Property Overview
This 4-level split home at 62 Charbonneau Crescent in Winnipeg's Island Lakes neighbourhood presents a practical opportunity. Built in 1985, it offers 1,490 sqft of living space with a renovated basement. The home sits on a 4,677 sqft lot and does not include a garage or pool.
Key Characteristics & Appeal
The primary appeal of this property lies in its value proposition and established location. With a living area that is competitively sized for its immediate street and a recently renovated basement, it offers move-in-ready space. The assessed value is notably below average for the Island Lakes area, which could indicate a more accessible entry point into this desirable neighbourhood known for its lakes and parks.
It would suit first-time buyers or downsizers seeking a well-maintained home in a mature, family-friendly community without a premium price tag. A thoughtful perspective is that the smaller lot size, while below the neighbourhood average, translates to less yard maintenance. The lack of a garage, common for the era, is a trade-off for the home's lower assessed value, potentially appealing to buyers who prioritize interior space and location over vehicle storage.
Frequently Asked Questions
1. Why is the assessed value so much lower than the Island Lakes average?
While below the neighbourhood average, the assessment is close to the city-wide norm. This can be due to the home's specific attributes (like no garage and a smaller lot) compared to larger, more recently built homes in the area, reflecting a different value segment within Island Lakes.
2. What does the "4 Level Split" layout mean for daily living?
This style typically features multiple short flights of stairs separating living, sleeping, and utility areas. It offers good separation of space but may be less suitable for those seeking single-level living or with mobility concerns.
3. How updated is the home beyond the basement?
The listing specifically notes the basement as renovated. The condition of the main kitchen, bathrooms, and major systems (roof, windows, furnace) since its 1985 build would be important to verify through a viewing and inspection.
4. Is street parking readily available on Charbonneau Crescent?
Given the home has no garage, confirming the availability of consistent, convenient street parking for residents and visitors is a key practical consideration.
5. How do the recent sold prices compare to the current asking price?
The last recorded sale was in December 2020. Understanding how the current market value relates to both that prior sale price and recent sales of comparable homes in the area is essential for evaluating the listing.