Property Overview: 34 Huppe Bay, Island Lakes
Key Characteristics & Appeal
This one-storey home in Island Lakes presents a compelling blend of space, value, and rarity. Its primary appeal lies in its exceptionally large, private lot—over 15,800 square feet—which ranks in the top 2% of properties citywide. This offers uncommon potential for gardening, recreation, or future expansion in a mature neighborhood. The home itself, built in 1986, features a renovated basement and an attached garage. With 1,522 sqft of living space, it is comfortably sized and sits above the city-wide average, providing practical family living.
The property’s assessed value is notably strong, ranking in the top 5% on its own street and top 13% across Winnipeg, suggesting a perception of solid value and desirability. This home would suit buyers prioritizing land size and privacy over a brand-new build, such as growing families seeking room for kids and pets to play, or downsizers who want a manageable single-level layout without sacrificing outdoor space. It’s a property for those who see the lasting value in a generous lot and a well-located home, offering a foundation to customize over time.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The lot is exceptionally large at 15,840 sqft, placing it in the elite top 2% of all residential properties in the city. It is more than double the average lot size for both the Island Lakes area and Winnipeg overall.
2. What does the "Elite" ranking for Year Built on the street mean?
On Huppe Bay, this 1986 home is ranked in the top 5% for its year of construction. This indicates it is one of the newer homes on its specific street, which may be appealing for systems and structural components.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $54.60k is a strong benchmark for municipal tax purposes and indicates high value relative to peers. However, the final sale price is determined by the market. The home last sold in June 2023 for an estimated $52.50k–$55.50k, which aligns closely with its current assessment.
4. What are the implications of having a renovated basement?
A renovated basement adds immediate functional living space without the need for a major project. It’s important to clarify the scope of the renovation, obtain permits if applicable, and understand how the space is currently used to assess its value to you.
5. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. You can request this information directly via the "Get exact sold price history" feature on the listing page by providing your email. The service promises a manual reply with accurate figures, typically by the end of the same business day.