Property Overview

This Betsworth home presents a rare combination of space, privacy, and established character. Its primary appeal lies in its exceptionally large, half-acre lot within the city—a true luxury that offers room for gardens, recreation, and expansion. The property ranks in the top 1% of its community and all of Winnipeg for lot size. The 2,024 sqft bungalow features a finished basement and a private in-ground pool, creating a ready-made retreat. It would particularly suit buyers seeking a generous family compound, those who value outdoor living and entertaining space over a brand-new build, or anyone looking for a property with significant "land value" in a mature, established neighborhood.

Key Considerations & FAQs

While the home offers tremendous potential, its 1960 construction means prospective buyers should be prepared for the maintenance and updating typical of a home of this vintage. The rankings indicate the house itself is older than most in its immediate area, suggesting a thoughtful inspection is essential. Here are answers to some common questions:

1. What does the ranking data actually tell me?
   The rankings show this property excels in space and assessed value compared to peers. Its lot and living area are in the top 10% locally. However, the building age ranks lower, meaning the structure itself is older than many nearby homes—a factor to weigh against the premium land.

2. Is the pool a major liability?
   It can be. An in-ground pool is a fantastic amenity for the right buyer but requires dedicated seasonal maintenance, insurance considerations, and ongoing costs. It significantly enhances the lifestyle appeal but is not typically viewed as a value-add from a strict investment perspective.

3. Who would this property not suit?
   It may not suit those seeking a low-maintenance, turn-key modern home, as some updates are likely. The scale of the lot also requires more time or resources for yard upkeep than a standard city plot.

4. The lot is huge. What are the less obvious implications?
   Beyond privacy and space, a half-acre lot in the city offers unique opportunities like adding a secondary dwelling (subject to zoning), creating extensive gardens, or simply providing a buffer from street noise. It also means higher property taxes are assessed on the land value, and utilities like lawn care or snow clearing are more extensive.

5. How should I interpret the "finished basement"?
   Given the home's age, it's important to verify the quality, legality, and condition of the basement finish. Check for proper ceiling height, moisture control, egress, and permits to ensure it's a true living space and not just a partially renovated cellar.