Property Overview
This two-storey home at 119 Cassin Crescent in Winnipeg's Island Lakes neighbourhood presents a specific and compelling value proposition. Built in 1989, it features 1,550 sqft of living space, a renovated basement, and an attached garage. Its standout characteristic is an exceptionally large 8,213 sqft lot, which ranks in the top 2% on its own street. While the living space is modest compared to immediate neighbours, the home sits above the citywide average. Its assessed value is similarly positioned—around average for the area but above average across Winnipeg.
The primary appeal lies in its land. The lot size offers rare potential for expansion, gardening, or outdoor living in a well-established area. It suits a practical buyer who values space and privacy over sheer interior square footage, and who sees the renovated basement and solid structure as a good foundation to customize over time. It’s a home for someone looking for a long-term hold in a mature neighbourhood, where the land itself is a key asset that may appreciate independently of the dwelling.
Frequently Asked Questions
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permits, and whether it includes a separate entrance or additional bedrooms.
How does the lot size impact property taxes?
While the large lot is a major asset, it's important to note that property taxes are based on the assessed value, which considers both land and building. This home's assessment is around average for Island Lakes, suggesting the tax impact of the large lot may be balanced by the home's more modest size.
Is the living area sufficient for a growing family?
At 1,550 sqft, the living space is below the current street average. It may feel cozy for a larger family, but the renovated basement adds functional space. The generous lot also provides room for a future addition, subject to zoning and permits.
Why is the sold price history from 2019 presented as a range?
The provided sold price is an estimate based on public data. To obtain the exact historical sale price, you must request it directly from the site via email, as they manually verify and provide this detail.
How does the 1989 build year affect maintenance?
A home of this age is likely to have had major components like the roof, windows, and HVAC system updated. While the structure is solid, a buyer should budget for the potential replacement of these aging systems, which are nearing or exceeding a typical lifespan.