Property Overview: 91 Ebb Tide Drive, Island Lakes
Key Characteristics & Appeal
This well-maintained home, built in 2005, offers a practical and modern living space in the established Island Lakes neighbourhood. Its key strength is its above-average condition and valuation within its immediate context. With 1,794 sqft of living space, it provides comfortable room for a family, while the renovated basement adds valuable, finished square footage. The attached garage is a practical asset for Winnipeg winters.
The appeal here is one of relative quality and maintenance. The home ranks significantly above average for its assessed value and year built, not just on its street but across the wider neighbourhood and city. This suggests a property that has been kept in good order and is valued accordingly by the assessor. It sits on a smaller lot (4,178 sqft), which is a trade-off: it means less yard maintenance but also less private outdoor space compared to many area homes. This profile suits buyers looking for a move-in ready, modern home without the footprint of a massive property—ideal for professionals, small families, or those seeking a low-maintenance lifestyle who still want the amenities and greenery of the Island Lakes area.
Frequently Asked Questions
1. Why is the assessed value so much higher than recent sold prices?
The sold price ranges shown are historical data from 2017 and 2021. The current assessed value of $570k reflects the municipality's valuation for tax purposes, which considers market trends, the home's condition, and improvements like the renovated basement. It indicates the home is considered a higher-value property in its peer group today.
2. What does "renovated basement" typically mean for a 2005 home?
In a home of this age, a renovated basement likely means the lower level was finished with proper insulation, drywall, flooring, and likely includes a recreational room, additional bedrooms, or a bathroom. It’s a significant upgrade from a basic, unfinished cellar, adding functional living space.
3. The lot size is noted as below average. How will this affect daily living?
The yard will be more compact, which reduces gardening and lawn care time. It may limit options for large additions like a sprawling deck or pool, but often creates a more manageable outdoor space. Privacy from neighbours could be slightly less than on larger lots.
4. How does this home compare to others on Ebb Tide Drive?
It ranks very well in key metrics. It’s in the top 9% for value and the top 3% for being a newer build on the street. While its lot size is smaller than most on the street, its overall living space and modern condition are strong positives.
5. Is the attached garage heated or insulated?
The listing specifies an attached garage but does not detail if it is heated or insulated. This would be an important point to clarify with the seller or listing agent, as it significantly impacts vehicle care in winter and potential workshop use.