Property Overview: 82 Ebb Tide Drive, Island Lakes, Winnipeg
Key Characteristics & Appeal
This well-maintained home, built in 2005, offers a practical and comfortable living space in the established Island Lakes neighbourhood. Its key appeal lies in its balance of above-average modern comforts and a manageable scale. With 1,825 sqft of living space, it sits comfortably above the average for both the street and the wider city, providing ample room without the upkeep of a much larger property. A recently renovated basement adds valuable, flexible space. The home’s assessed value is notably above average across all comparison levels, suggesting a perception of solid quality and desirability within its market.
The property suits buyers looking for a move-in-ready home in a mature neighbourhood, who value space and modern systems but don’t want an overly large yard or an older home requiring significant updates. It’s a strong fit for growing families or professionals seeking a quiet, settled area. A thoughtful perspective is that the lot size, while average for the street, is smaller than many in Island Lakes, which translates to less exterior maintenance—a potential hidden benefit for those prioritizing indoor living space and free time over extensive gardening.
Frequently Asked Questions
1. How does the home’s value compare to recent sales?
The home last sold in June 2022. Its current assessed value places it in the top 20% of comparable homes on its street and in Island Lakes, indicating its market standing has remained strong.
2. Is the basement renovation permitted?
Prospective buyers should verify with the listing agent or city records that all renovations to the basement were completed with the proper permits and inspections.
3. What is the typical demographic and atmosphere of Island Lakes?
Island Lakes is a mature, family-oriented neighbourhood with a network of pathways, parks, and water features. It appeals to those seeking a quiet, community-focused environment with convenient access to amenities.
4. Why is the lot size noted as “below average” for Island Lakes?
Many homes in Island Lakes were built on larger lots. This property’s lot is more in line with the city-wide average, which often means a more efficient use of outdoor space and less yard work.
5. What are the utility and property tax costs for a home of this size and assessment?
Buyers should budget for utility costs typical of a ~1,800 sqft, two-storey home built in the mid-2000s. Property taxes can be estimated based on the $542,000 assessed value and the current City of Winnipeg mill rate.