Property Overview: 99 Brian Monkman Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2004, offers a well-proportioned and updated living space in the established Island Lakes neighbourhood. With 1,892 sqft of living area, it sits comfortably above average in size for its street, the wider area, and the city overall. A key feature is its renovated basement, adding functional space, and it includes an attached garage. The lot is a standard suburban size at just over 5,000 sqft.
The appeal lies in its balance. It’s a newer home within its local context, avoiding the major systems updates often needed in older properties, while being situated in a mature community with fully developed amenities and landscaping. The home’s size and updates offer move-in readiness for a growing family, yet its assessed value is positioned around the average for its immediate vicinity, suggesting it may represent a sensible value within a desirable area.
This property would best suit practical buyers—likely young families or professionals—seeking a turn-key home in a quiet, family-oriented neighbourhood. It’s for those who prioritize functional interior space and modern comforts over an exceptionally large yard or a brand-new construction premium.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,892 sqft, this home is larger than most. It ranks in the top 24% on its own street and the top 14% citywide for living area, meaning it offers more interior space than a majority of comparable Winnipeg homes.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($51.60k) is for taxation purposes and is not a market appraisal. Notably, it is around the average for Brian Monkman Bay but above average citywide. Market conditions, the home’s updated condition, and recent sales on the street will be stronger price determinants.
3. What does the sold price history from 2019 tell us?
The previous sale in March 2019 (in the $39.5k-$42.5k range, per public data) provides a historical benchmark. The current assessed value suggests municipal valuation has increased since then, but a current market evaluation is essential to understand today’s value.
4. The home was built in 2004. What should I be aware of?
A 22-year-old home is past its initial warranty period but is still considered modern. Key components like the roof, major appliances, and the HVAC system may be nearing or due for replacement soon. A thorough home inspection is recommended to assess their remaining lifespan.
5. How does the lot size compare?
The 5,079 sqft lot is slightly below the average for both Island Lakes and Winnipeg overall. This means the yard is a standard suburban size—perfect for landscaping and recreation—but not an exceptionally large lot. The focus here is more on the above-average interior space.