Property Overview
This two-storey home at 120 Peres Oblats Drive in Winnipeg's Island Lakes neighbourhood presents a solid, well-sized family home built in 1990. Its key appeal lies in its above-average living space (1,734 sq ft) compared to most of the city and its immediate street, offering more room than many peers. The home features a renovated basement, adding functional space. While its assessed value is modest for the area, this can indicate a different property tax outlook compared to neighbouring homes. The lot is a standard size for the community. It suits buyers looking for a move-in-ready, spacious home in an established neighbourhood without the premium price tag of a newer build, and who value interior space over an oversized lot or garage.
Key Details & FAQs
What are the key characteristics and who is this home for?
This is a spacious, two-storey home from 1990 with a renovated basement, situated on a standard-sized lot in Island Lakes. Its primary appeal is its generous living area, which ranks in the top 30% on its own street and top 20% citywide, meaning you get more interior space than many comparable homes. The assessed value is notably lower than the Island Lakes average, which could be a point of interest for property tax considerations. It lacks a garage and a pool. This property would best suit practical buyers—growing families or those who work from home—who prioritize interior square footage and updated living spaces over premium lot size or having a garage. It’s a grounded choice in a mature neighbourhood.
Frequently Asked Questions
1. How does the home's size compare to others?
Very favourably. With 1,734 sq ft of living area, it is larger than about 80% of homes across Winnipeg and is also above the average for its own street in Island Lakes.
2. Why is the assessed value lower than the Island Lakes average?
The home's assessed value is in the bottom 25% for the Island Lakes area. This can be due to a variety of factors assessed by the city, and while it may suggest a different valuation approach, it can also influence annual property tax calculations.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and functionality of the space.
4. Is the lack of a garage a significant drawback?
This depends on buyer needs. For those with multiple vehicles or who value protected parking and storage, it is a consideration. The property does have a driveway, and many homes in older areas of Winnipeg manage without garages.
5. How can I get the exact historical sale price?
The listed sale price from 2016 is an estimated range. The provider, SaveOnHouse, offers to send the exact sale price via email upon request, stating they do not use the contact for unsolicited marketing.