Property Overview: 34 Gauvreau Road, Island Lakes, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1986, offering a practical and comfortable layout with 1,216 sqft of living space and a renovated basement. Its attached garage and a standard 5,083 sqft lot provide the expected amenities for the neighbourhood. The home’s primary appeal lies in its solid positioning as a manageable, turn-key property in the established Island Lakes community.
While its living space is modest for the immediate street and area, it sits close to the city-wide average, suggesting an efficient use of space that may suit those looking to downsize or who prefer simpler, single-level living. The renovated basement adds valuable functional space. The property’s assessed value is notably below average for Island Lakes but aligns with averages on its own street and city-wide, potentially indicating a more accessible entry point into this desirable neighbourhood.
This home would best suit first-time buyers seeking a foothold in a mature area, or empty-nesters looking to rightsize without leaving a community known for its green spaces and amenities. It’s a property for buyers who value location and practicality over sheer size, offering a balance of community benefits and manageable upkeep.
Frequently Asked Questions
1. How does the size of this home compare to others in Island Lakes?
At 1,216 sqft, the living area is below the average for Island Lakes. This makes it one of the more compact homes in the area, which can mean lower utility costs and less maintenance, but may require efficient use of space.
2. The assessed value seems low for the area. What does that indicate?
The assessed value is below the Island Lakes average but is consistent with averages on Gauvreau Road itself. This suggests the street, or this specific style/size of home within the neighbourhood, is valued differently, possibly offering a more budget-friendly option in the community.
3. What is the significance of the renovated basement?
A renovated basement effectively adds usable living space to the home’s footprint. For a single-storey home of this size, it is a significant feature that can provide crucial extra room for a family room, home office, or guest space.
4. Is a home built in 1986 considered old?
While not new, a 1986 build is newer than the typical Winnipeg home. Major components like the roof, windows, and heating system may be nearing or have undergone updates, so a thorough inspection to understand the home’s current condition is advised.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. To obtain the precise sale price from the last transaction in June 2017, you can use the email request feature provided on the listing page for a manual, prompt response.