Property Overview
10 Chenier Bay is a well-maintained, single-storey home built in 1987, located in Winnipeg's established Island Lakes neighbourhood. With 1,211 sqft of living space, an attached garage, and a renovated basement, it presents a practical and comfortable living option. The home sits on a roughly 5,800 sqft lot, offering typical suburban outdoor space.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of affordability and readiness within a mature, sought-after community. Its living space is modest compared to other homes on its street and in Island Lakes, which is reflected in its below-average assessed value for the area. This creates an accessible entry point into a neighbourhood known for its lakes, pathways, and amenities. The renovated basement adds valuable finished space, increasing its functionality.
It would suit first-time buyers seeking a foothold in a premium area without the premium price tag, or downsizers looking for a manageable, single-level layout in a convenient location. A thoughtful perspective is that while the home ranks below its immediate peers in size and value, it stands well above the Winnipeg city-wide average for assessed value, suggesting you are paying for the desirable location more than the structure itself. It’s a property for those who prioritize community and location over sheer square footage.
Frequently Asked Questions
1. Is this a good value for the Island Lakes area?
Based on assessed value, this home is priced below the average for both its street and the wider Island Lakes neighbourhood, offering a more affordable entry into this community.
2. How does the living space compare to typical Winnipeg homes?
At 1,211 sqft, the living area is very close to the Winnipeg city-wide average, but is notably smaller than the average home on Chenier Bay and in the Island Lakes area.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A viewing or inquiry with the listing agent is necessary to understand the finish quality, layout, and any permitted work.
4. How can I find out the exact historical sale prices?
The exact sold prices are not published publicly. You can request this information directly via the "Get exact sold price history" feature on the listing page by providing your email address.
5. The home was built in 1987. What should I be aware of?
As a home approaching 40 years, a thorough inspection is recommended to assess the condition of major systems like the roof, windows, plumbing, and electrical, which may be nearing or past their typical lifespan.