 8% city-wide for assessed value indicates that, officially, this property is considered more valuable than the vast majority of homes. This can be a positive indicator for equity and long-term investment, though the final market price is determined by buyer demand.