Property Overview
This two-storey home at 30 Bounty Bay in Winnipeg's Island Lakes neighbourhood presents a well-maintained and spacious family residence. Built in 2000, it features 1,899 sqft of living space, an attached garage, and a renovated basement. The property stands on a large 8,521 sqft lot.
Its primary appeal lies in its above-average size and value within its immediate context. The living area ranks in the top 9% of homes on Bounty Bay itself, and the property holds the highest assessed value on the street. This suggests a home that has been updated or maintained to a standard that outpaces its direct neighbours. The generous lot size is also a significant asset, offering ample outdoor space that is larger than most in the wider city.
This home would best suit a growing family or a buyer looking for a move-in ready property with established community roots in a sought-after neighbourhood. It’s ideal for those who value space—both indoors and out—over a brand-new build, and who appreciate a home that represents a strong, leading position on its street.
Frequently Asked Questions
How does this home compare to others in Island Lakes?
The data shows this home is above average for the neighbourhood in key areas. Its living space is in the top 19%, its assessed value is in the top 14%, and its lot size is in the top 15% of all Island Lakes properties.
What does the "top 9%" ranking for assessed value on the street mean?
It means this property has the highest assessed value among the 11 homes on Bounty Bay. This often reflects recent renovations, superior maintenance, or desirable features that differentiate it from neighbouring houses.
Is the basement development legal and permitted?
The listing notes the basement is "renovated." Prospective buyers should verify with the seller or through municipal records that any significant renovations were completed with the proper permits to ensure compliance with building codes.
The home was last sold in 2017. What might that indicate?
A seven-year ownership period suggests the sellers have likely lived in and maintained the home as a long-term residence, not a short-term investment. This can sometimes mean more thoughtful updates and settled property conditions.
Given its age, what major systems might need attention?
As a home built in 2000, key components like the roof, major appliances, the furnace, and the water heater are likely in the middle or later stages of their typical lifespans. A thorough inspection is recommended to anticipate any near-term maintenance or replacements.