Property Overview: 128 De La Seigneurie Boulevard, Island Lakes
Key Characteristics & Buyer Appeal
This four-level split home in Island Lakes presents a distinct value proposition centered on its generous lot and functional layout. Built in 1989, the 1,436 sqft home sits on a notably large 5,381 sqft lot for its street, offering more outdoor space than most immediate neighbors. The home includes an attached garage and a basement, which remains unrenovated, presenting a blank canvas for future expansion or customization. Its assessed value is positioned below average for the area, which can signal an accessible entry point into the well-regarded Island Lakes neighborhood.
The primary appeal lies in its balance of space and potential. The above-average lot size is a lasting asset in a mature community, ideal for gardening, play, or future additions. The home suits practical buyers—first-time homeowners, value-conscious families, or investors—who are comfortable with a property that has maintained its original condition. It’s for those who prioritize land and location over turn-key finishes, seeing the basement and any updating as a personal project rather than a drawback. A less obvious perspective is that its "below average" assessment for the street could provide relative property tax savings compared to neighboring homes, while still offering the community amenities and green spaces that make Island Lakes desirable.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. It primarily reflects the home’s original condition and market positioning rather than a fundamental issue. It can mean a lower property tax burden and presents an opportunity to increase value through updates.
2. What does "basement, not renovated" imply?
The basement is finished but remains in its original state. It’s functional space but will likely need cosmetic updates. Buyers should budget for potential improvements to fully realize its value.
3. How does the lot size compare practically?
At over 5,300 sqft, the lot is larger than most on the street. This translates to more private backyard space, which is a significant perk in this neighborhood and allows for flexibility that smaller lots do not.
4. What is the significance of the 4-level split style?
This design offers good separation of living and sleeping areas across multiple half-levels. It can be energy-efficient for zoning heat but may involve more stairs, which is a consideration for young children or mobility concerns.
5. Are recent sale prices on the street a good indicator for this home?
Nearby sales provide context, but this home’s value will be heavily influenced by its specific condition and lot size. Its unrenovated state and larger parcel make direct comparisons to recently sold, updated homes on standard lots less straightforward.