Property Overview: 173 Charbonneau Crescent, Island Lakes
Section 1: Key Characteristics & Appeal
This is a well-maintained, renovated bi-level home built in 1985, offering 1,040 sqft of living space with an attached garage. Its primary appeal lies in its balance and practicality within the established Island Lakes neighborhood. The home sits on a modest, manageable lot (4,503 sqft), which means less yard maintenance. A key feature is the renovated basement, adding valuable finished space.
The property’s metrics reveal a thoughtful perspective: while its size and assessed value are below the averages for its immediate street and neighborhood, they are much closer to the city-wide averages. This suggests you’re getting a home that aligns with broader Winnipeg norms, but within a community that generally features larger, higher-value properties. It represents a more accessible entry point into Island Lakes.
This home would suit first-time buyers seeking a move-in-ready property in a desirable area without the premium price tag of a larger lot or brand-new build. It would also appeal to downsizers or those who prefer a low-maintenance yard but still want the space and utility of a bi-level with a renovated basement. It’s for the buyer who values neighborhood character and convenience over having the biggest house on the block.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in Island Lakes?
The assessed value is below the neighborhood average, ranking in the lower tier. This typically indicates a more affordable price point within Island Lakes, which can be attractive for budget-conscious buyers wanting the area's amenities.
2. Is the lot size a disadvantage?
It depends on your priorities. At 4,503 sqft, it’s smaller than most in the area, which means less outdoor maintenance and gardening. For those who prefer a simpler yard or spend less time on landscaping, this is a practical benefit rather than a drawback.
3. What does “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the renovations (e.g., is it a full secondary suite, a rec room, or additional bedrooms?).
4. The home sold in 2022. What might that mean?
The sale two years ago suggests the current sellers may have completed recent updates. However, it also means they likely purchased at a different interest rate. Understanding their reason for selling can provide context for the listing.
5. How does the bi-level style affect living?
Bi-levels typically feature a split entry, with living areas divided between two main floors. This offers good separation of space (often living areas on one level, bedrooms on another) but involves stairs. It’s ideal for those who like defined living zones.