6012 Rannock Avenue

Property Overview

This 1974-built, three-level split home at 6012 Rannock Avenue offers a practical layout on a spacious, 8,051 sqft lot in Betsworth. With 1,077 sqft of living space and a finished basement, it provides room to grow. The property’s key appeal lies in its balance of space, established neighborhood feel, and relative value. It particularly suits first-time buyers, small families, or downsizers looking for a manageable home with a large yard, without the premium of a new build. A thoughtful perspective is its strong city-wide ranking for lot size (top 11%), which is a fixed asset offering long-term potential that newer subdivisions often lack. The home’s recent 2023 sale also provides clear, current market context for valuation.

Key Details & FAQs

Key Characteristics & Ideal Buyer

• Layout & Space: A 3-level split with a finished basement, offering distinct living zones and approximately 1,077 sqft of space. The nearly quarter-acre lot is a standout feature, providing ample outdoor room.
• Primary Appeal: The appeal is grounded in space and established community. You get a large, usable lot and a solid home in a mature neighborhood, often at a more accessible point than newer properties.
• Suitability: This home is well-suited for buyers prioritizing yard space over a large interior footprint. It's a practical choice for those comfortable with a home of this era, seeing potential in its good structural rankings (age and lot size) within the city.

Frequently Asked Questions

1. How does the 2023 sale price compare to the current assessment?
The home sold for $350,000 in February 2023, which is approximately $17,000 above the current assessed value of $333,000. This recent transaction provides a concrete, real-world benchmark for the property's market value.

2. What do the ranking percentages actually mean?
They show how this property compares to others in the immediate area and city. For example, its lot size is larger than 89% of all Winnipeg properties, a major strength. Its assessed value, however, is lower than 55% of city homes, indicating its position as a more value-oriented option.

3. Is a 3-level split layout efficient?
It offers good separation of living, sleeping, and utility/rec areas across its levels, which can be great for noise buffering. The trade-off is more interior stairs than a bungalow or two-story. It's a matter of personal preference for living flow.

4. What are the implications of the lot size ranking?
Being in the top 11% city-wide for lot size is significant. It means outdoor space is a premium feature here, offering potential for gardening, expansion, or simply more privacy—an attribute that cannot be added to most newer, denser lots.

5. The home is 50+ years old. What should I consider?
While the rankings show it's newer than 54% of Winnipeg homes, a home from 1974 will have components at or beyond their typical lifespan. A thorough inspection is essential to understand the condition of major systems like roof, windows, plumbing, and electrical, and to budget for any updates.