12 Arpin Bay

Property Summary: 12 Arpin Bay, Island Lakes, Winnipeg

Key Characteristics & Appeal

This single-storey home at 12 Arpin Bay is a practical and well-situated property in the established Island Lakes neighbourhood. Built in 2002, it is notably newer than many homes city-wide and on its own street, suggesting modern construction standards and potentially fewer major maintenance concerns in the near term. The home features a renovated basement and an attached garage, with a living space of 1,245 sq ft on a 4,398 sq ft lot.

Its primary appeal lies in its balance and location. While the house is more compact than many in Island Lakes, its assessed value is strong compared to the wider Winnipeg market, indicating good perceived value for its condition and area. The lot size is smaller than area averages, which translates to less yard maintenance—a plus for some buyers. This property would suit first-time buyers, downsizers, or practical investors seeking a manageable, modern home in a desirable neighbourhood without the premium price tag of a larger lot or footprint. It’s a home that offers livability in a mature community, rather than luxury space.

Frequently Asked Questions

1. Is this house smaller than others in the area?
Yes. At 1,245 sq ft, the living area is below the average for both Arpin Bay and the broader Island Lakes neighbourhood. This makes it a more manageable size for smaller households.

2. What does the assessed value tell me about this property?
Its assessment is above average compared to the entire city, but around average for Island Lakes. This often means you are paying for the desirability of the neighbourhood itself, with the home representing a solid entry point into the area.

3. The lot seems smaller. Is that a disadvantage?
It depends on your priorities. The lot is below average in size for the street and area, which limits expansive gardening or outdoor recreation space. However, it also means significantly less yard work and upkeep, which many buyers appreciate.

4. How can I find out the exact historical sale price?
The exact sold prices are not published publicly. You can request the precise history by emailing the listing service via the "Get exact sold price history" button on the detail page. They provide this data manually without using your email for marketing.

5. The home was built in 2002. What should I consider?
A 24-year-old home is relatively modern, likely featuring contemporary wiring, plumbing, and insulation. It is past the initial "newness" phase, so a thorough inspection of major systems (roof, HVAC, windows) for expected mid-life upkeep is advisable.