55 Carbutt Place

Property Overview: 55 Carbutt Place

Key Characteristics & Appeal

This is a well-established, single-storey home in Winnipeg's Betsworth area, built in 1986 on a spacious 6,602 sqft lot. Its key features include a fully finished basement, an attached garage, and 1,207 sqft of living space. The appeal here is rooted in its balance of space, location, and value. The lot size is notably generous, offering room for gardening, play, or expansion, which is increasingly rare. While the home's living area is modestly sized, the finished basement effectively doubles the usable space, making it practical for everyday living.

Its strongest suit is its "bones" and position within the broader market. The home ranks highly for its newer build year compared to most of Winnipeg and sits on a larger-than-average lot for its neighborhood. This suggests a property that has been well-maintained and offers a premium outdoor space relative to nearby homes. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space, or value-focused buyers who see potential in a home that already outperforms many of its local peers on key metrics like lot size and age.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings show how this property compares to others. For example, its lot size is bigger than 79% of all Winnipeg homes, a significant advantage. Meanwhile, its living area is about average city-wide but smaller than many in its immediate area, indicating a trade-off for the larger yard.

2. Is a 40-year-old home a concern?
While 40 years old, the home ranks as newer than 70% of Winnipeg's housing stock, meaning it's relatively young for the city. Key systems like roof, windows, and furnace may have been updated; checking their age and maintenance history would be a priority.

3. Who is the typical buyer in this area?
Betsworth attracts a mix of long-term residents and growing families, drawn by its established community feel. This specific home, being a bungalow, often appeals to those seeking single-level living or a starter home with a great yard.

4. How does the finished basement impact the value?
It adds significant functional space without increasing the official living area square footage. This means you get more usable room than the 1,207 sqft suggests, which is a practical benefit for storage, recreation, or guests.

5. The assessment is $426,000. What does that mean for the listing price?
The assessed value is for municipal tax purposes and is based on past market data. The listing price will be set by the seller based on current market conditions, recent comparable sales, and the home's specific features. It can be higher or lower than the assessment.