Property Overview
This 3-level split home at 14 Beaupre Bay in Winnipeg's Island Lakes neighbourhood presents a specific and practical value proposition. Built in 1986, it features 1,055 sqft of living space, a renovated basement, and an attached garage on a 4,465 sqft lot.
Key Characteristics & Buyer Appeal
The primary appeal of this home lies in its position as a competitively priced entry point into a well-established, family-oriented neighbourhood. While its living space is modest for the Island Lakes area, it offers a renovated basement that expands usable space. The lot size is typical for its immediate street but smaller than many in the wider community, suggesting lower maintenance.
Its assessed value is notably below the Island Lakes average, indicating a potentially lower property tax burden and an accessible price point. A thoughtful perspective is that this home represents one of the oldest properties on its street (ranked 1 of 37 for year built), which can appeal to buyers seeking a mature, settled streetscape with larger, established trees, trading off newer construction features.
This property would best suit first-time homebuyers, downsizers looking to remain in the area with less space to maintain, or pragmatic investors seeking a rental property in a stable neighbourhood. It’s a practical choice for those who prioritize location and community amenities over square footage.
Frequently Asked Questions
1. Is the sold price history shown the exact price?
No, the sold prices shown are estimated ranges from public data. You can request the exact historical sold price by email, which will be provided manually without marketing spam.
2. How does this home compare in size to its neighbours?
At 1,055 sqft, it is below the average size for both its immediate street (1,224 sqft avg.) and the wider Island Lakes area (1,635 sqft avg.), making it one of the more compact options in the community.
3. What does the "Elite" ranking for Year Built mean?
It means this home, built in 1986, is among the oldest on Beaupre Bay (ranked 1 out of 37). This isn't about luxury, but indicates a mature property on a street where homes were primarily built around or after that year.
4. Why is the assessed value so much lower than the Island Lakes average?
The assessed value of approximately $39.7k is significantly below the neighbourhood average, largely reflecting the home's smaller size and lot dimensions compared to many others in Island Lakes. This typically correlates with a lower municipal tax bill.
5. Are the rankings comparing this home to similar properties?
Yes. The rankings compare this specific home to a group of "comparable homes" in each category (street, area, city-wide), not to all properties indiscriminately, giving a more relevant sense of its standing.