Property Overview
This 1,180 sqft, one-storey home at 26 Beaupre Bay in Winnipeg's Island Lakes neighbourhood presents a practical and value-conscious opportunity. Built in 1986, it features a renovated basement but no garage or pool. Its key appeal lies in its position as a relatively affordable entry point into a well-established area. The data suggests it's a home that prioritizes function and lot location over sheer size or modern luxury.
Key Characteristics & Ideal Buyer
The home's living space is modest, ranking around average for its immediate street but below average for the larger Island Lakes area, indicating it's among the smaller homes in this community. Its assessed value follows a similar pattern—middle-of-the-road for the city and street, but notably below the Island Lakes average. This creates a value proposition: you're purchasing a location within a desirable neighbourhood at a price point that sits under its local market.
A less obvious perspective is the land and build year. The lot size is smaller than most in Island Lakes, which may appeal to those seeking lower maintenance. Interestingly, this 1986 build is the newest home on Beaupre Bay, a unique selling point on a street of similar-era houses, suggesting potentially fewer immediate major age-related repairs compared to direct neighbours.
This property would suit first-time buyers or downsizers seeking established-community amenities without a premium price tag. It's also a match for value-focused investors or homeowners who prioritize a renovated basement living space over above-grade square footage and are comfortable with street parking.
Frequently Asked Questions
1. Is this a good value for the Island Lakes area?
Based on assessed value rankings, this home is priced significantly below the average for Island Lakes, offering a cost-effective way to enter this neighbourhood. You are trading square footage and potentially lot size for that location.
2. What does "renovated basement" typically mean here?
While specifics aren't listed, in a 1986 home this often means updated finishes and likely a legal secondary suite or additional living space, adding functional square footage. Verification of permits and suite legality would be essential.
3. How big of a concern is the lack of a garage?
This is a key consideration for Winnipeg winters. The home relies on street parking. Buyers should assess on-site visitor parking and winter street parking regulations on Beaupre Bay to see if it aligns with their lifestyle.
4. The home is newer than others on the street. Why is that important?
Being the newest build on the block (1986) can be an advantage. It may have incorporated slightly updated construction standards or materials for its time, and core components like the roof or windows might have a shorter overall lifespan than older neighbours, but this isn't guaranteed and inspections are crucial.
5. Where can I find the exact historical sale price?
The listed sale price is a range from public data. The exact sale price is available by request from the listing source, which provides it manually via email without using your address for unsolicited marketing.