Property Overview
47 Chenier Bay is a bi-level home in Winnipeg's Island Lakes neighbourhood. Built in 1992, it features 1,263 sqft of living space, an attached garage, and a renovated basement. The property sits on a 5,567 sqft lot.
Key Characteristics & Appeal
This home presents a specific value proposition. Its key appeal lies in its above-average assessed value relative to its size, suggesting updates or desirability factors not fully captured by square footage. The renovated basement adds functional living space. However, it's one of the smallest homes on its street and sits on the smallest lot in the immediate area.
It would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize move-in readiness and a modernized interior over sheer size. The appeal is less about spaciousness and more about efficient use of space and relative investment within the Island Lakes community. A thoughtful perspective is that while it ranks low for size on its own street, it holds its own in assessed value, indicating it may offer better finishes or condition than some larger, older neighbours.
Frequently Asked Questions
1. How does the home's size compare to others in the area?
At 1,263 sqft, the living area is below the average for both Chenier Bay and the wider Island Lakes neighbourhood, but it is close to the average for the entire city.
2. What does the "above average" assessed value indicate?
The assessed value is higher than many comparable homes on the street and citywide. This often reflects factors like renovations (the basement is noted as renovated), overall condition, or property features that add value beyond raw square footage.
3. Is the lot size a significant consideration?
The lot is the smallest among the 20 homes on Chenier Bay. This may mean a smaller backyard but could also translate to less maintenance. It is generally in line with average lot sizes for Island Lakes and the city.
4. How old is the home, and what does that mean for maintenance?
Built in 1992, the home is newer than most on its street. While this can mean more modern construction standards, major components like the roof, windows, or HVAC system may be nearing or due for updates given its age.
5. Where can I find the exact historical sold price?
The exact sold price is not publicly displayed. The listing service provides an estimated sold price range and offers to send the precise figure via email upon request, which they handle manually.