Property Summary: 15 Alenbrook Bay, Winnipeg

Key Characteristics & Appeal

This is a well-established, spacious family home in the Eric Coy neighbourhood. Built in 1978, it sits on a large, 6,421 sqft lot and offers 1,652 sqft of living space, which is notably above average for both the local area and Winnipeg overall. The home features a finished basement and a unique two/one-storey layout. Its appeal lies in its generous proportions—both indoors and out—providing room to grow and privacy that can be harder to find in newer subdivisions. The data suggests a home that has been competitively positioned in the past, with a 2021 sale price slightly below its current assessed value.

It would particularly suit buyers looking for a character home with ample yard space, who value established communities over brand-new builds. The size and lot offer potential for future updates or expansions. It's a practical choice for a family needing space without moving to the city's outskirts, or for someone seeking a property where the land itself represents significant value. A less obvious perspective is that its strong rankings for size and lot, contrasted with more modest rankings for value within its immediate community, could indicate an opportunity to own one of the larger properties in the area at a relative value point.

Frequently Asked Questions

1. What does "TWO/ONE STOREY" mean for the layout?
This typically indicates a split-level or bi-level design, where the home is divided into different levels that are partially above and below grade. It often creates distinct living zones and can make the basement feel more integrated with the main living areas.

2. How does the lack of a garage impact daily life and value?
While a garage is a common convenience, its absence is reflected in the property's pricing and may appeal to buyers who prioritize indoor and outdoor living space over vehicle storage. The large lot does offer potential for adding a garage or shed in the future, subject to local bylaws.

3. The home ranks highly for size but lower within its own community for value. What does this suggest?
This can indicate that you are getting more physical space for your dollar compared to other homes in Eric Coy, but the value assessment may be influenced by factors like the home's age, specific condition, or the lack of certain amenities (like a garage) common in the area. It highlights the trade-off between sheer space and modern finishes or features.

4. Is the finished basement included in the 1,652 sqft living area?
Typically, living area (or above-grade square footage) in Canadian listings does not include basement space, even if finished. The 1,652 sqft likely refers to the main and upper floors. The finished basement provides additional, flexible space.

5. The property sold in 2021. What should I consider given the recent market changes?
The 2021 sale provides a recent benchmark, but the market has evolved since then. The current assessed value and asking price will reflect more recent market conditions, property tax calculations, and any changes made to the home. It's a useful data point for understanding the home's history but should be considered alongside a current professional appraisal and market analysis.