809 Community Row

Property Overview & Key Characteristics

This Betsworth home presents a compelling opportunity centered on its exceptional land. Situated on a half-acre lot (22,248 sqft), the property ranks in the top 1% for land size across Winnipeg, offering rare, expansive outdoor space in the city. The house itself is a modest 960 sqft, one-storey bungalow from 1963 with a finished basement and a detached garage. Its appeal lies in the significant value of the land itself—a blank canvas for gardening, recreation, or future expansion—paired with a functional, move-in-ready home. It particularly suits value-driven buyers, downsizers seeking single-level living with ample yard space, or long-term investors who recognize the intrinsic worth of a large urban lot. A thoughtful perspective is that while the home's size and age rank lower in its immediate area, the lot size is a dominant, appreciating asset that is increasingly difficult to find, making this a property where the true value is underfoot.

Frequently Asked Questions

1. How does the large lot impact costs and maintenance?
While offering great potential, a lot of this size requires more time and investment for landscaping, lawn care, and snow clearing compared to a standard city lot. Utility costs for watering or maintaining the grounds should be factored in.

2. Is there potential to expand or rebuild the existing house?
Given the generous lot size, there is clear potential for additions or even future redevelopment, subject to local zoning bylaws and building permits. The current modest footprint leaves ample room to explore such options.

3. The home's size ranks below average; is it cramped?
At 960 sqft plus a finished basement, the living space is efficient. It is well-suited for individuals, couples, or small families who prioritize vast outdoor space over a large interior footprint.

4. Why did the assessed value rise significantly since the 2023 purchase?
The current assessment of $395,000, higher than the 2023 sale price of $355,000, likely reflects strong market appreciation and, crucially, the high value assigned to its uniquely large land parcel.

5. What is the neighbourhood like, given the property's strong community ranking?
Ranking in the top 2% for lot size within its community indicates Betsworth is an established area with substantial properties. This suggests a stable, desirable neighbourhood character, which is a key contributor to the property's long-term value.