270 Island Shore Boulevard

Property Overview

This single-storey home at 270 Island Shore Boulevard in Winnipeg's Island Lakes neighbourhood presents a specific value proposition. Built in 1987, it features 1,045 sqft of living space, a renovated basement, and a detached garage on a 4,002 sqft lot. Its key appeal lies in its relative affordability within a popular, established area. The assessed value of $380k is notably below the local neighbourhood average, positioning it as a more accessible entry point into Island Lakes.

The home suits first-time buyers or downsizers seeking a manageable footprint without a major renovation project, thanks to the updated basement. Its size and lot are modest compared to most homes on its street and in Island Lakes, which typically offer larger properties. This creates a practical, lower-maintenance option in a community known for its lakes and pathways. A thoughtful perspective is that while the home ranks below area averages for size and value, it sits close to the city-wide average for assessed value, suggesting you're paying primarily for the location and community amenities rather than for a large physical structure.

Frequently Asked Questions

1. How does the home's value compare to the area?
The home's $380k assessed value is below the average for both Island Shore Boulevard and the wider Island Lakes neighbourhood, but is close to the average for the entire city. This indicates it is priced accessibly for the area.

2. What should I know about the property size?
At 1,045 sqft, the living area is smaller than most homes in the immediate vicinity and Island Lakes. The lot size of 4,002 sqft is also more compact than neighbourhood norms, which typically feature larger yards.

3. Is the basement finished?
Yes, the basement has been renovated, adding to the liveable space and representing a move-in-ready feature.

4. What is the home's historical sales context?
Public data indicates a sale occurred in July 2022 within a broad price range. For the exact historical sold price, you can request the information directly via the provided email service.

5. Who would this property be best for?
It's well-suited for buyers prioritizing location and community amenities over square footage, such as first-time homeowners entering a desirable area or empty-nesters looking to downsize while staying in a familiar neighbourhood with extensive pathways and green space.