196 Dockside Way

Property Overview: 196 Dockside Way, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Island Lakes offers a compelling blend of space, modern age, and established neighbourhood living. Its primary appeal lies in its generous 2,262 sqft of living area, which places it well above average for the street, neighbourhood, and city overall. Built in 2003, it is a newer property relative to most Winnipeg homes, suggesting modern construction standards and potentially fewer immediate major repairs. The home features an attached garage and a renovated basement, adding functional living and storage space.

The property is ideally suited for buyers seeking a spacious, move-in-ready family home in a mature, amenity-rich community like Island Lakes. Its above-average size in a neighbourhood of already sizable homes makes it a strong option for those needing room to grow without venturing into brand-new, often more peripheral, subdivisions. A thoughtful perspective is that while the lot size is somewhat smaller than others on the street, this can translate to less yard maintenance while still providing private outdoor space—a practical trade-off for busy professionals or families. The assessed value is above average for the city, indicating solid perceived worth, yet it appears modest relative to the living space offered, which could represent good value per square foot for the right buyer.

Section 2: Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is below the average for Island Lakes and Dockside Way, it is around the citywide average. This typically means a manageable yard with less upkeep, but it may offer less privacy or space for large outdoor additions compared to some direct neighbours.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, the presence of legal egress, moisture control, and whether it includes a bathroom or kitchenette to understand its full value and functionality.

3. Why is the assessed value seemingly moderate for such a large home?
The assessed value is above average city-wide and in Island Lakes. Its position relative to the street average may reflect the smaller lot size, specific market conditions at the time of assessment, or the interior condition relative to other homes. It’s a reminder that assessed value is for tax purposes and can differ from market value.

4. Is the 2003 build date an advantage?
Yes. A home built in 2003 is past the initial "shakedown" period for new builds but is still modern enough to likely have contemporary wiring, plumbing, and insulation standards. It may avoid the major replacement costs (like a roof or furnace) that can come with older homes, though these components should still be inspected for their remaining life.

5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The exact sale price from November 2019 is available by request from the listing source, which provides it via a manual email process without using your contact information for unsolicited marketing.