Property Overview: 185 Charbonneau Crescent, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1986, offering 1,040 sqft of living space on a 4,503 sqft lot in the established Island Lakes neighbourhood. Its key appeal lies in its position as a relatively affordable entry point into a popular, family-oriented area known for its lakes, parks, and pathways. The home presents a straightforward layout with a basement (not renovated) and no garage.
The property suits first-time buyers or downsizers seeking a lower-maintenance, single-level living option in a mature community. Its assessed value is notably below average for its immediate street and neighbourhood, which could signal an opportunity for a value-conscious buyer willing to invest in updates over time. A thoughtful perspective is that while the lot is smaller than most on the street, it still provides manageable outdoor space and reduces yard upkeep. The home’s living area is near the city-wide average, suggesting it’s functionally sized for a small household despite feeling compact within its own community.
Section 2: Frequently Asked Questions
1. Is this a good value for the Island Lakes area?
The data indicates its assessed value is in the bottom 1% for the Island Lakes neighbourhood, meaning it is priced significantly below area averages. This typically reflects the home’s original condition and smaller size, positioning it as one of the more accessible options in the area.
2. What should I know about the lack of a garage?
Buyers should plan for street parking or consider the cost and feasibility of adding a driveway and a garage or shed in the future, subject to local bylaws and the lot's layout.
3. The basement is noted as "not renovated." What does that imply?
This suggests the basement remains in a largely original, functional state. It likely has finished or partially finished spaces suitable for storage or utility, but not modern living areas. Budgeting for potential updates, moisture-proofing, or insulation should be part of your evaluation.
4. How does the smaller lot size impact the property?
While the lot is below average for the street, it offers a manageable yard. This can be a positive for those seeking less maintenance. However, it may limit options for large additions, pools, or extensive outdoor entertaining spaces compared to neighbours.
5. The home sold recently in early 2024. Why might it be back on the market?
Without specific disclosure, this could be due to many common reasons unrelated to the property itself, such as a change in the owner’s financial situation, job relocation, or a shift in housing needs. It’s a prudent question to ask the listing agent.