Property Overview: 59 Beaupre Bay, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This 4-level split home, built in 1986, stands out for its generous 1,755 sqft of living space, which ranks it in the top 5% of homes on its street. It features a renovated basement and a detached garage. The appeal lies in its established, mature setting on Beaupre Bay, where it is one of the original homes in the area, offering a sense of permanence and character sometimes absent in newer subdivisions. While the lot size is modest for the Island Lakes neighborhood, the home itself offers above-average interior space, suggesting a efficient and roomy layout.
This property would suit buyers looking for a well-sized family home in a mature, sought-after pocket of Island Lakes, who prioritize interior space over a large yard. It may also appeal to those who see value in a home that has already undergone key renovations, like the basement, and who appreciate the stability of an older, established street where the home's age is actually an asset relative to its immediate neighbors.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home is currently assessed at $424,000. The last recorded sale was between $315,000-$345,000 in October 2020. This difference highlights market changes and the impact of subsequent renovations; requesting the exact sale history is recommended for precise comparison.
2. Is the lot size a disadvantage?
At 4,300 sqft, the lot is below the Island Lakes average but is typical for Beaupre Bay. It means less yard maintenance but may offer less private outdoor space than some other homes in the wider neighborhood.
3. What does the "top 3%" ranking for year built mean on this street?
It indicates this is one of the newest homes on Beaupre Bay, where most homes were built in or before 1986. On this specific street, a 1986 build date is a relative advantage, suggesting potentially newer materials and systems compared to immediate neighbors.
4. Are there any obvious concerns with a home of this age?
Being 40 years old, major original components like the roof, windows, or furnace may be at or beyond their typical lifespan. A thorough inspection is advised to determine the condition and age of these key elements.
5. How does the detached garage affect winter use?
A detached garage is common for this style and era of home. It provides secure parking and storage but requires going outdoors to access your vehicle, a consideration during Winnipeg's winter months.