Property Summary: 11 Four Oaks Cove
Key Characteristics, Appeal & Ideal Buyer
This single-storey home in Assiniboia Downs sits on a notably large, mature lot of over 15,700 sqft, offering a rare sense of space and privacy for the area. Built in 2008, the 1,832 sqft home features an attached garage and a renovated basement. Its appeal lies in a combination of established, generous grounds and modern, move-in-ready living space. The recent sale price significantly above the assessed value suggests a premium was paid for the home's condition, updates, or its desirable lot.
The property would suit buyers looking for a spacious, low-maintenance bungalow layout in a settled neighbourhood, who value a large yard over a brand-new build. It’s a practical choice for downsizers, small families, or anyone seeking single-level living without compromising on outdoor space. A less obvious perspective is the lot's potential: it offers room for future additions, landscaping projects, or simply the enjoyment of an established, private outdoor retreat that is increasingly hard to find in newer subdivisions.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 15,707 sqft lot is exceptionally large, ranking in the top 2% of all residential properties in Winnipeg. It is significantly larger than most lots in its immediate street and neighbourhood.
2. The sale price was much higher than the assessed value. Why?
Assessed values are for municipal tax purposes and often lag behind market values, especially for recently renovated properties. The premium likely reflects the home's updated condition, the desirability of the large lot, and current market conditions at the time of sale.
3. Is the neighbourhood considered established or developing?
Assiniboia Downs is an established neighbourhood. The home was built in 2008 on a mature street, meaning infrastructure, landscaping, and community amenities are well-developed, unlike in newer, ongoing construction areas.
4. What does the "renovated basement" typically include?
While specific finishes aren't listed, a renovated basement in a home of this age and calibre generally means it is fully finished as livable space, potentially including recreation areas, additional bedrooms, or a home office, adding to the functional square footage.
5. Who might this property not suit?
It may not suit buyers seeking a brand-new, modern exterior aesthetic or a multi-storey layout. The single-storey design and 2008 build date offer move-in readiness but not the latest architectural trends. Those prioritizing a brand-new community feel over established privacy might also look elsewhere.