Property Overview
This 2005-built home at 27 Evelyne Reese Boulevard in Winnipeg’s Island Lakes neighbourhood is a well-maintained property with a renovated basement and attached garage. Its key appeal lies in offering above-average space and value within its immediate area, presenting a practical and comfortable family living environment.
Key Characteristics & Ideal Buyer
The home’s primary strengths are its generous living space (1,603 sq ft, ranking in the top 29% on its street) and its larger-than-average lot for the specific street (4,111 sq ft). It stands out on Evelyne Reese Boulevard for its assessed value and living area, suggesting a solid investment relative to its direct neighbours. The renovated basement adds modern, functional space.
However, the perspective shifts when viewed within the broader Island Lakes community. Here, the lot size is notably smaller than the neighbourhood average, and the home is older than most, built in 2005. This creates a unique profile: a home that feels spacious and valuable on its own block but sits on a more compact, manageable parcel within the larger suburb.
This property would best suit buyers looking for a move-in ready home with ample interior space, who prioritize a good interior layout over a large yard. It’s ideal for a young family or professionals seeking a established, low-maintenance property in a desirable neighbourhood without the premium price tag of a newer build or an oversized lot. It represents a pragmatic choice for value-conscious buyers who want the Island Lakes address with efficient use of space.
Frequently Asked Questions
1. How does this home’s value compare to others in Island Lakes?
The assessed value is around the neighbourhood average, but it ranks higher in value on its own street. This indicates you are getting a home considered above-average for its specific location, though it is priced typically for Island Lakes as a whole.
2. Is the lot size a disadvantage?
While the lot is smaller than the Island Lakes average, it is actually larger than most on Evelyne Reese Boulevard. It offers a manageable yard with less maintenance, which could be an advantage for some buyers, though it may not suit those wanting extensive outdoor space.
3. What does the “renovated basement” include?
The listing confirms a renovated basement but does not specify the finishes or layout. We recommend this be a key question for the listing agent to understand the quality, permits, and added functionality (e.g., extra bedroom, living space, or suite potential).
4. The home was last sold in 2021. Why is the seller moving so soon?
The property sold in late 2021. While the public data doesn’t state a reason, such a short ownership period could be due to many life changes (job relocation, family needs). It’s a reasonable question to ask the seller’s agent.
5. How does the 2005 build year affect the home?
Built in 2005, the home is older than most in Island Lakes but is still a relatively modern build. Buyers should anticipate potential updates to elements like appliances, roof, or HVAC systems that are nearing a 20-year lifespan, but it avoids the major issues of much older homes.