Property Overview: 279 De La Seigneurie Boulevard, Island Lakes
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Island Lakes presents a distinct profile. Built in 1997, its key feature is an exceptionally large, private lot of over 7,000 sqft—a standout in the neighbourhood that offers significant outdoor space and potential. The home itself, at 1,217 sqft with a renovated basement and attached garage, is functional and updated. Its assessed value is positioned below the immediate area average, which can indicate a more accessible entry point into a desirable neighbourhood.
The appeal lies in this balance of space and value. It suits practical buyers who prioritize land size over a large interior footprint, such as young families seeking room for children to play, gardening enthusiasts, or those planning future additions. It’s also a sensible option for downsizers looking for single-level living without sacrificing yard privacy. A less obvious perspective is its appeal to value-conscious investors or homeowners who see the lot size as a long-term asset, where the land itself may hold or increase in value independently of the home's modest interior metrics.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area is below the average for both De La Seigneurie Boulevard and the wider Island Lakes neighbourhood. However, it is close to the city-wide average, indicating a more compact interior layout that is balanced by the large property lot.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is a starting point for municipal tax purposes, not a market valuation. This home’s assessed value is below the local area averages, but market conditions, the home’s updated basement, and its premium lot size will be the primary drivers of the final sale price.
3. What does the large lot size mean practically?
At over 7,000 sqft, the lot is significantly larger than most on the street and in Island Lakes. This provides ample space for gardening, recreation, patios, or potential future projects like a shed or deck. It also offers a greater sense of privacy and distance from neighbours.
4. The home last sold in 2017. What might have changed since then?
The primary update noted is a renovated basement, which likely occurred after the 2017 sale. Prospective buyers should inquire about the scope and permits for this renovation, as well as any other updates to major systems (roof, HVAC, windows) in the intervening years.
5. What is the neighbourhood like, and what are the nearby amenities?
Island Lakes is a mature, family-oriented neighbourhood in Winnipeg known for its parks, ponds, and pathways. It typically offers good access to schools, shopping plazas, and recreational facilities. The specific location on De La Seigneurie Boulevard provides quiet, residential living.