Property Overview: 428 Island Shore Boulevard, Island Lakes
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Island Lakes offers practical, single-level living. Built in 2001, it is notably newer than many homes in Winnipeg and within its own neighbourhood, suggesting modern construction standards and potentially fewer major upkeep concerns in the near term. The home features a renovated basement, adding valuable finished space to its 1,218 sqft footprint, and includes an attached garage.
Its primary appeal lies in its balance and efficiency. The property sits comfortably around average for its street and the city in terms of living and land area (4,469 sqft), meaning it avoids the premium for the largest lots or square footage but provides ample space. Interestingly, its assessed value ranks above average city-wide, which can indicate solid perceived value relative to the broader market. The home suits first-time buyers, downsizers seeking a manageable layout without stairs, or pragmatic investors looking for a turnkey property in an established neighbourhood. Its consistent, middle-of-the-road rankings suggest a property that is easy to understand and compare, without extreme features that might narrow its buyer pool.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in Island Lakes?
At 1,218 sqft of living area, this home is below the neighbourhood average. This can mean a more efficient layout and lower utility costs, but it’s important to ensure the space, including the renovated basement, meets your needs.
2. The assessed value seems low. Is that accurate?
The assessed value figures shown are for municipal tax purposes and are not market valuations. Market value is determined by recent sales of comparable homes. The key takeaway is that this home’s assessment ranks relatively high city-wide, which is a positive indicator.
3. What is the significance of the home being built in 2001?
A 2001 build date means major components like the roof, windows, and HVAC system are likely original or nearing the end of their typical lifespan. A pre-purchase inspection is advised to budget for any upcoming replacements, though the home is still newer than most in Winnipeg.
4. The lot seems smaller than others in Island Lakes. Is that a concern?
The lot is under 5,000 sqft, which is smaller than the Island Lakes average. This translates to less yard maintenance but also less private outdoor space. It’s a trade-off that appeals to those seeking a lower-maintenance property.
5. Where can I find the exact historical sale prices?
The listed sale prices are estimated ranges from public data. The exact sale prices are available by request from the listing service via email, which they provide manually without using your address for unsolicited marketing.