Property Overview: 185 Island Shore Boulevard
This one-storey home in Island Lakes offers a practical entry point into a well-established Winnipeg neighbourhood. Built in 1987, its key appeal lies in its renovated basement and manageable scale, presenting a straightforward living option. The 1,040 sqft living area is notably compact for the immediate area, placing it in the smaller third of homes on its own street and within the wider Island Lakes community. This suggests a more efficient, lower-maintenance footprint. The detached garage and a 4,252 sqft lot provide expected outdoor and storage space, though the lot size is also below the neighbourhood average. Its assessed value sits around the middle range for the city, but is comparatively lower within Island Lakes itself, indicating a potentially accessible price point for the area.
The property would suit first-time buyers or downsizers seeking the amenities and stability of a mature suburb without the upkeep of a larger home. Its below-average size and value for Island Lakes make it a pragmatic choice for those prioritizing location within the neighbourhood over square footage. A thoughtful perspective is that this home represents the more modest, original fabric of the area, offering a chance to live in a desirable community where many surrounding properties have been expanded or rebuilt over time.
Frequently Asked Questions
Is this a small house?
Yes, relative to its surroundings. At 1,040 sqft, it is smaller than most homes on its street and in the Island Lakes neighbourhood, but is close to the average size for a one-storey home across Winnipeg.
What does the "renovated basement" mean?
The listing confirms the basement is renovated, but the specific finishes, layout, and whether it includes a legal suite are not detailed. This would be a key point for your viewing and for discussions with the seller.
How does the assessed value relate to the likely selling price?
The assessed value for taxation ($39,400) is an administrative figure and is typically far below market value. The selling price will be determined by current market conditions. For context, this assessment is in the bottom 6% of Island Lakes, suggesting the home may be priced more accessibly than many in the neighbourhood.
Is the lot size a concern?
The lot is under 5,000 sqft, which is smaller than the Island Lakes average. This means less yard maintenance but also less private outdoor space. It’s a standard city lot, just not as large as many others in this specific community.
Who would this home not suit?
It may not suit buyers needing substantial above-ground living space or multiple large bedrooms, given its main-floor square footage. Those seeking a large yard or a home at the top end of the neighbourhood's market would also likely look elsewhere.