Property Summary: 825 Community Row, Winnipeg

Key Characteristics & Appeal

This is a distinctive, well-established property in Betsworth, built in 1965. Its primary appeal lies in its exceptional land size—a sprawling 22,244 sqft lot that places it in the top 1% of all properties in Winnipeg for sheer space. The home itself is a 1,628 sqft bungalow featuring a finished basement, an in-ground pool, and an attached garage.

The appeal is multifaceted. For buyers seeking privacy, room for gardens, or space for additions, the massive lot is a rare find in the city. The presence of a pool offers immediate summer recreation and entertainment potential. The home’s rankings reveal a compelling story: while the structure itself is of average size and age for its immediate area, it sits on a premier parcel of land that significantly boosts its overall value and standing, as reflected in its assessment ranking in the top 16% city-wide.

This property would best suit buyers who value outdoor space and potential over a brand-new build. It’s ideal for families or entertainers who will utilize the pool and yard, or for visionaries who see the long-term potential in the land itself. It requires an appreciation for mid-century homes and a willingness to maintain a larger property and its amenities.

Frequently Asked Questions

1. What is the true draw of this property?
While the home is a comfortable bungalow, the overwhelming draw is the land. A lot of this size is increasingly rare within Winnipeg, offering unparalleled privacy and potential that a newer home on a standard lot cannot match.

2. Are there any concerns with the age of the home (1965)?
Prospective buyers should plan for a standard inspection focused on major aging components like the roof, foundation, and original plumbing/electrical systems. The upside is that well-built homes from this era often feature generous room sizes and solid construction.

3. What should I consider about the in-ground pool?
Beyond the enjoyment factor, consider the ongoing maintenance costs, insurance implications, and the seasonal opening/closing routine. It’s a luxury feature that adds to both the lifestyle appeal and the operational responsibility of the property.

4. How does the assessment value relate to the asking price?
The assessment ($514,000) is a municipal valuation for tax purposes and often lags behind the current market. Its high ranking indicates the city recognizes the premium value of the lot. The final sale price will be determined by current market demand for such a unique property.

5. Is the finished basement a legal suite?
The description states the basement is finished but does not indicate it is a legal secondary suite. Buyers interested in rental income should investigate the current layout and the specific requirements and costs associated with legalizing a suite, if that is a goal.