Property Overview
This single-storey home at 76 De Caigny Cove in Winnipeg's Island Lakes neighbourhood presents a solid, well-positioned offering. Its key appeal lies in its balance of space and location. With 1,642 sqft of living area and a generous 8,683 sqft lot, it provides ample room in a mature, established setting. A notable feature is the renovated basement, adding valuable finished space. While the home itself is from 1990 and fairly typical for its immediate street, its lot size and overall footprint become more distinctive when viewed within the wider Island Lakes area and across Winnipeg, ranking well above the city average.
The property would suit buyers looking for a practical, no-frills family home in a quiet cul-de-sac setting. It's ideal for those who prioritize interior space and a larger yard over a newer build date. The renovated basement adds immediate utility, making it a fit for growing families, multi-generational living, or anyone wanting dedicated space for a home office or recreation without undertaking a major project.
Frequently Asked Questions
How does this home compare in size to others in the area?
The living space is close to the average for Island Lakes. However, the land area is significantly larger than most lots in the neighbourhood, offering more outdoor space than many comparable properties.
Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $560k places this home above average for both Island Lakes and Winnipeg overall. It serves as a starting point, but market conditions, the home's specific condition, and the renovated basement will ultimately determine the sale price.
What are the pros and cons of the 1990 build year?
Homes from this era often feature well-established landscaping and mature neighbourhoods. Potential buyers should be mindful that major components, like the roof, windows, or HVAC system, may be approaching or due for replacement, which is a typical consideration for a home of this age.
The home sold in 2020. What can that price history tell me?
The previous sale price provides a historical benchmark, but it reflects the market from five years ago. The value has likely been influenced since then by market trends and the basement renovation.
What does "one storey" with a basement mean for living space?
This is a bungalow-style home. The main living areas are on one level, which can be appealing for accessibility or simple living. The renovated basement effectively doubles the usable square footage, providing additional bedrooms, living, or utility space separate from the main floor.