Property Overview: 63 McKall Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home in the established Island Lakes neighborhood offers a practical, well-sized family layout with 1,531 sqft of living space. Built in 1994, it sits on a standard 5,326 sqft lot with an attached garage. The home presents a solid value proposition, with an assessed value that is notably above average compared to the wider Winnipeg market, yet positioned below average within its own desirable street and neighborhood. This suggests a potential opportunity for value-conscious buyers looking in a sought-after area.
Its primary appeal lies in its above-average interior space for both the immediate street and the city overall, providing more room than many comparable homes. The property suits first-time buyers or growing families seeking a move-in-ready home in a mature community with amenities, without paying a premium for a fully renovated basement. It’s a home for those who prioritize space and location over a brand-new build, and who see the value in a property that is financially efficient relative to the broader market.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. This offers new owners a blank canvas to finish according to their own needs and taste, which can be a positive for those looking to add value.
2. How does the assessed value compare to likely selling prices?
The assessed value is $43,900. It's important to note that assessed value is for municipal tax purposes and often differs from market value. Historical sold price data for the area should be consulted for a clearer market picture.
3. What is the neighborhood like?
Island Lakes is a mature, family-oriented neighborhood in Winnipeg known for its lakes, pathways, and community amenities. This home is situated on a quiet bay.
4. How does the living space compare to nearby homes?
At 1,531 sqft, this home offers more living area than most homes on McKall Bay and is above the city-wide average, making it a spacious option for the area.
5. Where can I find exact historical sold prices for this property?
Exact sold price history is available by request via email from the listing source. They provide this data manually and do not use contact information for unsolicited marketing.