Property Overview
This single-storey home at 32 Pauline Boutal Crescent in Winnipeg's Island Lakes neighbourhood presents a practical and renovated living space. Built in 1998, its key characteristic is its updated basement, which adds valuable finished square footage to the 1,196 sqft main floor. The home sits on a standard 5,292 sqft lot with an attached garage.
Its appeal lies in its move-in readiness with a modernized lower level, offering a straightforward layout ideal for single-level living. The assessed value is strong citywide, suggesting good value retention. It suits first-time buyers seeking a manageable, updated home without a major project, or downsizers looking for a comfortable, low-maintenance property in a well-established suburban area. A less obvious perspective is that, while its living space is modest for the immediate street, this can translate to lower utility costs and easier upkeep—a practical trade-off for the right buyer.
Frequently Asked Questions
1. How does the size of this home compare to others in the area?
The living area is below average for both Pauline Boutal Crescent and the broader Island Lakes neighbourhood. However, it is close to the average size for homes across the entire city, indicating it's a typically sized Winnipeg home, just in a neighbourhood where many houses are larger.
2. What does the assessed value tell me about this property?
The assessed value is around average for its street and Island Lakes, but ranks in the top 22% citywide. This suggests municipal assessment views it as a solid property value compared to the overall Winnipeg market.
3. Has the home increased in value?
Based on available sold price ranges, the home sold for between $40.5k-$43.5k in 2019 and between $57.5k-$60.5k in 2022, indicating a significant increase in that three-year period. For the exact historical sold prices, you can request the information directly via the listing page.
4. Is the home older than others nearby?
Built in 1998, it is slightly older than the average home on its street, but is newer than the average home across Winnipeg. Major systems like the roof, furnace, and windows would be due for consideration given the home's age.
5. What are the less obvious considerations for a home of this age and type?
While the renovated basement is a plus, it's important to verify the quality and permits for that work. As one of the smaller homes on a street of larger properties, future resale may appeal to a specific, practical-minded buyer segment rather than those seeking maximum square footage. The stable, average assessment for the area suggests it's unlikely to be an outlier in terms of property taxes.