772 Municipal Road

Property Overview & Key Characteristics

This 1970-built, single-storey home sits on a substantial and private 11,862 sqft lot in Betsworth. Its primary appeal lies in the exceptional amount of land, offering a rare sense of space and potential for gardening, recreation, or expansion within the city. With 1,512 sqft of living space and a finished basement, the home provides practical, single-level living. The data suggests its strongest competitive advantages are its lot size, which ranks in the top 4% of Winnipeg, and its above-average living area. It would particularly suit buyers prioritizing land over a new build, those looking for a bungalow-style layout, or anyone seeking a property with significant outdoor space that still ranks well for size within its established neighborhood.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property to others in its immediate street, broader community, and all of Winnipeg. For example, its lot size ranks better than 96% of all Winnipeg properties, indicating an unusually large yard, while its build year is more typical for the area.

2. Is the lack of a garage a significant drawback?
For some buyers, yes. However, the large lot presents a clear opportunity to add a garage or workshop, subject to permits, which could be a worthwhile investment and customization for the right owner.

3. The home is older; what should I consider?
Built in 1970, major systems like roof, plumbing, or electrical may be at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and any needed updates, balancing the purchase price with potential renovation costs.

4. How does the finished basement affect the living space?
The finished basement adds flexible space for recreation, guests, or hobbies, effectively increasing the usable area beyond the 1,512 sqft main floor. It’s important to confirm the quality of the finish and ensure it meets your needs.

5. Why is there a difference between the assessed value and the listing price?
The government assessment ($401,000) is for tax purposes and reflects a mass appraisal from a prior date. The listing price is set by the seller based on current market conditions, perceived value, and the property's unique features like its premier lot size.