Property Overview
This 3-level split home at 6 Beaupre Bay in Island Lakes presents a distinct value proposition within its immediate neighborhood. Built in 1986, it features 1,055 sqft of living space, an attached garage, and a renovated basement on a 4,465 sqft lot.
Key Characteristics & Buyer Appeal
The primary appeal of this property lies in its position as a high-value entry point into the established Island Lakes community. While its living space is modest for the area, its assessed value ranks in the top 8% on its own street and top 30% city-wide, suggesting it is viewed favorably by assessors relative to its footprint. This creates an opportunity for buyers seeking an address in a mature neighborhood without the premium typically attached to larger homes on bigger lots.
It would suit first-time buyers, downsizers, or value-focused investors. The renovated basement adds functional space, making the efficient main-floor area more manageable. A less obvious perspective is that its older construction date (1986) is actually an advantage on Beaupre Bay, ranking it as the oldest among comparable homes—this can indicate a well-proven structure in a settled streetscape, and may appeal to those preferring the build quality of that era over newer, sometimes more densely built subdivisions.
Frequently Asked Questions
1. Is the living area too small for the neighborhood?
While below the Island Lakes average, the home's layout and renovated basement provide practical living space. Its size is a key factor in its accessible price point for the area.
2. What does the high assessed value relative to size indicate?
A higher assessed value per square foot can reflect factors like desirable location on the street, quality of renovations, or overall property condition as judged by the assessor. It's important to review the detailed assessment and compare it to recent sales.
3. Is the lot size a disadvantage?
The lot is average for Beaupre Bay but smaller than many in Island Lakes. This means less yard maintenance, which could be a positive for some, but may not suit those wanting extensive outdoor space.
4. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request this information via the email prompt provided on the listing page; the service aims to provide the accurate figures manually by the end of the same day.
5. What are the implications of it being a 3-level split?
This style offers defined separation between living and sleeping areas, often with multiple smaller levels. It provides good privacy within the home but may involve more stairs than a bungalow or 2-storey layout.