Property Summary: 43 Cassin Crescent, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Island Lakes offers a practical 1,525 sqft layout with a renovated basement and an attached garage. Built in 1988, it sits on a standard 5,915 sqft lot for the area. The home’s standout feature is its strong value proposition. Its assessed value ranks notably high compared to other homes on its street and across Winnipeg, suggesting it may offer more house for the dollar in a desirable neighborhood. While the living space is slightly below the immediate street average, it remains above the city-wide norm, providing ample room for a small family or empty-nesters.
The appeal lies in its established, mature setting within Island Lakes—a neighborhood known for its parks and waterways—combined with the move-in readiness signaled by the renovated basement. It particularly suits first-time buyers seeking a solid starter home in a reputable area, or downsizers looking for single-level living without compromising on space. A thoughtful perspective is that its above-average assessment for the street could indicate better-than-average finishes or updates, potentially offering a premium feel within its local context.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
While its living area is slightly below the average for Cassin Crescent, it is larger than the typical Winnipeg home, offering a balanced amount of space that is easier to maintain than a very large property.
2. What does the assessed value ranking mean?
The home’s assessed value is in the top 11% on its street and top 19% citywide. This generally indicates that official valuation considers it a higher-value property compared to many peers, which can be a positive signal for equity and resale.
3. Is the renovated basement a full suite?
The listing confirms the basement is renovated but does not specify if it is a legal suite. Buyers should verify the permits and nature of the renovations to understand its potential uses.
4. What is the typical lot size in Island Lakes?
The lot is just under 6,000 sqft, which is very typical for Island Lakes. It provides standard backyard space for the neighborhood without the extensive maintenance of a much larger lot.
5. How recent are the major updates?
The listing notes a renovated basement but does not provide a renovation date. The roof, windows, and major systems (HVAC, plumbing) for a 1988 home are important to inspect, as they may be nearing or have passed their typical lifespan.