Property Overview: 35 Pynoo Place, Island Lakes, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home in Island Lakes presents a practical opportunity in a well-established neighbourhood. Built in 1987, it features 1,616 sqft of living space and a renovated basement. The home has an attached garage and sits on a 4,692 sqft lot.
Its primary appeal lies in its value positioning. While its living area and lot size are below average for its immediate street and the Island Lakes area, it stands out favourably in a city-wide context, offering above-average interior space compared to the typical Winnipeg home. The assessed value follows a similar pattern, being relatively modest for the neighbourhood but above average citywide. This suggests the property could be an accessible entry point into the desirable Island Lakes community, often known for its parks and lakes, without the premium price of a larger lot or newer build. The renovated basement adds immediate functional living space.
This home would suit first-time buyers or downsizers seeking the amenities and stability of a mature suburb. It’s also a pragmatic choice for value-focused buyers who prioritize interior space and updates over a large yard or the newest construction on the block.
Frequently Asked Questions
1. Is the below-average lot size a significant drawback?
While the lot is smaller than most on the street, it requires less maintenance. For buyers who prioritize indoor living space and a renovated basement over extensive outdoor space, this can be a fair trade-off.
2. How does the 1987 build year affect the home?
Homes from this era often have well-understood construction materials and layouts. While some original components may be nearing the end of their lifespan, this also means many major systems have been updated over time, like the renovated basement here.
3. The assessed value seems low for the area. Is that good?
A below-average assessment for Island Lakes generally indicates a lower property tax burden compared to neighbours, which is a financial positive. It often reflects the home’s specific characteristics (like lot size and age) within a higher-value area.
4. What’s the neighbourhood vibe of Island Lakes?
Island Lakes is a family-oriented, established suburb known for its network of pathways, lakes, and green spaces. It offers a quieter, residential feel with good access to community amenities.
5. Where can I find the exact historical sale price?
The exact sold price is not publicly displayed due to data privacy. You can request the precise sale history by emailing the listing service directly; they provide this detail manually without using your email for marketing.