Property Overview: 74 Tidal Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home in Island Lakes offers a well-maintained and updated living space that stands out in its immediate neighborhood. With 1,617 sqft of living area, it is slightly larger than other homes on Tidal Cove and provides a renovated basement, an attached garage, and a private pool. Built in 1987, the home is among the newer properties on its street, and its assessed value is above average for both the street and the city overall, suggesting it has been well cared for or improved.
The primary appeal lies in its move-in readiness with modernized features, combined with the established, family-friendly atmosphere of the Island Lakes community. The private pool is a notable amenity for summer enjoyment. It’s worth noting that while the lot size (5,776 sqft) is smaller than most on its specific street, it is consistent with the broader neighborhood and city averages, resulting in manageable yard maintenance.
This property would best suit practical buyers looking for a turn-key home in a mature suburb. It’s ideal for a growing family seeking space and recreation, or for professionals who value a renovated interior and community amenities without the demands of a very large yard. It represents a solid, above-average offering on its street.
Frequently Asked Questions
1. How does the lot size impact the property?
While the lot is smaller than many on Tidal Cove, it is on par with the Island Lakes neighborhood average. This typically means less time and cost spent on yard upkeep, while still providing adequate private outdoor space for the pool and recreation.
2. What does the above-average assessment value indicate?
An assessed value ranking in the top 23% on its street and city-wide often reflects recent renovations, desirable features (like the renovated basement and pool), or overall superior condition compared to peers. It’s a positive indicator of the property’s maintained or improved state.
3. Is the pool a major factor for resale?
A private pool is a significant lifestyle amenity that appeals to many buyers, particularly families. However, it does require seasonal maintenance. It sets this property apart in the neighborhood and can be a strong selling point during warmer months.
4. How does the home’s age affect potential repairs?
Built in 1987, the home is nearly 40 years old. While it is newer than many city-wide comparables, prospective buyers should be mindful that major components like the roof, windows, and HVAC system may be approaching or have reached their typical lifespans and should be inspected.
5. What is the community and street like?
Island Lakes is an established, sought-after neighborhood known for its lakes, pathways, and community feel. Tidal Cove itself appears to be a mix of home sizes and vintages, with this property positioned as one of the more updated and valuable homes on the block.