Property Overview: 35 Carbutt Place, Winnipeg
Key Characteristics & Appeal
This well-established two-storey home in Betsworth sits on a large, approximately 10,924 sqft lot, offering a sense of space and privacy that is increasingly rare. Built in 1986, the 1,856 sqft residence features a finished basement and an attached garage. Its standout feature is its exceptional relative value within the wider Winnipeg market, ranking in the top 5% of all properties for lot size and the top 13% for living area. The home’s appeal lies in this combination of generous indoor and outdoor space, presenting a solid, move-in-ready canvas in a mature neighbourhood.
It would suit buyers looking for a long-term family home where the land itself is a significant asset, or those seeking more room than typical newer subdivisions offer at a competitive price point. The strong rankings across the street, neighbourhood, and city suggest a property that is not only a comfortable home but also a consistently competitive holding in its market tier. It’s a pragmatic choice for someone who values established communities, space to grow or garden, and a property with proven, above-average metrics for its size and value.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property directly to others on its street, in Betsworth, and across all of Winnipeg for specific metrics like lot size and living area. For example, being in the top 5% for lot size in Winnipeg means 95% of properties have a smaller lot, highlighting a key advantage of this home.
2. Is a 1986-built home going to need major updates?
While the major systems are likely original, the age means potential buyers should budget for the eventual updating or replacement of items like the roof, windows, and HVAC, which are entering a key maintenance period. A thorough inspection is advised.
3. How does the finished basement contribute to the living space?
The finished basement adds flexible square footage that can be used for recreation, a home office, or guest space. It’s important to clarify the finish quality, ceiling height, and whether it includes a separate entrance or bathroom.
4. What are the implications of such a large lot?
The nearly quarter-acre lot offers great privacy and room for activities, gardens, or future additions like a deck or shed. Buyers should consider the ongoing maintenance (lawn care, snow clearing) and whether the property taxes reflect the premium land value.
5. Why is the assessed value a useful metric here?
The $544,000 assessment is a government valuation for taxation, not a market price. However, its high percentile ranking (top 12% in Winnipeg) is a strong, objective indicator that the property is considered a high-value asset compared to the market, which can support financing and resale value.