Property Overview: 76 Brian Monkman Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This well-maintained home, built in 2004, offers a practical and comfortable living space in the established Island Lakes neighbourhood. With 1,851 sqft of living area, it sits above the city-wide average, providing ample room for a family. The home features a renovated basement and an attached garage. Its assessed value is consistently above average for both the neighbourhood and the wider city, indicating a solid and recognized worth in the market.
The appeal lies in its balance and positioning. While the lot size is more compact compared to others in Island Lakes, this often translates to less yard maintenance. The home itself is newer than most in Winnipeg, suggesting modern building standards and potentially fewer major upkeep concerns in the near term. Recent sale data shows strong value appreciation, pointing to a desirable location.
This property would suit buyers looking for a move-in ready, spacious family home in a mature community without the premium price tag of a brand-new build. It’s ideal for those who prioritize indoor living space over a large yard and appreciate a home that holds its value well within its peer group.
Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The land area is approximately 4,328 sqft, which is smaller than the average lot in Island Lakes. This means less exterior maintenance but also a more compact backyard space compared to many neighbouring properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing is recommended to assess the quality of the renovation and how the space is configured (e.g., rec room, additional bedrooms).
3. Has the home's value increased?
Based on available sale price ranges, the home sold for significantly more in 2024 than it did in 2020, indicating strong market appreciation over that four-year period.
4. Is this home newer than most in Winnipeg?
Yes. Built in 2004, it is newer than approximately 85% of homes across the city, which is a notable advantage for systems, structure, and modern layout.
5. Where can I get the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request them directly via the "Get exact sold price history" form on the listing page. The service is manual, with a promise of a reply by the end of the same day, and your email will not be used for unsolicited marketing.