3 Carbutt Place

Property Overview: 3 Carbutt Place, Winnipeg

Key Features & Ideal Buyer

This 1986 four-level split home in Betsworth sits on a large, approximately 8,800 sqft lot, offering more space than most properties in Winnipeg. Its key characteristics include 1,650 sqft of living space, a finished basement, and an attached garage. The home’s primary appeal lies in its balanced offering of space, established neighbourhood charm, and relative value. It ranks highly for its lot size, newer build year (for its area), and living space compared to most of the city.

It would particularly suit buyers looking for a family home with ample outdoor space in a mature community, or value-oriented purchasers seeking a property with strong fundamentals over flashy updates. A thoughtful perspective is that this home represents a "blank canvas" in a well-sized setting—it allows new owners to tailor renovations to their taste while starting with a solid, above-average footprint in both land and living area. Its strong city-wide rankings suggest it’s a competitively positioned asset for its price point, appealing to those who prioritize long-term equity and space over a move-in-perfect finish.

Frequently Asked Questions

1. How does the 1986 build year affect the home?
While 40 years old, the home is newer than 70% of Winnipeg houses, suggesting it may have more modern construction basics than many in the market. Buyers should still budget for updates to major aging components like the roof, windows, or HVAC systems, which are common for homes of this era.

2. What do the ranking percentages actually mean?
They show how this property compares to others. For example, ranking in the "top 9%" for lot size in Winnipeg means 91% of city homes have smaller lots. This is a key indicator of the property’s relative strengths in space, age, and value within its immediate area and the broader market.

3. Is the finished basement included in the 1,650 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, providing extra functional space not reflected in the main square footage figure.

4. The 2017 sale price was $365,000, but the current assessment is $490,000. Why the difference?
The assessment is an estimate of market value for taxation purposes, not a sale price. The increase since 2017 reflects general market appreciation. The actual list or sale price will be determined by current market conditions.

5. What are the pros and cons of a four-level split design?
Pros include defined separation of living spaces (e.g., sleeping areas often on a different level from living rooms) and architectural interest. Cons can involve more stairs to navigate, which may not suit everyone, and sometimes smaller, segmented rooms compared to an open-concept layout.