Property Overview: 120 De La Seigneurie Boulevard, Island Lakes
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes presents a balanced offering for buyers seeking established community value. Its key characteristic is a well-sized 1,688 sqft living area, which ranks above average for both the street and the city overall. The lot is a notable feature at over 5,380 sqft, providing generous outdoor space that is larger than most on the boulevard. The home includes an attached garage and a renovated basement, adding functional living space.
Its appeal lies in its position as a solid, move-in ready property within a mature and sought-after neighbourhood. While the 1988 build date means it's older than many on its street, it benefits from the established landscaping and settled feel of the area. The recent sale in mid-2023 suggests it has been well-maintained and is likely updated. This property would best suit practical buyers—growing families or professionals—who prioritize space, a quiet street, and community amenities over a brand-new build. It offers the chance to own a home with above-average interior and land size in a popular area without the premium price of a newer construction.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in Island Lakes?
Based on assessed value, this home sits around the middle range for the Island Lakes neighbourhood, but its living space is larger than many comparable homes. This suggests you may be getting more interior square footage for your dollar here.
2. The home was built in 1988. What should I consider?
While the home is older than many on its specific street, it is still newer than the average Winnipeg home. A pre-purchase inspection is especially important to assess the condition of major systems (roof, windows, HVAC) that may be nearing a typical lifespan, but the renovated basement is a positive update.
3. Is the lot size a major advantage?
Yes, particularly for the street. The lot is in the top 20% for size on De La Seigneurie Boulevard, offering more private outdoor space than most immediate neighbours, which is a valuable and less common find in established suburbs.
4. What can the 2023 sale price tell me?
The sold price range from July 2023 provides a recent market benchmark. It indicates the home was competitively priced at that time, selling above its assessed value—a common occurrence in active markets. For the most accurate figure, you can request the exact sold price history.
5. Who might this property not suit?
Buyers seeking a modern, open-concept layout or who prefer a brand-new home with contemporary finishes and no immediate renovation projects may find this property less appealing. It’s best for those who appreciate the character and space of an established home.