Property Overview: 24 Mckall Bay, Island Lakes, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This two-storey home in Island Lakes, built in 1994, presents a compelling mix of space, location, and value. Its primary appeal lies in its efficient use of square footage. At 1,682 sqft, the living area is notably spacious for the immediate street and is above average citywide, suggesting a well-proportioned interior that maximizes room size. The home features an attached garage and a renovated basement, adding practical, modern living space.
The property’s assessed value is positioned interestingly: it is around average for its street but sits above average compared to the entire city. This indicates you may get more interior space for your dollar here than in many other Winnipeg neighbourhoods. A thoughtful perspective is that while the lot is smaller than others on the street and in Island Lakes, this often translates to less yard maintenance, which can be a plus for busy professionals or those seeking a lock-and-leave lifestyle. The home’s age places it in a sweet spot—modern enough to avoid major systemic issues common in older homes, yet established in a mature, treed neighbourhood.
This home would best suit value-conscious buyers looking for move-in-ready space in a stable suburban community. It’s ideal for small families, couples needing room to grow, or professionals who appreciate a renovated basement for a home office or entertainment area, without the burden of a large yard.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home last sold in early 2016. To understand current market value, comparing it to recent sales of similar homes in Island Lakes is essential. The exact historical sold price is available upon request.
2. What does the “renovated basement” include?
The listing notes the basement is renovated, but specifics on finish quality, permits, and the scope of work (e.g., full secondary suite, rec room, bathroom) should be confirmed with the seller or listing agent.
3. Is the smaller lot size a significant drawback?
While the land area is below average for the street, it is around average citywide. The trade-off is less private outdoor space but reduced maintenance. It’s important to view the yard in person to see if it meets your needs for privacy and recreation.
4. How does the assessed value relate to the likely listing price?
The assessed value is for municipal tax purposes. The market price is determined by current supply, demand, and the home’s condition, and may be higher or lower than the assessed value.
5. What is the community and street like in Island Lakes?
Island Lakes is a established neighbourhood with parks, pathways, and nearby amenities. Viewing the property at different times of day can provide insight into traffic, neighbour activity, and the overall feel of Mckall Bay.