Property Summary: 702 Community Row, Winnipeg

Key Characteristics & Appeal

This is a well-established, two-storey home in Betsworth, built in 1961 on a notably large, 10,000+ sqft lot. Its key features include a fully finished basement, a combined attached and detached garage, and 1,475 sqft of living space. The appeal lies in its generous outdoor space—a rarity offering room for gardens, play, or expansion—combined with the practicality of a move-in-ready layout and ample parking.

The home’s competitive rankings reveal its nuanced position: it stands out significantly for its large lot size (top 6% in Winnipeg) and above-average living area for its immediate area. It particularly suits buyers who prioritize private outdoor space over a brand-new build, such as growing families, hobbyists, or those seeking a established neighbourhood character. It’s a solid choice for a practical buyer who sees value in land and potential, and isn’t deterred by the maintenance or updates that can come with a home of this vintage.

Frequently Asked Questions

1. What does the "fully finished basement" include?
The listing confirms the basement is finished, but specifics on layout, ceiling height, and amenities (like a bathroom or separate entrance) are not provided. This would be a key detail to clarify with the seller or agent.

2. How does the 1961 construction year affect the home?
While the home ranks older than most in its community, this is typical for the area. Buyers should anticipate potential updates to major aging components like the roof, windows, or mechanical systems, and factor in a thorough inspection.

3. The lot is large, but how is it shaped and positioned?
A lot of this size is a major asset. Understanding its dimensions, orientation for sun exposure, and any topographical features (like slopes or mature trees) would help assess its use for recreation, gardening, or future projects.

4. Why are the assessment value rankings lower than the size rankings?
The home’s assessed value ranks lower than its physical size, which may reflect its older age, the specific finished condition, or current market assessments. It suggests the price may be more influenced by the land value and the home’s utility rather than high-end finishes.

5. What is the "combined attached and detached garage" setup?
This flexible parking/storage solution is valuable. It’s important to understand the size and condition of each garage space (e.g., single or double), and whether the detached garage has power, to fully gauge its utility for vehicles, workshops, or storage.