Property Overview
This is a well-maintained, single-storey home built in 1996, situated on a quiet boulevard in the established Island Lakes neighbourhood. With 1,501 sqft of living space and a renovated basement, it offers comfortable, single-level living. The home features an attached garage and sits on a standard-sized lot of just under 5,000 sqft. Its assessed value is positioned above the Winnipeg city-wide average but is very typical for its immediate area, suggesting a stable and recognized worth within a desirable community.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance and practicality. It’s a home that performs solidly across key metrics—size, value, and location—without extreme peaks or valleys. The renovated basement adds functional living space, appealing to those who need room for a family, a home office, or guests. As a one-storey layout, it particularly suits empty-nesters, retirees, or buyers looking for long-term accessibility, but its size also accommodates young families.
Its thoughtful perspective comes from its context. While the lot size is slightly below the neighbourhood average, this often translates to less yard maintenance. The home’s age (1996) means major components may be nearing their update cycle, but it also comes from an era of reliable construction before some modern building shortcuts. It’s a home for a pragmatic buyer who values the mature trees and settled feel of Island Lakes over a brand-new development, and who sees a renovated basement as a immediate benefit rather than a project.
Frequently Asked Questions
1. How does this home’s value compare to others in Island Lakes?
Its assessed value is very close to the neighbourhood average, indicating it is priced consistently with the local market, neither overvalued nor undervalued for the area.
2. What are the implications of the home being built in 1996?
While structurally sound, a home of this age may require planned updates to major systems like the roof, windows, or HVAC in the coming years, which should be factored into budgeting.
3. Is the lot size a disadvantage?
At approximately 4,800 sqft, the lot is slightly smaller than some in Island Lakes but is very standard for the city overall. It offers manageable outdoor space with less upkeep than a larger lot.
4. What is the significance of the renovated basement?
This is a key feature that adds immediate, finished living space. It’s important to verify the quality of the renovation, whether permits were obtained, and its suitability for your needs (e.g., ceiling height, egress).
5. Who would this property suit best?
It is an excellent fit for buyers seeking a move-in ready, single-level home in a mature neighbourhood. It appeals to downsizers, first-time buyers needing the space a basement provides, and those who prefer a established community vibe over a new subdivision.