Property Overview: 47 Langton Drive, Island Lakes
Section 1: Key Characteristics & Appeal
This well-situated 1995 bungalow in Island Lakes offers a compelling blend of space and location. Its key characteristic is an exceptionally large lot—over 10,800 sqft—which ranks in the top 5% for the neighbourhood and city. This provides rare potential for expansion, gardening, or private outdoor living in a mature community. The home itself, with 1,524 sqft of living space, is above the citywide average and sits on par with others in the immediate area.
The appeal lies in this land value and the established, family-friendly Island Lakes neighbourhood. The home presents a solid foundation; the basement exists but is not renovated, offering a blank canvas for future development. Its assessed value is consistently above average across street, neighbourhood, and city comparisons, indicating a strong underlying value proposition.
This property would best suit a buyer who prioritizes land size over a move-in-ready finish. It’s ideal for someone with a vision to renovate or extend over time, or for families seeking a large, secure backyard. It also represents a strategic entry into a desirable area where the land itself is a significant and appreciating asset.
Section 2: Frequently Asked Questions
1. What does "basement yes, not renovated" mean?
It confirms the home has a basement, but it is in an unfinished or original state. Any development would be up to the new owner, which should be factored into renovation plans and budgets.
2. How does the lot size compare to others?
It is a standout feature. At 10,838 sqft, the lot is more than double the average size on Langton Drive and significantly larger than most in Island Lakes and Winnipeg, offering uncommon space and privacy.
3. The sold price history shows a range. What was the exact price?
For precise sold price data, you can request it via email on the listing page. The service is provided manually to ensure accuracy, with a commitment to respond promptly and without unsolicited marketing.
4. Is the home’s condition reflected in the assessed value?
The assessed value is strong relative to peers, suggesting the property’s value is anchored by its location and lot size. However, assessment doesn’t detail interior condition, so a viewing and inspection are essential to understand any needed updates.
5. What is the neighbourhood like for families?
Island Lakes is a mature, established community with parks, waterways, and amenities. The property’s location on a quiet drive, near other similar homes, aligns with a classic suburban family setting.