761 Municipal Road

Property Summary: 761 Municipal Road, Winnipeg

Key Characteristics & Appeal

This is a well-established bi-level home on an exceptionally large, private lot in the Betsworth area. Its primary appeal lies in the rare combination of a spacious 13,458 sqft property with a private in-ground swimming pool—a coveted feature for family living and entertaining. The home itself offers a practical layout with a finished basement and a split garage. The data indicates its strongest competitive advantages are its lot size (ranking in the top 3% city-wide) and overall assessed value (top 26% city-wide), suggesting a premium property within its market area.

While the living space is modest at 950 sqft, the extensive outdoor area significantly expands its usable footprint. It would suit buyers prioritizing outdoor privacy, space for children or pets, and summer recreation over a large interior. The home’s age (built in 1971) means it may appeal to those comfortable with some updates but also offers the character and mature landscaping of an established neighborhood. It’s a property for someone who values land and lifestyle features more than sheer square footage.

Frequently Asked Questions

1. How does the home's size compare to the neighborhood?
The living area is smaller than most in the immediate area, ranking in the bottom 15% for the community. This highlights that the property's value is driven more by its land and amenities than by interior square footage.

2. What does the "finished basement" entail in a bi-level?
In a bi-level, the lower level is partially above ground. A finished basement here likely provides additional living space, such as a family room or extra bedrooms, effectively increasing the home's usable area beyond the 950 sqft main floor.

3. Is the pool a major factor in the property's value and upkeep?
Yes. A private pool is a significant premium feature in Winnipeg's climate, contributing to its high lot value ranking. Buyers should budget for seasonal maintenance, insurance considerations, and utility costs for the approximately three months of usable weather.

4. The lot is large, but how is its shape and usability?
The substantial 13,458 sqft size suggests ample backyard space beyond the pool area. This allows for diverse uses like gardening, a play structure, or a storage shed while maintaining privacy. The exact layout can be confirmed via the linked street view.

5. How should we interpret the varying rankings for age, size, and value?
The data shows a clear story: this property trades a newer, larger house (rankings for age and size are average or below) for a premier lot and location (rankings for lot size and overall value are very high). It's positioned as a land-value play in a desirable setting.