3 Brian Monkman Bay

Property Overview

This two-storey home at 3 Brian Monkman Bay in Winnipeg's Island Lakes neighbourhood presents a specific and value-oriented opportunity. Built in 2003, it features 1,568 sqft of living space, a renovated basement, and an attached garage on a 4,358 sqft lot.

Key Characteristics & Appeal

The primary appeal of this property lies in its position as a modern, yet modestly-sized home within a well-established neighbourhood. While its living space and assessed value are below the average for its immediate street, they are above the Winnipeg city-wide average, suggesting you get more modern home for your dollar here than in many older areas of the city. The renovated basement adds functional living space. Its lot size is typical for the street but smaller than the Island Lakes average, resulting in manageable outdoor maintenance.

This home would suit first-time buyers or downsizers seeking a relatively modern, low-maintenance property in a mature suburban setting. It’s a practical choice for those who prioritize being in a specific neighbourhood like Island Lakes over having the largest home on the block, and who see value in a home that is newer than most across Winnipeg. A thoughtful perspective is that its "below-average" metrics on its own street could represent a more affordable entry point into a desirable enclave.

Frequently Asked Questions

1. Is this home a good value compared to others in Winnipeg?
Based on the data, its living area and assessed value rank above the city-wide average, meaning you get more space and a higher municipal valuation than most Winnipeg homes, which tend to be older and smaller.

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 home's full living potential.

3. Why is the assessed value on this street lower than average?
The home's assessed value is below the average for Brian Monkman Bay. This can be due to a combination of its slightly smaller size, specific lot placement, or the municipal assessment model. It does not necessarily reflect the home's condition, especially with a renovated basement.

4. How does the lot size affect the property?
At 4,358 sqft, the lot is manageable and typical for the street, but notably smaller than the Island Lakes neighbourhood average. This means less yard maintenance but also potentially less private outdoor space compared to other homes in the broader area.

5. How can I find out the exact historical sale price?
The listed sale price ranges are estimates from public data. The listing service offers to provide the exact sale price history via a manual email request, which they aim to fulfill by the end of the same business day.