Property Overview: 71 Beaupre Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This single-storey home at 71 Beaupre Bay is a study in contrasts, offering a grounded, value-oriented proposition in the established Island Lakes neighborhood. Built in 1986, its key characteristic is being the newest home on its street, a notable advantage for maintenance and systems compared to immediate neighbors. With 1,098 sqft of living space and a renovated basement, it provides functional, compact living on a 4,300 sqft lot.
The appeal lies in its positioning as an affordable entry point into a popular, family-friendly area. Its assessed value is significantly below the Island Lakes average, suggesting a potentially lower price point for buyers seeking the community amenities—like parks and pathways—without the premium for a larger, newer home in the area. It suits first-time buyers, downsizers looking for single-level living, or pragmatic investors seeking a rental property in a stable neighborhood. A thoughtful perspective is that while the home is modest for Island Lakes, it holds its own city-wide, offering a chance to live in a desirable postal code while prioritizing financial accessibility over square footage.
Frequently Asked Questions
1. Is this a small home?
Compared to other homes in Island Lakes, yes—it's in the bottom 7% for living area in the neighborhood. However, city-wide, its size is around the average mark. It's compact for the area but not unusually small for Winnipeg overall.
2. Why is the assessed value so much lower than the Island Lakes average?
The assessed value reflects this specific home's characteristics—its smaller size, older age relative to the broader neighborhood, and lack of a garage. In Island Lakes, many homes are larger and newer, pulling the community average up.
3. What does "newest on the street" actually mean?
The data shows this home, built in 1986, has a newer construction year than every other comparable home on Beaupre Bay. This can be an advantage, as major components like roofing, windows, and plumbing may have a shorter service history than those in older neighboring houses.
4. Is the lot size a drawback?
The lot is under 5,000 sqft, which is below average for Island Lakes where larger lots are common. However, it is very close to the average lot size for its own street and is manageable for low-maintenance landscaping.
5. How reliable are the sold price ranges shown?
The listed price ranges are estimates based on public data. To obtain the exact, verified sold price history for this property, you must request it via the email system provided. This ensures accuracy for serious buyers.