Property Summary: 6 Kinrade Place
Section 1: Key Characteristics & Appeal
This 1987-built, two-storey home in Betsworth sits on a spacious 6,489 sqft lot. With 1,970 sqft of living space, a finished basement, and an attached garage, it offers solid, functional space for family living. The home's appeal lies in its established neighbourhood setting and its strong performance in key metrics relative to the wider Winnipeg market. It ranks within the top 10-15% of all city homes for both living area and assessed value, indicating it is a larger and more valuable property than most. While it's an older home, its 1987 build date is newer than 72% of Winnipeg's housing stock.
This property would suit buyers looking for a well-sized family home in a mature area, who prioritize space and lot size over a brand-new build. It's a practical choice for someone who sees value in a home that stands out in terms of square footage and municipal assessment compared to its peers, and who is comfortable with a property that may require updates reflective of its age.
Section 2: Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others. For example, ranking "better than 90% of Winnipeg homes" for living area means only 10% of houses in the city are larger. It's a quick way to see the home's relative size, value, and age.
2. The 2019 sale price seems low compared to the current assessment. Why?
The 2022 assessment of $553,000 reflects the market value estimate as of that base date, which saw significant market increases. The 2019 sale at $444,000 is a historical data point showing what it sold for in a different market climate.
3. Are there any obvious concerns with a house built in 1987?
While newer than most Winnipeg homes, a 39-year-old house will likely have had several major components, like the roof, windows, or furnace, replaced or nearing the end of their service life. A thorough inspection is key to understanding the current condition of these elements.
4. The lot is large, but what about the house's layout?
The listing confirms generous square footage. However, the specific room sizes, flow, and whether the finished basement includes legal bedrooms or just recreational space are important details to clarify, as they impact daily living and potential value.
5. It ranks lower within its own street. Should I be worried?
Not necessarily. It ranks in the top 70% on its street for size and value, meaning it's not the smallest or least valuable property there. The street may simply consist of very similar, desirable homes. It's more telling that it ranks highly against the entire city, suggesting a good overall location.