Property Overview: 71 Silver Springs Bay, Eaglemere
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in the established Eaglemere neighbourhood. Built in 1998, it offers 1,479 sqft of living space with a renovated basement and an attached garage, sitting on a roughly 5,000 sqft lot. The appeal lies in its solid, middle-ground positioning. It’s not the largest or newest on its street, but it consistently ranks around or above average for its size, value, and age when compared to its immediate area, the wider neighbourhood, and the entire city. This suggests a property that has maintained relevance and offers a balanced package without extreme peaks or valleys.
The home would suit practical buyers looking for a move-in ready, low-maintenance layout in a mature area. It’s ideal for empty-nesters, small families, or professionals who value the convenience of a bungalow and a renovated basement for extra living space. Its "above average" city-wide ranking for year built and assessed value indicates a relatively modern home with solid valuation fundamentals, appealing to those seeking a sensible, long-term investment in a stable community.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in Eaglemere?
The data shows it is very representative of the area. Its living area, assessed value, and lot size all rank near the middle of the pack for the neighbourhood, meaning it’s a typical example of what Eaglemere offers, not an outlier.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms are not provided. This would be a key point for your viewing and to discuss with the seller.
3. Is the property likely to require major updates soon?
At 28 years old, major components like the roof, windows, and HVAC system are within the range where they may need evaluation or replacement. A thorough home inspection is advised to assess their remaining lifespan.
4. How does the lot size impact the property?
At 4,951 sqft, the lot is slightly below the average for both the street and Eaglemere. This typically means a smaller backyard, which could be a positive for those seeking lower outdoor maintenance, but a consideration for those desiring extensive private outdoor space.
5. Why is the city-wide assessed value ranking significantly higher than the local one?
This is an insightful detail. While the home's value is average for its immediate area, it ranks "above average" city-wide. This often reflects the overall desirability and stability of the Eaglemere neighbourhood compared to many older or less established areas across Winnipeg, highlighting a potential strength in long-term value retention.