3 Kinrade Place

Property Overview & Key Characteristics

This 1987-built, one-storey home in Winnipeg's Betsworth neighbourhood offers a practical layout with 1,533 sqft of living space on a generous, mature 6,850 sqft lot. Its key appeal lies in its solid relative value within the broader Winnipeg market, ranking above average for its lot size, age, and assessed value city-wide. The home features an unfinished basement and an attached garage. While its interior size is more modest within its immediate street, it presents a compelling proposition for buyers seeking a well-established area with a large outdoor space. This property would suit first-time buyers or downsizers looking for single-level living without a premium price tag, or value-oriented investors attracted by its above-average city rankings for the price point. A thoughtful perspective is that the unfinished basement, while requiring investment, offers the next owner a blank canvas to add value and customize the home to their specific needs.

Frequently Asked Questions

1. How does this home rank compared to others in Winnipeg?
The property ranks highly city-wide, surpassing approximately 82% of homes for lot size, 72% for being newer, and 75% for its assessed value, indicating it offers strong fundamentals for its price.

2. Is the basement usable in its current state?
The basement is present but unfinished. It provides valuable extra space for storage or utilities, but any finished living area would require a renovation investment.

3. What does the ranking within its own street indicate?
While strong city-wide, its rankings on Kinrade Place show a more mixed picture. It has a large lot for the street but a smaller living area, suggesting a home where the property land is a key feature relative to the house itself.

4. What type of neighbourhood is Betsworth?
As part of the broader Betsworth community, it is a mature, established neighbourhood. The high ranking for the home's age within the community (top 14%) confirms it is among the newer homes in this older area.

5. What are the immediate next steps for a new owner?
Beyond personal decor updates, the primary project would be deciding if and how to finish the basement to increase liveable space. The large lot also offers potential for gardening, landscaping, or outdoor living enhancements.