Property Overview: 100 Brian Monkman Bay, Island Lakes
Key Characteristics & Appeal
This home is a well-positioned, above-average offering within the popular Island Lakes neighbourhood. Built in 2004, it is newer than most homes in Winnipeg, offering modern construction standards without the premium of a brand-new build. With 1,830 sqft of living space, it provides ample room for a family, ranking comfortably above the city-wide average. A key feature is its renovated basement, adding valuable finished space. The property includes an attached garage and sits on a standard-sized lot for its street.
Its primary appeal lies in its balance and established setting. It’s not the largest or most expensive home on the block, but it consistently performs above average in its immediate area and the broader community for key metrics like size, assessed value, and age. This suggests a solid, mid-range family home in a mature neighbourhood with manicured greenspaces and waterways. It would suit buyers looking for a move-in ready, low-drama property—perhaps a young family seeking space and stability, or downsizers wanting a manageable yet spacious home without the upkeep of an older property. A thoughtful perspective is that while the lot is smaller than the Island Lakes average, this can mean less maintenance, and the home’s above-average interior space efficiently makes up for it.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above average for both the Island Lakes area and Winnipeg as a whole, but sits around the average for its specific street. This indicates it is priced consistently with its direct neighbours while being a comparatively valuable asset in the wider market.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality of the renovation and how the space can be used.
3. Is the lot size a concern?
The land area is slightly below the average for Island Lakes but is standard for Brian Monkman Bay. This typically translates to a manageable yard. For buyers prioritizing extensive outdoor space, it’s worth noting; for those seeking less lawn maintenance, it can be a benefit.
4. What is the historical price trend for this home?
Public data shows the home sold in late 2017 for an estimated range of $455,000 to $485,000. For the exact sale price and to understand its appreciation, you can request the precise history from the listing source.
5. How does the age of the home (2004) affect things?
A 2004 build is considered relatively new for Winnipeg. Buyers can expect modern wiring, plumbing, and insulation, but the home is now at an age where some original components (like the roof, HVAC, or appliances) may be nearing or due for planned replacement or updates.