10 Kinrade Place

Property Overview: 10 Kinrade Place, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained two-storey home in Betsworth offers a compelling blend of space, established character, and relative value. Built in 1987, it sits on a generous, mature lot of nearly 5,900 sqft. The key draw is its above-average 2,130 sqft of living space, which ranks within the top 10% of homes in its community, providing ample room for a growing family or those who appreciate spacious interiors. The home also features a finished basement, adding to its functional footprint.

Its appeal lies in its position as a solid, established property in a quiet neighbourhood. The data suggests it’s a home that has been competitively positioned in the market, with its last sale price in 2022 significantly outperforming neighbourhood and city averages. It suits practical buyers looking for a move-in ready home with room to grow, without the premium of a brand-new build. It would particularly resonate with those who value a larger lot for gardening or outdoor space, and who appreciate a home with a proven history of value retention in a mature area. A less obvious perspective is that for buyers wary of bidding wars in "hotter" segments, this home represents a known quantity in a stable setting, where the recent sales history provides a clear benchmark.

Section 2: Frequently Asked Questions

1. How does the 1987 build year affect the home?
While not new, the home is from an era with modern building standards. Buyers should budget for the eventual maintenance or updating of age-appropriate components like the roof, windows, or major mechanical systems, which is typical for homes of this vintage.

2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent or quality of the finish (e.g., legal suite, recreation room, or basic finishing). This is a key detail to clarify with the seller or through a viewing to understand its true functionality and value.

3. There's no garage. How is parking?
The property lacks a garage. Buyers should assess the driveway capacity and on-street parking availability to ensure it meets their needs for vehicles and storage.

4. The 2022 sale price was higher than the current assessment. What does this mean?
The current assessed value is a municipal valuation for tax purposes. The higher 2022 sale price is a strong market indicator of what a buyer was recently willing to pay, suggesting the home can command a market value above its assessment. The assessment itself, however, ranks favourably against most area homes.

5. The community rankings for "size" and "newness" seem mixed. What's the takeaway?
This highlights the neighbourhood's diversity. While this home is larger than most in Betsworth, the area also has many older, smaller homes. This means the streetscape may feature a variety of home styles and sizes, offering character but not uniformity.