Property Overview: 90 Tidal Cove, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained, one-storey home in the established Island Lakes neighbourhood offers practical, single-level living. With 1,480 sqft of living space and a renovated basement, it provides comfortable room for a small family or those looking to downsize without sacrificing space. The attached garage adds everyday convenience. Built in 1987, the home is notably newer than many in Winnipeg, which can suggest more modern construction standards and potentially fewer major age-related concerns in the near term.
Its appeal lies in its balance and established setting. The home sits on a manageable 6,277 sqft lot, requiring less yard maintenance than larger properties in the area. The data indicates its assessed value ranks highly compared to both its immediate street and the wider city, suggesting it is perceived as a solid asset within its market segment. It would suit first-time buyers seeking a move-in-ready home in a mature community, or empty-nesters looking for a manageable property with the flexibility of a finished basement for guests or hobbies. A less obvious perspective is that its "above average" assessment for the street could indicate it has been better maintained or updated than some direct neighbours, offering a relative sense of security in the investment.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,480 sqft, the living area is very close to the average for both Tidal Cove and the broader Island Lakes area, making it a typical, mid-sized home for this community.
2. Is the assessed value high for the area?
Yes. The assessed value of $47.3K ranks in the top 28% on its own street and top 24% citywide, indicating it is valued above average compared to many peers, which often reflects the home’s condition, updates, or desirable attributes.
3. What does the lot size mean for maintenance?
The lot of 6,277 sqft is smaller than the average on Tidal Cove but is close to the citywide average. This typically translates to less time and cost spent on yard upkeep compared to properties with larger lots.
4. The home was built in 1987. What should I consider?
While 39 years old, it is newer than 75% of homes in Winnipeg. This age means major components like the roof, windows, and furnace may have been replaced already, but a thorough inspection is still crucial to understand the current state of these items.
5. What is known about recent sale prices?
Public data shows a sale occurred in August 2022 in the range of $48.50K to $51.50K. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.