Property Overview
8 Kinbrace Bay presents as a solid, mid-century home in Winnipeg's Rossmere-A neighborhood. Built in 1960, its 1,105 sqft living space is very much in line with area averages, offering a practical layout for everyday living. The home's standout feature is its lot size of nearly 7,000 sqft, which is notably larger than most in the community and across the city, providing valuable outdoor space and potential. With a municipal assessed value of $334,000, it sits comfortably within the mid-range for its street and broader area, suggesting a stable and established value proposition.
The appeal here is one of consistency and space. It’s a home that doesn’t stand out for being exceptionally large or modern, but rather for offering reliable, average-sized interiors paired with an above-average yard in a mature neighborhood. It would suit first-time buyers or downsizers looking for a manageable home with room to garden or entertain outdoors, without the premium price tag of a newer or extensively renovated property. A thoughtful perspective is that this property represents the "bones" of the neighborhood—a classic example of its era with the added benefit of more land, offering a blank canvas for those who value outdoor potential over a move-in-ready interior.
Frequently Asked Questions
1. How does this home compare to others in the immediate area?
The home is very typical for its street and the Rossmere-A community in terms of living space, age, and assessed value. Its key advantage is the land size, which is larger than approximately 88% of comparable properties in the neighborhood.
2. What is the likely price range based on recent sales?
Available data indicates a sale occurred in August 2021 in the $350,000-$400,000 range. For the most accurate and complete historical sale data, the listing source recommends contacting them directly, as precise MLS records are not publicly displayed.
3. Is the 1960 build year a concern?
The build year is slightly newer than the average on its street but typical for the area. As with any home of this age, the condition of major systems (roof, plumbing, electrical) and any past updates will be more important than the year itself.
4. What does the assessment value mean for property taxes?
The municipal assessed value of $334,000 is used to calculate your property tax bill. It is close to the local average, so annual taxes should be reasonably in line with similar homes in Rossmere-A.
5. Are there similar homes nearby for comparison?
The listing lists several comparable properties on nearby streets like Oakland and Mcleod Avenues, with similar sizes, ages, and assessments. This provides a clear picture of the local market for homes of this type.