Property Overview: 2 Evelyne Reese Boulevard, Island Lakes, Winnipeg
Key Features & Buyer Profile
This home presents a compelling mix of space, value, and established character. Its key characteristic is a generous 1,832 sqft of living area, which ranks in the top 10% for its street, offering more room than most comparable homes nearby. The appeal is strongly rooted in its lot size—at over 5,600 sqft, it sits on one of the largest properties on Evelyne Reese Boulevard (top 2%). This provides significant outdoor space and potential in a neighborhood where lots are typically smaller. Combined with a renovated basement and an attached garage, it offers practical, family-friendly living.
The home’s assessed value is notably high for the immediate area (top 2%), which speaks to its perceived market worth and investment solidity. Built in 2005, it is not a new build but is younger than the city-wide average, suggesting a period of construction known for modern layouts while being established enough for mature landscaping.
This property would best suit buyers who prioritize indoor and outdoor space over having the newest home on the block. It’s ideal for growing families seeking a large yard in a convenient suburb, or for value-conscious buyers who see the merit in a home with a premium assessment and a renovated basement, ready for living without major immediate updates.
Frequently Asked Questions
1. Is the high assessed value a concern for property taxes?
While a higher assessed value can influence property taxes, it primarily reflects the municipality’s opinion of the home’s market value relative to others. In this case, it indicates the property is considered a top-tier asset on its street and in Island Lakes.
2. How does the 2005 build year compare to the neighborhood?
The home is older than the average on its specific street, where many homes were built more recently. However, it is newer than the average home across Winnipeg. This means you get an established property with mature surroundings, rather than a brand-new build in a developing section.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point of inquiry to understand the finish quality, legal compliance, and whether it includes added bedrooms, a bathroom, or a recreational space.
4. The lot is large for the street, but how does it compare to the wider city?
At 5,696 sqft, the lot is exceptionally large for Evelyne Reese Boulevard but is close to the average size for the entire city. This highlights a key advantage: you get a suburban-sized yard within a specific neighborhood where that is a rare and premium feature.
5. Where can I find the exact historical sold prices?
The displayed sold prices are estimated ranges from public data. The listing service offers to provide the exact sale figures from 2016, 2020, and 2021 directly via email upon request, which they handle manually without using the contact for unsolicited marketing.