Property Overview
This one-storey home at 82 Huppe Bay in Winnipeg's Island Lakes neighbourhood presents a practical opportunity. Its key appeal lies in its efficient, single-level layout within a well-established community. With 1,300 sqft of living space and a renovated basement, it offers functional living without the maintenance of a larger property. The attached garage and a standard 5,478 sqft lot add to its everyday convenience.
The home suits first-time buyers seeking an entry point into a mature area, or downsizers looking for a manageable, renovated space without stairs. Its assessed value is strong citywide, suggesting a solid valuation foundation. A less obvious point is its age: built in 1986, it's one of the older homes on its specific street, which could mean more original components but also indicates a settled, mature streetscape. Compared to the immediate area, the living space is modest, making it a more affordable option in the neighbourhood.
Frequently Asked Questions
1. How does this home's size compare to others in Island Lakes?
At 1,300 sqft, the living area is below the average for the Island Lakes neighbourhood, where comparable homes average about 1,635 sqft. This typically translates to a lower price point within the area.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, the presence of a proper permit, and whether it includes a secondary bedroom or living space.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. However, this home's assessment ranks in the top 26% citywide, which indicates the city assesses it relatively highly compared to homes across Winnipeg.
4. The home is noted as being older on its street. Should I be concerned?
Built in 1986, it's among the first homes built on Huppe Bay. This isn't inherently a concern, but it warrants a close look at major systems (roof, windows, HVAC) which may be nearing or past their typical lifespans, even if the basement has been updated.
5. What is the neighbourhood feel like on Huppe Bay?
The data shows the street consists of homes primarily built from the mid-1980s onward, suggesting a consistent, established streetscape. With a mix of home sizes and values, it appears to be a typical, stable residential street within the broader Island Lakes community.