Property Overview & Key Characteristics
30 Captains Way is a well-maintained, two-story home built in 2005, offering 1,684 sqft of living space with a renovated basement and an attached garage. Situated on a 4,617 sqft lot in the established Island Lakes neighbourhood, it presents a balanced, move-in-ready option.
Its primary appeal lies in its solid positioning within a desirable area. The home is newer than most in Winnipeg, offering modern construction without the premium of a brand-new build. The renovated basement adds immediate functional space. While the lot size is slightly more compact compared to others in Island Lakes, this often translates to less yard maintenance. The property’s assessed value and recent sold price indicate it is a stable, mid-market home that performs well against city-wide averages.
This home would suit practical buyers looking for a comfortable family home in a mature neighbourhood without major renovation projects. It’s ideal for those who value a modern(ish) build year and finished living space over a sprawling yard. It also represents a sensible entry point into the Island Lakes area for buyers who find larger lots or newer homes in the community financially out of reach.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is consistently around the neighbourhood average for key metrics like living area and assessed value. Its 2005 build year, however, is newer than most on Captains Way, placing it in the top 25% for age on the street.
2. Is the lot size a disadvantage?
While the lot is below the Island Lakes area average, it is near the city-wide average. This typically means lower maintenance and can be a benefit for buyers seeking a manageable yard. The lot is still a good size for patios, gardens, or play areas.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it’s a casual rec room, a proper guest suite, or includes additional facilities.
4. How stable has the property's value been?
The home sold in mid-2024 for a price consistent with its assessed value, suggesting the market recognizes its worth. Its assessed value is above average city-wide, indicating it holds its value well in the broader Winnipeg context.
5. Who are the most likely neighbours?
Given the home’s age and the maturity of the Island Lakes community, you can expect a mix of long-term residents and growing families. The consistent build era (early 2000s) on the street often leads to a neighbourhood with similar life-stage demographics.