Property Overview: 87 Cassin Crescent, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 87 Cassin Crescent is a practical and affordable entry point into Winnipeg's established Island Lakes neighborhood. Built in 1989, it is notably newer than many city-wide comparables. The home features 1,162 sqft of living space, an attached garage, and a renovated basement, sitting on a standard 5,495 sqft lot.
Its primary appeal lies in value and location. The home’s assessed value is modest for the immediate area, positioning it as one of the more accessible options on the street and within Island Lakes. This creates an opportunity for buyers seeking the community benefits—like parks and schools—of a mature neighborhood without the premium price tag of its larger, more updated neighbors. It would suit first-time homebuyers, downsizers, or value-focused investors looking for a solid foundation. A thoughtful perspective is that while the living space is below average for the street, the newer build year suggests potentially fewer major age-related repairs compared to older stock, a trade-off some buyers may prefer.
Section 2: Frequently Asked Questions
1. Is this home smaller than others in the area?
Yes. At 1,162 sqft, the living area is below the average for both Cassin Crescent and the wider Island Lakes area, but is close to the Winnipeg city-wide average.
2. What does the assessed value tell me?
The assessed value is below average for the immediate street and neighborhood, yet around average city-wide. This often indicates a more affordable price point within a desirable area.
3. How does the lot size compare?
The lot is 5,495 sqft, which is slightly below average for the street but very typical for the city overall, offering a standard suburban yard.
4. The home sold in 2017. What was the price?
Public records show a sold price range between $345,000 and $375,000 for the September 2017 transaction. The exact sale price can be provided upon request.
5. What are the less obvious considerations?
The 1989 build year is a relative strength on a city-wide scale. However, buyers should weigh the below-average interior space against the benefits of the neighborhood and the fact that major systems may be entering a key replacement period.