Property Overview: 108 Leger Crescent, Island Lakes
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes is a well-proportioned property that balances space, location, and established value. Its key features include a renovated basement, an attached garage, and a private pool. With 1,611 sqft of living space, the home sits comfortably around the average for its immediate street and neighbourhood, but ranks above average city-wide, offering more interior room than many Winnipeg homes. The lot is a generous 6,114 sqft, providing ample outdoor space.
The appeal lies in its position as a solid, updated family home in a mature and desirable neighbourhood. The renovated basement adds functional living space, while the pool is a notable luxury for summer enjoyment. From an investment perspective, the property stands out with an assessed value that ranks above average both on its street and across the city, suggesting a strong valuation foundation. Built in 1987, it is among the newer homes on Leger Crescent, potentially implying fewer major age-related concerns than older stock.
This home would best suit buyers looking for a move-in ready family residence in a established community. It’s ideal for those who value private outdoor amenities like a pool and a large yard, and who appreciate a home that offers both comfortable living now and a history of stable value.
Section 2: Frequently Asked Questions
1. How does this home compare in size and value to others nearby?
Within the Island Lakes neighbourhood, the living area is very close to the average. Its assessed value, however, is above the street average and competitive within the community, indicating it is a higher-valued property on its block.
2. What is the significance of the assessed value ranking?
The assessed value is in the top 20% on Leger Crescent and top 19% city-wide. This doesn't dictate market price, but it often reflects the city's appraisal of the property's worth relative to others, which can be a factor in financing and property taxes.
3. Is the 1987 build date a concern?
While 39 years old, the home is actually newer than many on its street (ranking in the top 22%). This suggests major components like the roof, windows, or furnace may have been updated more recently than in older homes, but a thorough inspection is always recommended to verify the condition of all systems.
4. What can the past sale data tell me?
The home sold in July 2017 for an estimated range. This provides a historical benchmark, but the market and the property itself (with a renovated basement) have likely changed since. The exact sale price is available upon request to help with your analysis.
5. How does the lot size impact the property?
At over 6,000 sqft, the lot is above the city-wide average. This not only allows for the pool and yard space but also offers a sense of privacy and room for expansion or landscaping, which is less common in newer subdivisions.