Property Overview: 54 Red Wing Cove
Key Characteristics & Appeal
This two-storey home in South Pointe West is a modern, low-maintenance property built in 2016. Its key appeal lies in a balance of space, contemporary age, and a renovated basement. With 2,142 sqft of living area on a large 5,721 sqft lot, it offers room to grow without excessive upkeep. The home ranks highly for its newer build year within both the neighbourhood and Winnipeg, suggesting less immediate concern for major repairs or updates.
The property suits buyers looking for a move-in-ready home in a newer community who value space and modern construction. It’s particularly well-matched for growing families or professionals seeking a established yet contemporary neighbourhood. A thoughtful perspective is its strong ranking for lot size on its street—offering more outdoor space than many direct neighbours, which is a premium in newer subdivisions. While the assessed value sits above most nearby comparisons, this aligns with its larger size and recent renovations, positioning it as a premium option within the immediate area.
Frequently Asked Questions
1. How does the property’s value compare to recent sales in the area?
The home last sold in early 2017. Current assessed value is notably higher than most directly listed comparable properties in South Pointe West, reflecting its larger size, renovated basement, and desirable lot.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification with the seller or a viewing to understand the finish quality, layout, and permitted status.
3. Is the property in a flood zone or have any known development plans nearby?
This information is not provided in the basic details. Due diligence with the city and a review of local area plans would be necessary for confirmation.
4. How does the school catchment area rate for this address?
School catchment and ratings are not included in this data. Prospective buyers should verify the designated schools and their current rankings through the local school division.
5. Why is the assessed value higher than many newer homes in the comparison list?
The home’s larger living area, substantial lot size, and the renovated basement likely contribute to its higher assessment compared to some newer but smaller or unrenovated properties nearby.