Property Overview: 193 Charbonneau Crescent, Island Lakes, Winnipeg
Key Characteristics & Buyer Appeal
This is a modest, one-storey home built in 1985, presenting a practical and affordable entry point into Winnipeg’s established Island Lakes neighborhood. With 1,056 sqft of living space and a renovated basement, it offers functional living on a smaller, 4,502 sqft lot. Its assessed value of $390k is notably below the average for Island Lakes, positioning it as one of the more accessible homes in the area.
The primary appeal lies in its value proposition within a desirable community. Buyers gain access to Island Lakes’ amenities—parks, pathways, and schools—without the premium price tag typical of the neighborhood. It suits first-time homebuyers, downsizers seeking single-level living, or investors looking for a rental property in a stable area. A thoughtful perspective is that the smaller lot and home size translate to lower maintenance costs and less upkeep, appealing to those prioritizing lifestyle over property management. The recent basement renovation adds modern livable space, offsetting the home’s older overall age.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
Its assessed value is significantly below the Island Lakes average, ranking in the bottom 5% for the neighborhood. This indicates it’s a competitively priced option within this specific community.
2. Is the living space smaller than average?
Yes. The home’s living area is below the average for both Island Lakes and for homes on Charbonneau Crescent itself, making it a more compact option.
3. What does the sold price history indicate?
Public records show it last sold in August 2023 for an estimated range of $375k-$405k. The current assessed value of $390k aligns closely with this recent sale.
4. Who might this property not suit?
Buyers seeking a large yard, ample above-ground square footage, or a home newer than the 1980s may find it limiting. The lack of a garage is another consideration.
5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them via email from the listing source, which provides them manually without using your email for unsolicited marketing.