Property Overview: 7 Kinbrace Bay, Winnipeg
Key Characteristics & Buyer Appeal
This Rossmere-A home presents a solid, mid-century property built in 1961. Its key appeal lies in its balanced, established nature. At 1,147 sqft, the living space is modest but above average for its immediate street, offering a comfortable footprint without being oversized. The lot size of 6,251 sqft is a notable feature, ranking well above average for both the neighborhood and the city, providing generous outdoor space that is increasingly rare. With an assessed value of $333k, it sits in the middle range for the area, suggesting a manageable entry point into a stable community.
The home’s appeal is one of practicality and potential. It suits first-time buyers or downsizers looking for a manageable property with room to grow outdoors, or investors seeking a stable rental in a mature neighborhood. A thoughtful perspective is that while the house itself is average in size and value for Winnipeg, its lot represents a tangible asset—space for gardens, play, or future expansion that outperforms many city properties. It’s a home that offers more in land than in lavish square footage, appealing to those who value outdoor privacy over a large interior.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,147 sqft, the living area is larger than the average home on Kinbrace Bay itself, but is very close to the average for the wider Rossmere-A neighborhood. It offers a comfortable, typical size for the area.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is $333k. Recent sold data suggests homes on this street have sold in the $400k-$450k range. Assessments are for tax purposes and often differ from market value, which is influenced by current condition, updates, and market demand.
3. What does the lot size mean for me?
The 6,251 sqft lot is a standout feature. It’s larger than approximately 74% of similar lots in Winnipeg and 77% in Rossmere-A. This means more yard space, potential for landscaping, gardening, or outdoor living compared to many properties.
4. The home was built in 1961. What should I consider?
Being one of the newer homes on its street is a plus, but any home of this age will require a careful inspection of its major systems (roof, wiring, plumbing, foundation) and may need updates. Its era also often means simpler, functional layouts and potentially sturdy construction.
5. How can I get the exact past sale price for this property?
The provided data shows a sold price range. Due to industry regulations, exact sale figures are not published automatically on this site. You can request the exact sold price history by emailing the site directly for a manual lookup.