Property Overview
119 Caribou Crescent is a well-situated two-storey family home in Winnipeg's South Pointe neighbourhood. Built in 2011, it offers 1,807 sqft of living space on a generous 4,957 sqft lot, with an attached garage and an unfinished basement. The home presents a practical, move-in-ready canvas in a sought-after area.
Key Characteristics & Ideal Buyer
The primary appeal of this property lies in its balance of space, location, and potential. The lot size is notably above average, ranking in the top 17% on its own street and the top 8% within South Pointe, offering ample outdoor room for a growing family. As a home built just over a decade ago, it is newer than 88% of Winnipeg's housing stock, suggesting modern construction standards without the premium of a brand-new build. The unfinished basement is a key feature, representing both a project and an opportunity for future customization and added value.
This home would suit first-time buyers or young families looking to establish roots in a popular suburban neighbourhood. It’s ideal for buyers who want a solid, modern structure but are comfortable with—or even excited by—the prospect of personalizing spaces like the basement over time. The strong lot size and newer build offer a foundation for long-term growth, while the current configuration provides a comfortable starting point.
Frequently Asked Questions
1. How does this home compare to others in South Pointe?
The data shows this home is competitive within its niche. Its lot size is a standout feature, ranking highly in the neighbourhood. While its living area is near the median for the area, its assessed value is also mid-range, suggesting it is priced in line with its core characteristics.
2. What does the "unfinished basement" mean for me?
It means the basement is a blank slate with rough-in plumbing and electrical likely in place. This is a significant opportunity to add tailored living space, such as a rec room, home office, or extra bedroom, but it requires planning and investment to complete.
3. The home is 15 years old. What should I be aware of?
A home of this age is typically past its initial warranty period but before major systems like the roof or furnace reach end-of-life. A thorough inspection would be wise to assess the condition of major components, though their relative modernity is a positive.
4. Who might this property not suit?
It may not suit buyers seeking a fully turnkey, renovated home or those unwilling to take on a basement project. It also may not fit those looking for the latest open-concept layouts, as floor plans from 2011 can sometimes feel more compartmentalized than newer builds.
5. What is the neighbourhood like?
South Pointe is an established, family-oriented suburban community in Waverley West. The presence of many similarly aged homes suggests a neighbourhood with shared community maturity, and the provided data shows consistent demand and comparison with nearby properties.