7 Kinrade Place

Property Overview & Key Characteristics

This two-storey home in Betsworth offers a well-proportioned living space of over 2,100 square feet on a generous 6,491 sqft lot. Built in 1987, it features a finished basement and an attached garage. The appeal lies in its above-average size and established setting. The home ranks highly within Winnipeg for its living area and lot size, placing it in the top tiers for space. Its age is also a relative advantage in the neighborhood, being newer than most surrounding homes. This property would suit buyers looking for a spacious, move-in-ready family home in a mature area, who value more interior room and a larger yard over a brand-new build. It’s a practical choice for those seeking established communities with larger, well-ranked properties.

Frequently Asked Questions

1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider neighborhood, and all of Winnipeg. For example, ranking in the "top 7%" for living area in Winnipeg means 93% of city homes are smaller, highlighting its standout spaciousness.

2. Is the 1987 build date a concern?
While not new, the home is newer than 86% of properties in its own community, suggesting it's among the more modern homes in an established area. A thorough inspection is always advised to understand the condition of major systems and updates.

3. How does the assessment value relate to the asking price?
The assessment of $543,000 is a municipal valuation for tax purposes, not a market price. It does indicate the home is considered a higher-value property in the city (top 12%), but the sale price will be determined by current market conditions.

4. What are the advantages of a larger lot in this area?
The nearly 6,500 sqft lot offers ample outdoor space for gardening, play, or expansion, and ranks in the top half of its street. In mature neighborhoods, larger lots are a finite resource and add long-term value and privacy.

5. What might the "finished basement" include?
The listing confirms the basement is finished, meaning it has legal living space (e.g., rec room, office, or additional bedrooms). It’s important to clarify the exact layout, ceiling height, and whether it includes a separate entrance or bathroom.