Property Overview
15 Vance Place is a spacious, well-established two-storey home in Betsworth, built in 1989. Its key appeal lies in its generous proportions and mature setting. With over 2,000 square feet of living space, a fully finished basement, and a large lot spanning approximately 6,750 square feet, it offers ample room for a growing family. The home’s rankings against local comparables highlight its strengths: it sits in the top 19% of Winnipeg for lot size and the top 9% for living area, indicating a property that is both larger and more spacious than most in the city. Its assessed value of $563,000 also places it well above average for the area.
This home would best suit buyers looking for a move-in ready property with established character in a mature neighbourhood, prioritizing indoor and outdoor space over a brand-new build. It’s a practical choice for those who want room to grow without the maintenance of a massive yard, but who still appreciate a generous lot. The strong city-wide rankings suggest a solid long-term investment in a property that already stands out from the crowd in key metrics.
Frequently Asked Questions
1. How does the age of the home (built 1989) affect maintenance?
While not a new build, a 1989 home typically incorporates modern wiring and plumbing standards. Buyers should expect standard upkeep for a home of this age, such as monitoring the roof, windows, and major mechanical systems, but it avoids the potential issues of much older heritage properties.
2. The lot is large, but how is the ranking calculated?
The "top 19% in Winnipeg" ranking means the lot size is larger than 81% of all residential properties in the city. This is a significant advantage, offering more privacy, space for gardening or play, and future potential than a typical suburban lot.
3. What do the area rankings really tell me?
The rankings show the home is more spacious and valuable than most in Winnipeg, but more average within its immediate street and community. This suggests you're getting a above-city-average property in a well-established, neighbourhood where values are consistent.
4. Is the finished basement included in the 2,022 sqft living area?
Typically, living area (or above-grade square footage) does not include basement space, even if finished. The 2,022 sqft likely refers to the main and upper floors. The finished basement is a valuable bonus space for recreation, guests, or storage.
5. The home ranks highly for size and value, but lower for age on its street. What does that mean?
On Vance Place, it appears there are a couple of newer homes (ranking in the top 29% for age). This indicates a street with a mix of eras, where this home represents the more established, spacious end of the spectrum rather than the newest.