82 Smuggler'S Cove

Property Overview: 82 Smuggler's Cove, Island Lakes

Key Characteristics & Buyer Profile

This two-storey home in Island Lakes presents a practical opportunity in a well-established neighborhood. Built in 1989, it is notably one of the newer homes on its own street. The 1,354 sqft living area is modest compared to many homes in the immediate area and Island Lakes, but it aligns closely with the average Winnipeg home size, suggesting an efficient, manageable layout. It features an attached garage and a renovated basement, adding valuable finished space. The lot is a standard size for the area at just over 5,600 sqft.

The appeal here is grounded in value and stability. With an assessed value of $410,000, it sits in a more accessible price tier within Island Lakes, a neighborhood where many homes are assessed higher. This creates an entry point into a desirable area known for its lakes and pathways. The renovated basement and newer build date (for the street) are key functional benefits, potentially reducing immediate upgrade costs.

This property would best suit first-time buyers or downsizers seeking a foothold in a mature, amenity-rich community without a premium price tag. It’s for those who prioritize location and a move-in-ready basement over having above-average square footage. A thoughtful perspective is that its "below average" size and value within the immediate vicinity are precisely what make it accessible, offering the community benefits without the typical community price.

Frequently Asked Questions

1. Is this home a good value compared to its neighbors?
Based on assessed value, this home is ranked below average for both Smuggler's Cove and the wider Island Lakes area, meaning it is assessed lower than many comparable homes nearby. This can indicate a potentially more affordable entry point into the neighborhood.

2. How does the living space compare to a typical Winnipeg home?
At 1,354 sqft, the living area is very close to the Winnipeg city-wide average for comparable homes. While it is smaller than many homes in Island Lakes, it offers a space-efficient footprint that aligns with typical family needs across the city.

3. What does the "newer build date" for the street mean?
Built in 1989, this is one of the newest homes on Smuggler's Cove. In an older city like Winnipeg, a home from the late 80s may have modern features and systems that some older homes in the area do not, potentially easing renovation concerns.

4. What is included in the "renovated basement"?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the quality and functionality of the space.

5. How current is the sold price history shown?
The last recorded sale was in June 2022, with a price range provided. For the exact sold price and a complete history, you must request the information directly via the provided email service, as this data is manually verified.