Property Overview: 64 Brian Monkman Bay, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes offers a practical and well-located family living option. Built in 2004, it is a newer construction compared to most Winnipeg homes, suggesting modern building standards and potentially lower immediate maintenance. With 1,601 sqft of living space and an attached garage, it provides the core features sought in a suburban family home.
Its primary appeal lies in its value positioning. The home's assessed value is notably below average for its immediate street, yet it offers above-average living space citywide. This creates an interesting proposition: you get more interior space for your dollar on this lot compared to neighbours, making it an efficient footprint. The lot itself is compact (4,112 sqft), which translates to less yard maintenance—a plus for busy families or those seeking a lock-and-leave lifestyle within a house.
This property would best suit first-time homebuyers or practical-minded families looking for a turnkey, low-maintenance home in an established, amenity-rich neighbourhood like Island Lakes. It’s also a sensible option for value-focused buyers who prioritize interior space over expansive outdoor areas.
Section 2: Frequently Asked Questions
1. Is the price fair for the neighbourhood?
Data suggests it may represent good value. While the home's assessed value is below the street average, its living area is competitive. You are essentially paying less for a similarly sized home on Brian Monkman Bay.
2. What does "basement yes, not renovated" mean?
It confirms the home has a basement, but it is in its original, unfinished state. This is a blank canvas for future expansion or storage, but any development would require additional investment.
3. How does the lot size impact daily living?
The lot is smaller than most in Island Lakes and citywide. This means a smaller backyard, which reduces maintenance but also limits private outdoor space for play or gardening.
4. The home sold recently in 2024. What does that indicate?
The very recent sale suggests a quick turnaround, which often points to a desirable or fairly priced property. It does mean the current listing is likely a resale, not a long-term ownership.
5. How does its age (2004) compare to nearby homes?
Built in 2004, it is among the newer homes on its street and in the wider Island Lakes area. This typically implies more contemporary layouts, materials, and systems than older area homes, potentially deferring major renovation needs.