7 Speyside Avenue

Property Overview & Appeal

This 1976-built bungalow in Winnipeg's Betsworth neighborhood offers a practical and private living arrangement on a large, 7,200+ sqft lot. Its key characteristics include a fully finished basement, a split garage, and a single-story layout. The appeal lies in its balance of space and manageability: the generous lot provides ample outdoor potential and a sense of privacy not always found in the city, while the 944 sqft main floor and finished lower level create functional living space without being overwhelming. Notably, the home ranks highly for its newer construction relative to its immediate street and boasts a lot size that places it in the top 15% citywide.

This property would suit first-time buyers or downsizers seeking a low-maintenance bungalow style with room to garden or entertain outdoors. It’s also a sensible option for an investor or handy buyer looking for a structurally sound home from the 1970s on a premium-sized lot, where value can be added through updates over time. The strong citywide ranking for lot size suggests a long-term land value play in a mature neighborhood.

Frequently Asked Questions

1. How does the age of the home affect its condition?
Built in 1976, major systems like the roof, wiring, and plumbing are likely original or have seen updates. A thorough inspection is crucial to understand the remaining lifespan of these components and to budget for potential modernizations.

2. Is the finished basement a legal suite?
The listing notes a "finished basement" but does not specify it as a legal secondary suite. Buyers interested in rental income must verify with the city if the current layout meets code requirements for a separate suite, including proper egress, ceiling height, and kitchen facilities.

3. What does the "split garage" configuration mean?
Typically, this indicates a two-car garage where the doors are separated by a wall or pillar, rather than a single, wide opening. This can offer more flexible storage or workshop space but may make parking larger vehicles slightly more restrictive.

4. The living area ranks lower than the lot size. What does this mean for me?
This indicates the house itself is more modest in size compared to others in the area, but it sits on a larger-than-average parcel. This is ideal if you prioritize outdoor space, potential for additions, or simply more distance from neighbors over a large interior footprint.

5. How should I interpret the various ranking percentages?
They show how this property compares to others in three geographic circles. For example, its lot size beats 85% of homes in Winnipeg (a high score), but its living area is smaller than 77% of city homes. This highlights the property's specific profile: a larger lot with a more compact dwelling.