Property Overview
This 1986 bi-level home at 182 Charbonneau Crescent in Winnipeg's Island Lakes neighbourhood presents a specific and practical value proposition. Its key appeal lies in a combination of a larger-than-average lot and a recently renovated basement, set against a living space that is modest for the immediate area but competitively sized city-wide. The home last sold in 2019 for a price estimated between $355,000 and $385,000.
Key Characteristics & Ideal Buyer
The home’s 1,040 sqft of living area is smaller than many in Island Lakes, positioning it as a more affordable entry point into this established, family-oriented neighbourhood. Its most standout feature is the 8,597 sqft lot, which is notably larger than most on the street and in the wider city, offering excellent outdoor potential. The renovated basement adds functional living space. With no garage, parking is limited to the driveway.
This property would suit first-time buyers or downsizers seeking a manageable home in a desirable area without a premium price tag. It’s also a fit for buyers who prioritize private outdoor space over a large interior footprint, and for those comfortable with a home that, while well-situated on its street and in the city by assessment value, has a below-average assessment for the Island Lakes area itself.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,040 sqft, the living area is smaller than the average home in Island Lakes, but is closer to the Winnipeg city-wide average. This is a key factor in its relative affordability within the neighbourhood.
2. What is the significance of the lot size?
The lot is a major asset. At over 8,500 sqft, it is significantly larger than most properties on the street and in the city, offering more privacy and room for gardening, play, or expansion than is typical.
3. What does the assessed value tell us?
The assessed value is around average for the street and city, but below average for Island Lakes as a whole. This often reflects the home’s smaller size for the area and suggests its municipal tax burden may be comparatively lower than some neighbours.
4. Is the lack of a garage a major drawback?
This depends on the buyer’s needs. For some, the large lot could allow for a future garage addition (subject to permits). For others, especially downsizers or those with one vehicle, the driveway parking may be sufficient.
5. The home sold in 2019. How can I find the exact sale price?
The listed price range is an estimate from public data. The listing service offers to provide the exact sale price via a manual email request, which they aim to fulfill by the end of the same business day.