Property Overview: 301 De La Seigneurie Boulevard, Island Lakes
Key Characteristics & Appeal
This bi-level home in Island Lakes is a practical property that balances established community living with clear value. Built in 1996, it features 1,274 sqft of living space, a renovated basement, and an attached garage on a 5,059 sqft lot. The data reveals a home that is modest in size for its immediate street and neighbourhood, but its assessed value and lot size are competitive advantages. Specifically, the lot is larger than many on the same street, offering above-average outdoor space potential for the block.
Its primary appeal lies in its position as a solid, entry-level or downsizing option in a mature, family-friendly area. The renovated basement adds functional living space, making it suitable for those who need flexibility. This home would best suit first-time buyers seeking a foothold in a desirable neighbourhood without a premium price tag, or practical-minded buyers who value a larger lot and updated fundamentals over a larger footprint. It’s a property where the value is derived more from its land and location within Winnipeg than from the size of the house itself.
Frequently Asked Questions
1. How does this 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, but is close to the citywide average. It’s a more compact home, which is reflected in its accessible price point.
2. What is the significance of the assessed value rankings?
The assessed value is around average for the street and neighbourhood, but ranks in the top 25% citywide. This suggests the property holds its value well compared to many homes across Winnipeg, often a sign of a stable location.
3. Is the lot a good size?
Yes, particularly for the street. The lot is over 5,000 sqft, which is above average for De La Seigneurie Boulevard. This is a notable feature, providing more private outdoor space than many direct neighbours.
4. What can past sale prices tell me?
The home sold previously in 2016 and 2019. The data shows the 2019 sale price was in a higher percentile ranking than the 2016 sale, indicating a positive trend in its market position at that time.
5. Who are the most comparable neighbours?
The most direct comparisons are the similar-sized homes on the same street, like 300 De La Seigneurie, which is nearly identical in age and assessed value but offers slightly more living space.