Property Overview: 11 Island Cove, Island Lakes, Winnipeg
Key Characteristics & Buyer Profile
This two-storey home at 11 Island Cove is a solid, established property in the Island Lakes neighbourhood. Built in 1985, it offers 1,875 sqft of living space with a renovated basement and an attached garage. The home presents a practical balance: its living space is comfortably above the Winnipeg city average, yet it sits on a land parcel (6,642 sqft) that is slightly more compact than others on its own street. This suggests a manageable yard with less maintenance. The assessed value is positioned around the average for both the immediate street and the broader Island Lakes area, indicating a fair market positioning without premium pricing.
Its appeal lies in its proven neighbourhood and functional layout. The renovated basement adds valuable finished space, and the home’s size offers room for a growing family or those needing a home office. It would suit buyers looking for a move-in ready, no-surprises home in a mature, sought-after suburb—particularly those who value space indoors over extensive yard work. A thoughtful perspective is that this property represents the "steady middle" of its market: it’s not the newest or largest on the block, but it offers dependable size and updates in a prime location, making it a prudent choice for stability over flash.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,875 sqft, the living area is above average for both Winnipeg overall and the Island Lakes neighbourhood, offering more interior space than many comparable homes. On its specific street, however, it is slightly below the average for the group.
2. Is the property assessed at a fair value?
The assessed value is very close to the average for both Island Cove and the Island Lakes neighbourhood, suggesting it is priced consistently with its immediate peers. Citywide, it ranks above average, reflecting the desirability of the area.
3. What is the lot size, and is it typical?
The lot is 6,642 sqft. It is above average for the city and Island Lakes, but it is one of the smaller lots on Island Cove itself, where properties tend to have larger land areas.
4. How old is this home, and what does that mean?
Built in 1985, the home is older than most in Island Lakes but is newer than the average Winnipeg home. This suggests it may have more modern construction basics than many city properties, but potential buyers should still consider the age of major systems like roof, windows, and HVAC.
5. Where can I find the exact historical sold price?
The listing provides an estimated sold price range from 2017. For the precise sale history, you can request the exact data via email from the listing service, which provides it manually without using your email for unsolicited marketing.