87 The Bridle Path

Property Overview: 87 The Bridle Path, Betsworth, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established two-storey home on a generous 5,176 sqft lot offers a balanced and practical living proposition in the Betsworth neighbourhood. Built in 1981, its key features include 1,656 sqft of living space, a finished basement, and an attached garage. The home’s appeal lies in its established setting and solid fundamentals. It sits on a quiet street with a lot size that provides ample outdoor space, a notable advantage in many modern subdivisions. The finished basement adds valuable flexible space for recreation, a home office, or guests.

The property’s competitive rankings are insightful: while its overall size is above average for Winnipeg, it’s the home’s relative newness compared to its immediate neighbours that stands out, ranking newer than 86% of houses on its street. This suggests a well-maintained home in a mature area. It would suit first-time buyers or downsizers looking for a move-in-ready, low-maintenance property without the premium of a brand-new build, or investors seeking a stable rental in a settled community. It offers a pragmatic blend of space, location, and value without being the largest or most expensive home on the block.

Section 2: Frequently Asked Questions

1. What is the significance of the property’s various rankings?
The rankings compare this home to others on its street, in Betsworth, and across all of Winnipeg for metrics like size, age, and assessed value. For example, ranking newer than 86% of houses on its street indicates it is among the more recently built homes in that specific area, which can be a positive sign for overall condition.

2. Is the finished basement included in the 1,656 sqft living area?
Typically, the listed living area (sqft) refers to above-grade space. The finished basement is an additional area that adds functional square footage but is often not counted in the official living area figure.

3. What does the assessed value tell me about the asking price?
The municipal assessment of $452,000 is used for calculating property taxes and may not reflect the current market value or listing price. It is a useful benchmark but should be considered alongside recent sales of comparable homes.

4. What are the advantages of a home from this era (1981)?
Homes from the early 1980s often benefit from modernized wiring and standards compared to much older stock, while typically being situated on larger lots than many newer builds. They represent a period of solid construction before some of the cost-cutting measures of later decades.

5. The home ranks in the top 51% for size in Winnipeg but only the top 71% in its own community. What does this indicate?
This suggests that the Betsworth neighbourhood generally features homes with larger square footage than the Winnipeg average. Therefore, while this home offers good space overall, buyers should be aware that larger properties are common in this specific area.