Property Overview: 51 Quayside Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This single-storey home at 51 Quayside Cove is a notably well-situated property within its immediate neighbourhood. Built in 1992, it is the newest home on Quayside Cove, offering modern construction relative to its direct peers. With 1,143 sqft of living space and a renovated basement, it provides functional, single-level living. The lot is a generous 6,067 sqft, providing ample outdoor space that is above average citywide.
The primary appeal lies in its strong positioning within a established, desirable area like Island Lakes. Its assessed value ranks highly on its own street, suggesting it is perceived as a premium property in that specific locale. This creates an interesting value proposition: a home that stands out on its cul-de-sac or crescent, while being priced accessibly within the broader Winnipeg market. It would suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighbourhood with a large yard. The renovated basement adds flexible space for a growing family, a home office, or guests.
A less obvious perspective is that this home represents a "street-level standout." Buyers aren't just purchasing into Island Lakes, but into one of the best-maintained and most recently built homes on this specific water-access street. The historical sale data indicates steady value appreciation, pointing to its enduring desirability.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
Its assessed value is in the top quarter (Top 24%) of all homes on Quayside Cove, meaning it is officially valued higher than most direct neighbours, though it sits below the average for the wider Island Lakes area.
2. Is the living space smaller than average?
Yes, the living area is below the average for Island Lakes. However, it is very close to the average size for homes on Quayside Cove itself and for Winnipeg citywide, making it a typically-sized home in a broader context.
3. What does the "newest home on the street" ranking mean?
With a build year of 1992, this home ranks #1 out of 41 properties on Quayside Cove for being the most recently built. This often implies newer major systems (like plumbing, electrical, or roofing) compared to older neighbouring homes.
4. What is included in the "renovated basement"?
The listing confirms a renovated basement exists, but the specific scope, quality, and permits for this renovation are not detailed here. This would be a key point for buyer due diligence and inspection.
5. Where can I find the exact historical sold prices?
The exact sold prices are not publicly displayed. The site provides estimated sale ranges and offers to send the precise figures directly via email upon request, at no cost and with no marketing spam.