Property Overview
This two-storey home at 47 Causeway Bay in Winnipeg's Island Lakes neighbourhood presents a well-maintained and above-average offering within its immediate area. Built in 2002, it is one of the newer homes on its street, providing modern construction benefits while being part of an established community. With 1,701 sqft of living space and a renovated basement, the home offers functional space that ranks above average for both the street and the city overall. The attached garage and a standard residential lot round out the practical features. Its assessed value consistently places it in the top tiers for its local context, suggesting a property that has been maintained to a good standard.
The appeal lies in its position as a solid, move-in-ready family home in a desirable neighbourhood, without being the largest or most extravagant property on the block. It suits buyers looking for a balanced choice: a home that is newer than many in the wider city, with updated living space, in a mature area with amenities. It’s particularly well-suited for young families or professionals who value a renovated basement for extra living space and the reliability of a home built this century, but who may not need an oversized lot.
A less obvious perspective is its "middle-ground" appeal. It isn't the largest home on the street, which can mean more reasonable utility costs and maintenance, yet its living area is spacious enough for a growing family. Its strong rankings in assessed value relative to neighbours hint at good upkeep and potential for stable resale value, making it a prudent rather than a flashy investment.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,701 sqft, the living area is above the average for both Causeway Bay (Top 29%) and the entire city of Winnipeg (Top 21%). It offers more space than many typical homes while not being the largest on the street.
2. What does the assessed value tell us about the property?
The assessed value of $50.90k is above average for the street, neighbourhood, and city. This generally indicates the municipal assessment views it favorably compared to peers, often reflecting factors like the home's condition, renovations, and desirability.
3. Is the basement finished?
Yes, the listing specifies the basement is renovated, adding to the home's functional living space.
4. How old is the home, and what does that mean for maintenance?
Built in 2002, it is a relatively newer home, especially on its street where it ranks in the top 4%. This typically suggests major components like the roof, windows, and mechanical systems may have more life left than in older homes, though age-appropriate checks are still advised.
5. Where can I find the exact historical sale price?
The exact sold price from its last sale in August 2017 is not publicly displayed in detail here. The listing service offers to provide the precise figure via email upon request, as they manually compile this data from non-public sources.