Property Overview: 307 De La Seigneurie Boulevard
Key Characteristics & Appeal
This 1997-built bi-level home in Island Lakes presents a compelling mix of space, value, and location. Its key characteristic is the generous 6,884 sqft lot, which is notably larger than most in the immediate area and across Winnipeg, offering ample outdoor potential. The home itself, at 1,259 sqft of living space, is more compact compared to others on the boulevard but is city-average in size and features a renovated basement. Recent sale history and a strong assessed value suggest it is positioned as a solid value proposition within the market.
Its appeal lies in this balance: you acquire a larger-than-average property in a well-established neighbourhood without a premium typically attached to such lots. It suits practical buyers looking for a manageable home with room to grow outdoors, whether for gardening, play, or future expansion. It would also appeal to value-conscious purchasers who prioritize land size and neighbourhood stability over having the largest house on the street. A less obvious perspective is that a home of this era on a large lot offers a "blank canvas" opportunity—it's modern enough to avoid major vintage home issues but old enough to be situated in a mature, leafy setting.
Frequently Asked Questions
1. How does the home's size compare to the neighbourhood?
While the living area is below the average for De La Seigneurie Boulevard itself, it is on par with the typical Winnipeg home. The trade-off is the significantly larger lot, which is in the top 10% for the street.
2. What does the assessed value indicate?
The assessed value is above average for both the street and city-wide, which generally reflects the property's overall market value, lot size, and condition relative to others. It's a useful benchmark, but the final sale price is determined by the current market.
3. Is the renovated basement included in the living area square footage?
Typically, finished basement space is not included in the official living area (main floor) calculation. The listing notes a renovated basement, which adds functional space but is reported separately.
4. What is the typical home like on this street?
Homes on De La Seigneurie Boulevard are generally larger in living area and newer than 307. This property stands out for having one of the largest lots on the street, making it a unique offering in that regard.
5. How stable have property values been here?
Based on available data, the property has appreciated between its 2019 and 2021 sales. Its value ranks consistently above average in broader comparisons, suggesting a history of stable value retention in the area.