Property Overview: 78 Captains Way, Island Lakes
Key Characteristics & Appeal
This two-storey home in Island Lakes presents a compelling blend of space, location, and modern readiness. Built in 2005, it sits on a generous 7,129 sqft lot, which is notably larger than most in the immediate area. The living space of 2,211 sqft ranks well above average for the neighbourhood, offering ample room for family life. A key feature is the renovated basement, adding functional living area, and the home includes an attached garage.
Its appeal lies in its established yet well-maintained stature within a sought-after community. The data suggests a home that consistently performs above the median benchmark for its street, neighbourhood, and city across key metrics like living area, lot size, and assessed value. This isn't just a standard home in the area; it's one that offers more space and land relative to its peers. The thoughtful renovation of the basement adds immediate utility without the need for a major project.
This property would ideally suit growing families or professionals seeking established community benefits with above-average interior and exterior space. It also appeals to the value-conscious buyer who appreciates a home that stands out in its peer group for tangible metrics like lot size and living area, suggesting a solid long-term investment within a stable neighbourhood.
Frequently Asked Questions
1. How does the property's value compare to recent sales?
Based on available data, the home last sold in August 2022 for an estimated range of $655,000 to $685,000. Its current assessed value is $568,000. It's important to note that assessed value is for tax purposes and market value is determined by current conditions.
2. What is the significance of the "above average" rankings?
The rankings show how this home compares to similar properties. For example, its living area is in the top 13% on its own street and top 4% in all of Island Lakes, meaning it offers more interior space than the vast majority of comparable homes.
3. Is the lot size typical for Island Lakes?
No, the lot is a standout feature. At over 7,100 sqft, it is significantly larger than the average lot on Captains Way (~5,069 sqft) and ranks in the top 8% on the street, offering more private outdoor space than most nearby properties.
4. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and scope of the renovation.
5. Can I get the exact historical sold prices?
The precise sale prices are not publicly displayed. The listing service offers to provide the exact figures via email upon request, which they handle manually without using the contact for unsolicited marketing.