Property Overview: 2 Corbeil Place, Island Lakes, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home in the established Island Lakes neighborhood. Built in 1992, its key characteristic is balance: it offers a functional 1,460 sqft layout with a renovated basement and an attached garage on a notably generous, nearly 6,000 sqft lot for its immediate street. While the living space is modest compared to some neighbors, the property holds its own with an above-average assessed value citywide. Its appeal lies in this equilibrium—it’s a solid, no-fuss home in a mature area without the premium lot size or square footage of the neighborhood's largest properties. The renovated basement adds practical living space.
This home would suit practical buyers looking for a manageable single-level layout in a family-friendly community, or those who value a larger yard for gardening or outdoor space within a suburban setting. It’s a candidate for someone seeking a home that is city-wise a strong value, offering more land than typical for the street, without being the biggest house on the block.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,460 sqft, the living area is below the average for both Corbeil Place and the wider Island Lakes neighborhood, but is close to the average for the entire city. It’s a comfortably sized home, though not as spacious as some larger models in the community.
2. What does the assessed value tell us?
The assessed value is around average for the street and neighborhood, but ranks above average compared to all Winnipeg homes. This suggests the property is viewed as a stable asset with a value that holds up well in a citywide context.
3. Is the lot size a significant feature?
Yes. The lot of 5,993 sqft is the largest among the 13 comparable properties on Corbeil Place. This is a distinct advantage, offering more private outdoor space than most direct neighbors, which is a valued and less common find in established subdivisions.
4. What is the significance of the home being built in 1992?
Built 34 years ago, this is actually the newest home among its direct street comparables. In the context of Winnipeg’s older housing stock, it is also above average citywide. This means major components may be younger than those in many other city homes, though buyers should still expect routine maintenance for a home of this age.
5. Where can I find the exact historical sale price?
The provided sale price history shows estimated ranges. To obtain the precise sale price from October 2020, you can request it via email through the listing page. This service is provided manually with a commitment to privacy and no unsolicited marketing.