424 Island Shore Boulevard

Property Overview

This well-situated home at 424 Island Shore Boulevard in Island Lakes presents a compelling blend of space, modern updates, and strong value positioning within its community. Built in 2001, it offers a renovated basement and an attached garage.

Key Characteristics & Appeal

The home’s primary appeal lies in its above-average living space and standout assessed value. With 1,649 sqft, it offers more room than most comparable homes on its street and across Winnipeg. Its assessed value of $53.80k ranks in the elite top 4% on Island Shore Boulevard, suggesting a very favourable valuation relative to its immediate neighbours, which can be attractive for equity and investment.

The renovated basement adds functional, modern living space. While the lot size is somewhat smaller than the Island Lakes average, this often translates to less yard maintenance. The home suits buyers looking for a move-in ready property with updated features in a mature, established neighbourhood. It’s particularly well-matched for those who prioritize interior space and proven value over a large yard, and for owners who appreciate a home that stands out positively in its direct vicinity for its valuation metrics.

Frequently Asked Questions

1. What does the "elite" assessed value ranking mean for me?
This indicates the home’s official assessed value is among the highest on its street. It can reflect desirable features or improvements and often suggests strong potential equity, but it’s important to review recent comparable sales for current market context.

2. Is the smaller lot size a significant drawback?
It depends on your priorities. The lot is near the city-wide average but below the norm for Island Lakes. This typically means less outdoor maintenance, but also less private yard space compared to some neighbours.

3. The home was last sold in 2017. What should I consider?
A nearly eight-year ownership period suggests stability in the home’s history. It’s wise to ask what renovations or updates were completed during this time, as the basement renovation is already noted.

4. How does the living area compare to nearby homes?
The home ranks in the top 16% for living area on its street. Simply put, it is larger than most homes directly around it, offering more interior space than the immediate average.

5. The provided sold price is a range. How can I get the exact figure?
The exact sold price from 2017 is available upon request from the listing service. You can provide your email to receive it; they state this is done manually without using your information for unsolicited marketing.