Property Overview: 107 Nordstrom Drive, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes presents a practical and comfortable living proposition. Built in 2007, it is a notably newer construction compared to most of Winnipeg’s housing stock, offering modern building standards without the premium often associated with brand-new builds. With 1,569 sqft of living space and a renovated basement, it provides functional room for a family. The attached garage and a standard residential lot round out the core features.
The appeal lies in its balanced position within a desirable, established neighbourhood. The data reveals a thoughtful perspective: while the home’s size is average for Island Lakes, it is above average city-wide, suggesting you get more interior space here than in many other Winnipeg areas for a similar investment. Its assessed value is currently below average for its immediate street, which could indicate a value opportunity within a consistent, well-regarded enclave. This property would suit first-time buyers or growing families seeking a turn-key home in a mature suburban community, who prioritize a modern(ish) build year and functional space over a premium lot size or top-tier square footage in the neighbourhood.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value is below the average on Nordstrom Drive itself. This could be due to a variety of factors, including specific lot placement, interior finishes, or the timing of assessments. It warrants a closer look to understand if it represents a relative value.
2. Is the living space sufficient for a family?
At 1,569 sqft plus a renovated basement, the home offers typical family-sized accommodations for the area. It ranks in the middle of the pack for Island Lakes but is larger than the average Winnipeg home, providing a comfortable footprint.
3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify—it could range from finished drywall and flooring to include additional bedrooms, a bathroom, or a legal suite.
4. How has the home’s value changed over time?
Public sale price data shows a significant increase from its 2018 sale to its 2023 sale, consistent with broader market trends. The exact sold prices are available upon request from the listing service.
5. Why is the build year (2007) considered a standout feature?
While 2007 may not seem recent, it places this home among the newest 2% of properties in Island Lakes and the newest 13% city-wide. This means major components like roofing, windows, and mechanical systems are likely younger than those in most comparable homes, potentially reducing near-term maintenance costs.