754 Community Row

Property Summary: 754 Community Row, Winnipeg

Section 1: Overview & Appeal

This 1971-built bi-level home in Betsworth offers a practical layout with a finished basement, situated on a generous 7,197 sqft lot. Its key appeal lies in its established neighborhood setting and the value derived from its larger-than-average lot size, which ranks within the top 15% of all properties in Winnipeg for land area. The home presents a solid, no-frills foundation in a mature community.

The property would best suit first-time buyers, downsizers, or value-focused investors looking for a manageable footprint with room to grow outdoors. It’s a home for those who prioritize lot size and location over modern finishes or expansive living space, appealing to buyers comfortable with a property that has strong fundamentals but may benefit from personal updates over time. A thoughtful perspective is that while the living space is modest, the significant lot offers valuable flexibility—whether for gardening, expansion, or simply enjoying more private outdoor space than is typical in many newer subdivisions.

Section 2: Frequently Asked Questions

1. How does the "ranking" system work for this property?
The rankings compare this home against others on its street, in its community (Betsworth), and across all of Winnipeg for specific metrics like lot size, age, and assessed value. For example, its lot size ranks in the top 15% city-wide, meaning it's larger than 85% of Winnipeg properties, which is a standout feature.

2. Is the finished basement included in the 864 sqft living area?
Typically, the listed living area (864 sqft) refers to above-grade, heated space. The finished basement is an additional area that adds functional living space but is often not counted in the official square footage for listings or assessments.

3. What does the assessment value tell me about the likely selling price?
The municipal assessment of $349,000 is for tax purposes and reflects the city's valuation. It can be a general benchmark, but the actual market price is determined by current buyer demand, condition, and recent sales of comparable homes, and may be higher or lower.

4. As a 55-year-old home, what should I be prepared for?
While the rankings show it's newer than 49% of Winnipeg homes, a house of this age will likely have had some systems updated. A thorough inspection is crucial to understand the condition of major components like the roof, windows, plumbing, and electrical, and to budget for any necessary updates or maintenance.

5. The living space ranks lower than most; how does the layout function?
The bi-level design typically features a split entry, with living areas on the upper level and additional rooms in the finished lower level. This can create efficient separation of space (e.g., bedrooms on one level, recreation on another) but can feel compartmentalized compared to open-concept modern layouts. The finished basement effectively doubles the usable space.