Property Overview: 14 Kinrade Place, Winnipeg
Key Characteristics & Appeal
This two-storey home in Betsworth offers a practical blend of space and established comfort. Built in 1988, it sits on a generous 6,482 sqft lot and provides over 2,000 sqft of living space, including a finished basement. Its appeal lies in its above-average roominess—it ranks within the top 15% of homes in its community and the top 10% citywide for size. While it lacks a garage or pool, it represents a solid, turnkey property in a mature neighbourhood.
The home’s competitive positioning is nuanced. It ranks highly for its relative newness within its immediate street and community, suggesting it may be among the more updated homes in the area. However, its assessed value ranks slightly lower than its size ranking locally, which could indicate perceived value or an opportunity for a buyer. This property would suit a buyer looking for move-in-ready space without the premium of a brand-new build, perhaps a growing family or someone seeking a comfortable, long-term home in a settled area. It’s for those who prioritize interior space and a large yard over features like a garage.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this home against others on its street, in Betsworth, and across all of Winnipeg. For example, ranking in the top 23% citywide for lot size means 77% of Winnipeg properties have smaller lots. It’s a quick way to gauge how specific features stack up.
2. Is the lack of a garage a significant drawback?
This depends on your needs. For some, it’s a major inconvenience. For others, the large lot could allow for adding a shed or future garage, presenting a customization opportunity not always available on smaller properties.
3. The home is 38 years old. What should I consider?
While ranked as newer than most on its street, a home of this age will have systems (roof, furnace, windows) that are likely at mid-life or require updating. A thorough inspection is essential to understand the condition and any upcoming capital costs.
4. How does the assessment value relate to the asking price?
The municipal assessment of $554,000 is for tax purposes and is not a market valuation. Its ranking shows it’s assessed higher than 89% of Winnipeg homes, but the actual sale price will be determined by current market conditions, the home’s specific state, and buyer demand.
5. What is the neighbourhood like?
Betsworth is a mature, established community. The high rankings for lot and home size within the area suggest it’s a neighbourhood of spacious, well-settled properties, offering privacy and room to grow compared to newer, denser subdivisions.