Property Overview
16 De Caigny Cove is a spacious, well-established two-storey home in Winnipeg’s Island Lakes neighbourhood. Built in 1992, it features over 2,200 square feet of living space, a renovated basement, an attached garage, and sits on a large, private lot of nearly 10,000 square feet. Its consistent appeal is rooted in its above-average size and land area compared to most homes on its street, in the area, and across the city.
Key Characteristics & Appeal
This home’s primary strength is its generous scale and established presence. The living area places it in the top 3% of homes in Island Lakes, offering significant interior space for a growing family or those who value room to spread out. The lot size is also a standout feature, providing ample outdoor privacy and potential—a rarity in many newer subdivisions. With a renovated basement and an attached garage, it offers practical, modern comforts within a mature neighbourhood setting.
The property would suit buyers looking for a substantial family home without the premium of a brand-new build. It’s ideal for those who prioritize interior space and a larger yard over a recently constructed property. The data suggests it consistently commands respect in the market, with sold prices historically ranking in the top tiers for the area. A thoughtful perspective is that this home represents a "sweet spot" of maturity—the neighbourhood and landscaping are well-established, yet the home is not so old that major systemic replacements are immediately looming. It appeals to the buyer who sees value in proven communities and solid, spacious layouts over brand-new but potentially smaller lots.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
The living area of 2,266 sq ft is notably larger than average. It ranks in the top 8% on its own street, the top 3% in Island Lakes, and the top 5% citywide.
2. What is the significance of the lot size?
At 9,573 sq ft, the lot is substantially larger than most. It’s about 50% bigger than the average lot in Island Lakes, offering greater outdoor space and privacy.
3. How have its past sale prices performed?
Recent sale prices have consistently ranked in the top tier for the area, indicating strong market recognition for its size and location.
4. Is the assessed value a good indicator of the home’s market position?
Yes. The assessed value ranks in the top 4% in Island Lakes and top 6% citywide, reflecting its above-average characteristics compared to peers.
5. Given it was built in 1992, what should I consider?
While the home is well-established, a buyer should focus on the condition and age of major components like the roof, windows, and HVAC systems, which may be due for updates or replacement based on their maintenance history.