15 Idlewild Bay

Property Overview & Key Characteristics

This well-situated one-storey home in The Maples offers a practical layout on a generous lot. Its key appeal lies in its balance of space, recent updates, and value within the neighbourhood. The nearly 5,800 sqft lot provides ample outdoor room, ranking above average for the street. The home itself features 1,244 sqft of living space and a renovated basement, adding functional living area. Built in 1978, it is notably newer than many homes in the immediate area, ranking in the top third of its street for age. The assessed value is consistent with the local market, positioning it as a solid, mid-range option in Winnipeg.

The property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It also appeals to value-conscious buyers seeking a home with foundational updates (like the basement) already completed, allowing them to avoid major immediate projects. A thoughtful perspective is that while the living area is modest compared to some newer builds, the large lot and newer build date relative to neighbours offer a unique combination of potential and practicality not always found in established areas.

Frequently Asked Questions

1. What does a "renovated basement" typically include?
While specifics require a viewing, this generally means the lower level has been finished into livable space, such as a rec room, additional bedrooms, or a proper laundry/utility area. It signifies usable square footage beyond the main floor.

2. How does the lot size compare practically?
At 5,769 sqft, the lot is larger than over 60% of properties on the street. This translates to more private outdoor space, room for gardening, play areas, or future additions like a shed or deck, which is a premium in older neighbourhoods.

3. The home is from 1978. What should I consider?
While newer than many nearby homes (built in the mid-70s), a house of this age will have aging components. The roof, windows, and major systems like plumbing or electrical may be original or nearing their lifespan, so a thorough inspection is key.

4. The assessed value seems lower than some similar listings. Why?
Municipal assessed value for taxation purposes often lags behind market value and doesn't account for interior condition or recent renovations. It's a baseline for city taxes, not a sale price. The market will determine the final value based on condition, updates, and current demand.

5. What are the trade-offs with a detached garage?
A detached garage provides flexibility—it can be a workshop or project space without noise or fumes entering the house. However, it means a walk to your vehicle in Winnipeg winters, and the space between the garage and house is unused land that requires maintenance.