Property Overview: 95 Captains Way, Island Lakes
Key Characteristics & Appeal
This 2006-built, 1,516 sqft cabover-style home in Island Lakes offers a practical and modern living space. Its key features include a renovated basement and an attached garage. The home’s primary appeal lies in its relative newness compared to the broader Winnipeg market, positioning it as a well-maintained, turn-key property in a mature neighbourhood. The living space is efficient and above the city-wide average, though it is slightly more compact than many immediate neighbours on Captains Way.
The property would suit first-time buyers or downsizers seeking a low-maintenance home without major renovation needs. Its assessed value is very competitive for the area, suggesting good value within Island Lakes itself. A thoughtful perspective is that while the lot is smaller than the neighbourhood average, this translates to less yard upkeep, which can be a bonus for buyers prioritizing indoor living space and convenience over extensive outdoor space. The home represents a solid, middle-ground option: not the largest on its street, but newer than most and positioned in a stable, established community.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 1,516 sqft, the living area is above the Winnipeg city average but slightly below the average for Island Lakes and for Captains Way specifically. This indicates a efficient, manageable floor plan within a neighbourhood of generally larger homes.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is a municipal valuation for tax purposes. While it provides a benchmark, the final sale price is determined by the market. Recent nearby sales data should be consulted for a more accurate picture.
3. What are the benefits of the home’s newer construction (2006)?
A 2006 build typically means modern building codes, newer major systems (like plumbing and electrical), and potentially fewer immediate repair concerns compared to much older Winnipeg homes, which often date from the mid-20th century.
4. The lot is noted as smaller than the Island Lakes average. What does this mean?
The 4,405 sqft lot is below the neighbourhood average but close to the city-wide average. This means a more manageable yard for maintenance, but potentially less private outdoor space compared to some other homes in Island Lakes.
5. What is a “cabover” building type?
A cabover design typically features a second story that extends over part of the first-floor footprint, often creating a distinctive street-front appearance. It’s a common architectural style in many suburban neighbourhoods built in the last few decades.