Property Overview: 448 De La Seigneurie Boulevard, Island Lakes
Section 1: Key Characteristics & Appeal
This well-situated home in Island Lakes presents a compelling blend of space, value, and established community living. Its key characteristic is its above-average living space (1,847 sq ft), which places it comfortably within the top tier of homes both on its street and citywide. The fully renovated basement adds significant functional space. While the lot size is typical for the immediate boulevard, it is more compact compared to the broader Island Lakes area, suggesting a lower-maintenance yard.
The appeal lies in its strong value proposition and move-in readiness. The home’s assessed value ranks in the top 6% on its street, indicating it is viewed as a premium property in its direct vicinity. Recent sale data shows a clear and substantial appreciation in value over the past decade. The 2002 build date offers a modern layout and systems without the potential issues of much older homes, yet it’s established within a mature, tree-lined neighbourhood.
This property would ideally suit practical buyers looking for space without excessive upkeep—growing families or professionals who want a generous interior and a renovated basement for living or entertainment, but who prioritize a manageable outdoor space. It’s also a sensible choice for value-conscious buyers who appreciate a home with a demonstrated history of equity growth in a stable, popular neighbourhood.
Section 2: Frequently Asked Questions
1. How does the lot size compare to the rest of Island Lakes?
While the lot is average for De La Seigneurie Boulevard, it is smaller than the typical lot in the wider Island Lakes community. This translates to less yard maintenance, which can be a benefit for many buyers.
2. What does the "Top 6%" assessed value ranking on its street mean?
This indicates that according to municipal assessment, this home is valued higher than 94% of comparable properties on its own street. It suggests the home is considered one of the more desirable properties on the boulevard, likely due to its size, renovations, or positioning.
3. Has the home’s value increased over time?
Based on available sale price ranges, the home has seen significant appreciation. It sold in the range of $405k-$435k in 2016 and in the range of $575k-$605k in 2024, reflecting strong market growth for this specific property.
4. Is the home older or newer than most in Winnipeg?
Built in 2002, the home is newer than the average Winnipeg house (average year built 1966). It is also slightly newer than the average for Island Lakes, offering modern construction while being part of a well-established neighbourhood.
5. What is the living space like compared to nearby homes?
With 1,847 sq ft of living area, this home is notably larger than the average home on its street, in Island Lakes, and across Winnipeg. It offers above-average interior space, which is a key feature.