Property Overview: 168 Camirant Crescent, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This single-storey home at 168 Camirant Crescent is a practical offering in the well-established Island Lakes neighbourhood. Built in 1997, it is newer than most homes in Winnipeg, which suggests potentially fewer major age-related concerns compared to the city's older housing stock. With 1,474 sqft of living space and an attached garage, it provides the essential layout for family living. The property sits on a 5,027 sqft lot, which is moderately sized for the area—large enough for private outdoor space but manageable in terms of upkeep.

The home’s primary appeal lies in its position as a solid, no-frills foundation in a desirable neighbourhood. The data indicates its assessed value is notably lower than many direct neighbours on Camirant Crescent and in Island Lakes, which could represent a value opportunity for a buyer willing to put in work. The basement exists but is unrenovated, offering a blank canvas for future expansion. This property would suit first-time buyers, practical downsizers, or value-oriented investors looking for a home in a mature community without paying a premium for recent upgrades or a massive lot. It’s a home for those who see potential in a property’s basic structure and location, rather than one offering move-in-ready perfection.

Section 2: Frequently Asked Questions

1. Why is the assessed value lower than many neighbours?
While newer than average city-wide, this home’s assessed value ranks in the lower tier for its immediate street and neighbourhood. This typically reflects the home’s specific condition, layout, or lack of renovations compared to updated homes nearby, not the location itself.

2. What does the unrenovated basement mean for a buyer?
The basement is a functional space but unfinished. This is a key cost factor to consider, as finishing it to a living standard would require a significant investment. However, it also allows a new owner to customize the space to their needs without first undoing someone else’s work.

3. How does the lot size impact the property?
At just over 5,000 sqft, the lot is smaller than many on the street. This means less yard maintenance but also slightly less private outdoor space. For some, this is a worthwhile trade-off for a more manageable property.

4. Is the 1997 build date an advantage?
Yes, generally. A home from the late 1990s is likely to have modern wiring, plumbing, and insulation standards, while being past the point of most "new home" settling issues. It sits in a sweet spot between older character homes and very recent builds.

5. What can the 2017 sale price range tell me?
The historical sale price provides a market baseline from eight years ago. Comparing it to the current asking price can help gauge the market’s movement in the area, but it does not reflect any changes, improvements, or market conditions since that last sale.