Property Overview: 27 Surfside Crescent, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Island Lakes presents a compelling blend of space, location, and rare lot size. Its key characteristics include a generous 2,303 sqft of living space, a renovated basement, an attached garage, and a private pool. The standout feature is the exceptionally large 15,834 sqft lot, which ranks in the top 2% citywide, offering unparalleled outdoor potential and privacy for the neighborhood.

The appeal lies in its established, family-friendly community combined with above-average metrics. The home is not just larger than most in Winnipeg, but it also sits on a land parcel that is more than double the average for its immediate street and area. This creates a unique value proposition: a home with ample interior space on a property that feels more like an estate, suitable for extensive gardening, recreation, or future expansion. It would perfectly suit growing families seeking room to spread out, entertainers who value indoor and outdoor hosting spaces, or buyers who prioritize long-term privacy and land value over a brand-new build. A less obvious perspective is that the large lot and pool also represent a trade-off, appealing to those who enjoy hands-on property maintenance and outdoor living, rather than buyers seeking a low-maintenance lock-and-leave lifestyle.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. The last recorded sale in 2023 was between $795k and $825k, which is a more current indicator of its market worth, though conditions change.

2. Is the large lot a benefit or a burden?
It's a significant benefit for privacy, space, and potential, but it also means higher property taxes and more yard maintenance (lawn care, snow clearing). It's a feature you pay for in both the purchase price and ongoing upkeep.

3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or quality. A buyer should investigate whether it's a legal suite, a recreational space, or simply finished rooms, and verify the work was permitted.

4. As a home built in 1989, what should I be aware of?
While the home is well within its functional lifespan, key systems like the roof, windows, HVAC, and the pool equipment may be nearing or past their typical service life. A thorough inspection is crucial to budget for any upcoming replacements.

5. How does the pool impact insurance and utility costs?
A private pool increases annual insurance premiums and significantly raises seasonal utility costs (water, chemicals, electricity for pumping/heating). It's a desirable amenity but comes with predictable additional ongoing expenses.