Property Overview: 150 Desjardins Drive, Island Lakes, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home in the established Island Lakes neighbourhood. Its key characteristic is balance: it sits on a slightly above-average citywide lot of over 6,000 sqft, yet the living space is a modest 1,061 sqft, making it one of the smaller homes on its own street. This combination suggests a manageable home with generous outdoor space. The basement is noted as renovated, adding functional living area. Built in 1993, it is a newer construction compared to most Winnipeg homes and is the newest on its block—a less obvious advantage that can mean updated building standards and potentially fewer major component replacements in the near term.
Its appeal lies in its position as an efficient, entry-level property in a desirable area. It suits first-time buyers or downsizers seeking a low-maintenance, single-level layout in a mature neighbourhood with a sizable yard. The recent sale history indicates steady value appreciation, appealing to those looking for a stable investment. It’s likely not for those seeking abundant interior square footage, but rather for buyers who prioritize location, lot size, and a modernized foundation over a large footprint.
Frequently Asked Questions
1. Is this a small house?
Yes, at 1,061 sqft, it is below the average size for both Island Lakes and its immediate street. The living space is compact, but the renovated basement and larger-than-average lot provide balance.
2. How does its assessed value compare?
The assessed value is around average for its street and neighbourhood but ranks above average citywide. This typically reflects the desirability of the Island Lakes area compared to the broader Winnipeg market.
3. What does "newest on the block" mean for me?
Built in 1993, this home is newer than most on Desjardins Drive. Practically, this can suggest newer infrastructure (like plumbing and electrical) and may delay the need for costly updates that older homes often require.
4. Has the property value increased?
Based on available sale data, the property sold for significantly more in 2024 than it did in 2020, indicating a strong increase in market value over that period.
5. What is the neighbourhood like?
Island Lakes is a mature, family-friendly neighbourhood in Winnipeg known for its lakes, pathways, and parks. This home is centrally located within it, close to nearby schools and amenities.