Property Overview

This well-situated home at 226 Golden Eagle Drive in Winnipeg's Eaglemere neighbourhood presents a practical opportunity. Built in 2005, it is a newer construction compared to most homes in the city. The property features a 1,332 sqft one-storey layout with an attached garage and a full, unrenovated basement, sitting on a larger-than-average 6,528 sqft lot for its immediate area. Its assessed value is positioned below average for its street and neighbourhood, but aligns more closely with the wider city average, suggesting potential value within its local context.

Key Characteristics & Appeal

The primary appeal of this property lies in its balance of a newer build, generous lot size, and a value-oriented position within a established neighbourhood. Its 2005 construction means major components like the roof, windows, and HVAC are likely mid-life, offering a period of relative predictability before significant updates. The above-average lot provides valuable outdoor space and potential for gardening, expansion, or simply more privacy than neighbouring properties—a notable advantage that isn't immediately obvious from square footage alone.

This home would suit first-time buyers or downsizers seeking a manageable single-level layout in a mature community without the maintenance concerns of a much older house. It’s also a pragmatic fit for value-focused buyers who see potential in the unfinished basement, as this space allows for future customization without the premium of a already-renovated home. The data indicates you are paying less per square foot than many neighbours on Golden Eagle Drive, which could appeal to those looking for an entry point into the area.

Frequently Asked Questions

1. Is the below-average assessed value for the street a concern?
Not necessarily. It primarily reflects the home's more modest living area compared to larger houses on the same street. It can represent a value opportunity, allowing you to own in the neighbourhood at a lower tax assessment base.

2. What does "basement, not renovated" imply?
It means the lower level is unfinished. This is a blank canvas for future development (like a rec room or suite) but requires a significant investment to complete. Ensure you budget and plan for this if finished space is needed.

3. How does the 2005 build year affect the home?
A house of this age is typically past its initial warranty period but not yet into the era where major systems routinely fail. It’s wise to check the condition and service history of the roof, furnace, and water heater, as these may be nearing the end of their typical lifespans.

4. The lot is larger than average for the area. What are the benefits?
Beyond more yard space, a larger lot can offer better privacy, more natural light, and room for additions like a shed, deck, or garden. It also often contributes to better long-term property value appreciation relative to homes on smaller, tighter lots.

5. Who might this property not suit?
Buyers seeking a move-in-ready home with a finished basement and modern updates may find the property requires additional work. Those needing substantial living space immediately, rather than in the future, might find the current square footage limiting compared to other homes on the street.