Property Overview: 90 Dockside Way, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home on a generous 8,463 sqft lot in Island Lakes stands out for its above-average scale and modern foundation. Built in 2003, it offers 2,335 sqft of living space, placing it in the top tier of homes locally—it ranks within the top 10% on its street and the top 4% city-wide for size. The home features an attached garage and a renovated basement, adding functional living area. Its assessed value consistently ranks in the elite tier for the neighbourhood, indicating a history of being a higher-value property in a desirable area.
The appeal lies in its combination of space, a contemporary build year, and a prime location within Island Lakes. It suits buyers looking for a move-in-ready family home that offers more room than the area average without requiring major updates. The substantial lot size provides ample outdoor space, a relative luxury in newer subdivisions. This property would particularly suit growing families or professionals seeking a established, spacious home in a sought-after community, with the added benefit of a finished basement for flexibility.
Frequently Asked Questions
1. How does this home compare to others in Island Lakes?
The home is notably larger than average for the neighbourhood, ranking in the top 2% for living area. Its assessed value also places it in the top 2% locally, confirming it as one of the more substantial properties in the area.
2. What is the significance of the sold price history shown?
The history shows the home has appreciated over its last three sales (2017, 2019, 2022), with each sale price ranking in a higher percentile compared to local and city-wide averages. This suggests a strong and growing market perception of its value.
3. Is the renovated basement a legal suite?
The listing specifies a "renovated basement" but does not indicate it is a legal secondary suite. Buyers should verify the permits and nature of the renovations with the seller and the city to understand its approved use.
4. What are the annual property taxes?
While the assessed value is provided ($67.30k), the exact annual tax amount is not listed. Taxes can be estimated by applying the current City of Winnipeg mill rate to the assessed value, but confirming with the seller or the city for the most recent tax bill is recommended.
5. Why is the city-wide average assessed value in the data so different?
The city-wide average assessed value shown (~$390k) seems to be a discrepancy in the provided data, as it doesn't align with the local figures. The more relevant comparisons are the local and street-level rankings, which consistently place this home's value in the top percentiles for Island Lakes and Dockside Way.