Property Overview: 95 Myles Robinson Way, Island Lakes, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This two-storey home in Island Lakes is a study in contrasts, offering a practical and updated living space within a well-established neighbourhood. Its key characteristic is a recently renovated basement, adding valuable finished square footage to the home. With 1,829 sqft of living area, the house is notably spacious compared to the Winnipeg average, yet it sits on a more modest, manageable lot for the immediate street.
The appeal lies in its positioning as a "right-sized" home. It provides ample interior room for a family without the upkeep of an oversized property. The 1990 build date means it’s newer than most city homes, potentially implying fewer major age-related concerns than much older stock. From an investment perspective, its assessed value is strong city-wide, suggesting solid fundamentals, though it's priced more accessibly within its own desirable neighbourhood of Island Lakes.
This property would best suit practical buyers who prioritize interior space and modern updates over expansive outdoor land. It’s ideal for a young family seeking a move-in ready home in a mature community with good schools and amenities, or for downsizers who still want generous living areas without the burden of a massive yard. The lack of a garage is a trade-off for the location and value.
Frequently Asked Questions
1. How does the lot size compare?
While the 6,681 sqft lot is above average for both Island Lakes and Winnipeg overall, it is below the average for Myles Robinson Way itself. This means you get a very manageable yard, but not the largest property on the block.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing is essential to assess the quality of the renovation, its ceiling height, and whether it includes a legal secondary suite or additional bedrooms.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value of $50.40k is for taxation purposes. The historical sold price data from 2016 shows a range of $36.50k-$39.50k, but the market has changed significantly since then. Current sale prices are determined by market conditions and should be verified with a recent comparative market analysis.
4. What are the implications of not having a garage?
Parking will be limited to the driveway and street. This is a common feature in many older Winnipeg neighbourhoods but requires consideration for vehicle security, winter snow clearing, and storage needs. The neighbourhood's low crime rate may offset some security concerns.
5. How does the age of the home affect maintenance?
Built in 1990, the home is past the 30-year mark when some major components (like the roof, windows, or HVAC) may be due for replacement or significant servicing. A thorough home inspection is recommended to evaluate the condition of these key systems.