Property Summary: 576 Island Shore Boulevard, Island Lakes, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 2003, making it notably newer than most properties on its street and in the wider Island Lakes area. With 1,239 sqft of living space and a renovated basement, it offers modern, single-level living. The home sits on a standard-sized lot for the street and features an attached garage.
Its primary appeal lies in its relative modernity within a mature neighbourhood, offering move-in readiness with recent updates. The property presents a balanced profile: its assessed value is strong citywide, yet it remains in line with local averages, suggesting a fair market position. It would particularly suit first-time buyers or downsizers seeking a manageable, updated home without the maintenance concerns of an older property, or investors attracted to a newer asset in an established community. A thoughtful perspective is that while the lot is smaller than the Island Lakes average, this translates to less yard upkeep, which can be a practical advantage for many buyers today.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,239 sqft, the living area is slightly below the average for the Island Lakes neighbourhood but is very close to the citywide average for homes. On its own street, it ranks in the top 60% for size.
2. Is the assessed value typical for the area?
Yes. The assessed value is around average for both Island Shore Boulevard and the Island Lakes area. Citywide, however, it ranks in the top 27%, indicating a relatively strong assessment compared to homes across Winnipeg.
3. What is the significance of the 2003 build year?
The 2003 construction date is a key feature. It is the newest home on Island Shore Boulevard (ranking #1 of 77) and is significantly newer than the average home in both Island Lakes and Winnipeg, suggesting newer major components like roofing, windows, and HVAC systems.
4. What was the previous sale price?
The home sold in August 2019 for a price between $395,000 and $425,000. For the exact sale price, you can request the information via email from the listing source.
5. How does the lot size compare?
The lot is 4,828 sqft, which is standard for Island Shore Boulevard but below the larger average lot size found elsewhere in the Island Lakes neighbourhood. This means less private outdoor space than some area homes, but also less maintenance.