Property Overview: 79 Langton Drive, Island Lakes, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Island Lakes offers practical, single-level living in a mature neighbourhood. Built in 1996, the home features 1,407 sqft of living space, an attached garage, and a renovated basement, presenting a move-in-ready canvas. Its assessed value consistently ranks above average for both its street and the wider city, suggesting a property that has been maintained well relative to its peers.
The appeal lies in its balance and stability. The lot size is typical for the area, providing manageable outdoor space without excessive upkeep. Notably, while the home's living area is slightly below the neighbourhood average, its value assessment outperforms it—a point that may intrigue value-conscious buyers looking for a solid asset in a desirable area without paying a premium for maximum square footage. It would suit first-time buyers seeking a ready-to-live-in home, downsizers looking for a manageable single-level layout, or long-term investors attracted to a stable, family-oriented community with consistent valuation trends.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above average for Langton Drive and ranks in the top 22% citywide, indicating it is valued higher than many comparable properties, which often reflects updates, condition, or desirable lot placement.
2. Is the living space smaller than other homes in Island Lakes?
Yes, at 1,407 sqft, it is slightly below the Island Lakes average. However, it is very close to the average size for its specific street and is actually above the citywide average for living area, offering a comfortable footprint for a one-storey layout.
3. What does the sold price history indicate?
The home sold most recently in mid-2024. The data shows a significant increase in its sold price ranking compared to its 2019 sale, moving from below-average to well-above-average rankings in its area. This suggests a strong appreciation trajectory, likely due to renovations or market factors.
4. What is the neighbourhood like?
Island Lakes is an established, family-friendly neighbourhood with a network of streets, crescents, and nearby amenities. The property data shows homes here are typically newer than the Winnipeg average, and lot sizes are generally generous.
5. Who should consider this property?
This home is a strong candidate for buyers who prioritize a modernized, low-maintenance layout on one level and value financial metrics that show a history of above-average assessment. It may be less suitable for those seeking a very large lot or maximum square footage relative to the neighbourhood.