11 Kinrade Place

Property Summary: 11 Kinrade Place

Key Characteristics & Appeal

This is a spacious, well-established two-storey home in the Betsworth area, built in 1987. It sits on a large, approximately 5,900 sqft lot, offering ample outdoor space. With nearly 1,900 sqft of living space, a finished basement, and an attached garage, it provides practical family-sized accommodation. The home's appeal lies in its solid foundation and generous proportions, representing a classic suburban layout with room to grow or personalize.

The data suggests a property that balances space and value within its broader context. While its size ranks highly across Winnipeg, it presents as a more attainable option within its own immediate neighborhood and street. This creates a unique position: you get a home that is larger than most in the city, without necessarily paying the premium of the very top-tier streets nearby. It would particularly suit buyers looking for a value-conscious entry into a mature community—those who prioritize square footage and lot size over a brand-new build, and who see potential in a home that is well-maintained but may benefit from personal updates over time. The strong resale value demonstrated in its 2022 transaction is a reassuring point for future marketability.

Frequently Asked Questions

1. How does this home compare to others on the street and in the neighborhood?
The data indicates it offers more living space than about 80% of homes on its street and 83% in Betsworth, making it one of the larger homes in the immediate area. However, its assessed value is around the median for the street, suggesting it may offer more square footage per dollar compared to some neighbors.

2. What is the significance of the lot size?
At nearly 5,900 sqft, the lot is a major asset. It provides significant private outdoor space for gardening, play, or entertaining, and is larger than many newer subdivision lots. This is a key feature that cannot be easily added later.

3. The home was built in 1987. What should I consider regarding its age?
Homes from this era often have well-understood construction methods and settled foundations. Prospective buyers should pay attention to the natural lifespan of major components like the roof, windows, and HVAC systems, which may be due for inspection, maintenance, or replacement.

4. The home sold for above its current assessed value in 2022. What does this mean?
The 2022 sale price provides a recent, concrete market benchmark. It shows strong buyer demand at that time. The current assessed value is for municipal tax purposes; the market value will be determined by current conditions, buyer competition, and the home's present state.

5. What is the community of Betsworth like?
Betsworth is a mature, established neighborhood in Winnipeg. Residents typically benefit from developed tree canopies, settled community amenities, and convenient access to major routes. The neighborhood ranking suggests it is a broadly popular and competitive area for homebuyers.