Property Summary: 162 Charbonneau Crescent, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This single-storey home on Charbonneau Crescent is a practical offering in the established Island Lakes neighbourhood. Its key appeal lies in a balanced combination of space, location, and value. With 1,112 sqft of living space and a renovated basement, the home provides functional living areas. Its most standout feature is the land: at 8,597 sqft, the lot size is well above average for both the immediate street and the wider city, offering significant outdoor space and potential.
The home suits first-time buyers or downsizers looking for a manageable, single-level layout in a mature, family-oriented community. Its assessed value positions it as a more accessible entry point into Island Lakes compared to many area homes. A thoughtful perspective is that while the house itself is modest in size and age (built in 1986), the generous lot represents a tangible asset in a city where larger plots are increasingly rare, offering room for gardens, play, or future expansion. The appeal is grounded in space and community rather than luxury finishes.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
The living area is near the average for Charbonneau Crescent itself but is more compact than the typical Island Lakes home. The trade-off is a larger-than-average property lot.
2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. This would require clarification with the seller or a viewing to understand the finish, layout, and whether it includes a separate entrance or legal suite.
3. Is the $400k assessed value a reliable guide for the selling price?
The assessed value is for municipal tax purposes. The last recorded sale was in late 2022 for approximately $38.5k-$41.5k. The current market value will depend on recent sales, condition, and demand, so it may differ from both these figures.
4. There's no garage. What are the parking options?
The listing notes no garage. Parking would be limited to the driveway and street. Prospective buyers should verify driveway capacity and any street parking restrictions.
5. The home is 40 years old. What should I consider?
While systems like the roof, windows, and furnace may have been updated over time, their age and condition should be a key part of a home inspection. The renovated basement is a positive, but the inspection should ensure renovations were permitted and completed to code.