3 Vance Place

Property Overview

This 1989 two-storey home in Betsworth offers a well-established and spacious family living environment on a large, private lot. Its key appeal lies in the combination of generous indoor and outdoor space, with a finished basement adding valuable functional square footage. The property ranks highly across Winnipeg for its lot size, living area, and assessed value, indicating a home that stands out in terms of scale and municipal valuation within the broader market. It would particularly suit buyers looking for a move-in ready, traditional two-storey layout with room to grow, who value a quiet street setting and a yard that offers both space and privacy. A less obvious point of appeal is its age; at 37 years old, major systems and components may have been updated, offering a balance between established neighbourhood character and modernized living.

Frequently Asked Questions

1. How does the finished basement affect the living space?
The finished basement adds flexible space to the 1,901 sqft main living area, ideal for a recreation room, home office, or guest space. It’s a significant functional upgrade over an unfinished cellar.

2. What do the high city-wide rankings actually mean?
Rankings in the top 10-12% city-wide for lot size and living area confirm this is a physically larger property than most in Winnipeg. The top 8% ranking for assessed value suggests the city appraises it significantly higher than the vast majority of homes, which can be a factor in financing and property taxes.

3. Is the home older or newer for the neighbourhood?
Built in 1989, this home is newer than 89% of properties in the Betsworth community, placing it in the top tier for modern construction within the area.

4. What is the significance of a split garage?
A split garage (often a double garage separated by a wall) provides practical benefits like containing noise, smells, or workshop debris to one side, or allowing for separate storage zones. It’s a feature often appreciated by hobbyists or families with multiple vehicle types.

5. Are there any immediate red flags from this data?
The data shows the living area is the largest on its specific street (ranking 7 out of 7), but it ranks lower on the street for lot size and value. This could suggest the home's footprint utilizes more of its lot compared to neighbours, or that other homes on the street have other premium features. It’s a point to visually confirm during a viewing.