Property Overview: 116 Brookhaven Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Southdale bungalow presents a practical opportunity in a mature neighbourhood. Its key characteristic is a renovated basement, adding valuable finished living space to the 1,206 sqft main floor. The lot is a notable feature, at nearly 6,000 sqft, placing it in the top quarter of the street for size—a relative rarity that offers generous outdoor space and potential.
The appeal lies in its balance of established community and value. While the home itself is from 1966, its assessed value ranks highly within the neighbourhood, suggesting it is well-maintained relative to its peers. It suits first-time buyers or downsizers looking for a manageable single-level layout with a move-in-ready lower level. The large lot also appeals to those who prioritize private outdoor space over a garage or who see long-term potential for expansion or gardening. A thoughtful perspective is that this property represents a "blank slate" within a stable area: it offers the fundamentals (sizeable lot, renovated basement) without the premium for modern finishes or a garage, allowing the next owner to add value according to their own taste and budget.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this era usually means a finished living area, often with a recreation room, additional storage, and possibly a bathroom. It signifies the space is insulated, drywalled, and ready for use.
2. How does the lack of a garage impact daily life and value?
It necessitates on-street parking or the potential addition of a driveway or carport. For some buyers, this is a worthwhile trade-off for a larger yard. The property's value is already reflected in this feature, as seen in its competitive assessed value compared to similar homes.
3. The home sold in 2021; what might that indicate?
The sale three years ago could suggest the current owners have undertaken updates (like the basement renovation) in that time. It’s a useful prompt to ask what improvements have been made since that last sale.
4. The lot is large, but what are the rules for using it?
This is a key question. Buyers should inquire with the city about zoning bylaws to understand what is permissible, whether for adding a structure like a garage or shed, or for landscaping projects like significant decking or fencing.
5. How does the age of the home (1966) affect maintenance?
While the basement is renovated, a home of this age will have core components at various stages of their lifespan. A prudent buyer will pay special attention to the condition of the roof, windows, plumbing, and electrical systems to anticipate upcoming maintenance priorities.