Property Overview
7 Carbutt Place is a spacious, well-established two-storey home in the Betsworth area of Winnipeg. Built in 1986, it sits on a large 8,210 sqft lot and offers 1,856 sqft of finished living space, including a developed basement. The home features an attached garage and no pool.
Its appeal lies in its generous proportions and established neighbourhood setting. The property ranks highly for its lot size, living area, and relative newness compared to most homes across Winnipeg, suggesting above-average space and a potentially more modern build than many in the city. It suits buyers looking for a roomy, traditional family home with a large yard, who value space over a brand-new construction. It would also appeal to those who appreciate a home that has stood the test of time in a mature community, often indicative of settled streets and developed landscaping.
A less obvious perspective is the balance it strikes: while 40 years old, it ranks as newer than most in its immediate area, potentially offering updates from its era without the premium of a recent build. The very high city-wide rankings for lot and home size indicate this property provides a level of space that is becoming rarer in newer subdivisions.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, ranking "in the top 10% in Winnipeg" for lot size means 90% of Winnipeg homes sit on smaller lots, highlighting a key advantage of this property.
2. The house was built in 1986. Should I be concerned about major repairs?
A 40-year-old home is in a phase where original major components (like the roof, windows, or furnace) may have been replaced or could be nearing the end of their service life. A thorough inspection is crucial to assess the condition and timing of these key systems, which can be both a consideration and an opportunity for future planning.
3. How does the assessed value relate to the likely selling price?
The municipal assessment of $516,000 is for tax purposes and is based on mass appraisal techniques. The market price is determined by current buyer demand, recent sales of comparable homes, and the property's specific condition. The assessment is a useful data point but not a direct predictor of sale price.
4. What are the advantages of a large, 8,210 sqft lot?
Beyond simple outdoor space, a lot of this size offers significant potential for additions like a large deck, garden, or play area, while maintaining privacy from neighbours. It also provides flexibility for future expansion of the home itself, subject to local zoning bylaws.
5. The home ranks very high for size but lower for assessed value in its area. What does this suggest?
This can indicate that the home offers excellent square footage and lot size for the price point in its neighbourhood. It may suggest the interior finishes or specific features are more traditional, presenting a value proposition for buyers who prioritize space and are willing to undertake cosmetic updates.