Property Overview & Key Characteristics
This two-storey home at 15 Karschuk Bay is a modern, low-maintenance property in Winnipeg's Waverley West B neighbourhood. Built in 2023, it offers the appeal of a nearly new home with contemporary finishes and systems, eliminating the immediate need for major updates. Its key features include a spacious 2,487 sqft living area, an attached garage, and a full (though unrenovated) basement on a large 5,392 sqft lot.
The home’s primary appeal lies in its balance of space, modernity, and value within a newer suburban community. It ranks highly for its size and recent build year compared to most of Winnipeg, suggesting a solid, modern investment. The property would suit growing families or professionals seeking a turn-key home in a developing area, as well as buyers who value a larger lot for future outdoor projects or expansions. A thoughtful perspective is that the unrenovated basement presents a clean slate for customization, allowing new owners to add value and tailor the space to their needs without first undoing someone else’s work.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold for $90,500 in January 2024, which is significantly higher than its $71,200 assessed value. This is common in active markets and for newer homes, where the sale price reflects current buyer demand rather than the municipal assessment for tax purposes.
2. What does the ranking data actually mean?
The rankings compare this property to others on its street, in the neighbourhood, and across Winnipeg. For example, its living area is in the top 10% of its neighbourhood, meaning it's notably larger than most homes nearby. Conversely, its build year is newer than only 33% of the neighbourhood, indicating many surrounding homes are even newer.
3. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This provides potential for future living space, storage, or a recreational area, but would require an investment to complete.
4. What are the nearby properties like?
Immediate neighbours on Karschuk Bay are all very close (within 33 meters), suggesting a typical suburban streetscape with newer homes. The provided comparisons show a mix of newer builds in Waverley West and some older, established homes in other neighbourhoods for reference.
5. Who might this home not suit?
Buyers looking for a historic character home or an established, tree-lined neighbourhood may find the newer community feel less appealing. Additionally, those wanting a fully finished home with no projects might prefer a property with a developed basement.