Property Overview: 2 Scholberg Lane, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes offers a practical and comfortable living space of 1,725 sqft, featuring an attached garage and a full, unrenovated basement. Built in 2006, it is a relatively modern home within a well-established neighbourhood. The property’s standout feature is its generous 4,769 sqft lot, which is notably larger than most on its street, providing ample outdoor space for gardening, play, or future expansion.
Its appeal lies in its balance. The home provides above-average living space citywide, paired with a lot size that offers a sense of privacy and potential not always found in newer subdivisions. The assessed value is positioned below average for the immediate street, which could indicate a value opportunity for a buyer willing to put personal touches into the interior over time. This property would suit first-time buyers or young families looking for a solid, move-in-ready home in a family-oriented area, with the bonus of a large yard. It’s also a sensible choice for value-conscious buyers who see potential in the existing basement and prefer a home that isn’t at the peak price point of its block, allowing room for equity growth through updates.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to the area?
The home’s assessed value is below the average for Scholberg Lane itself, but around the average for the broader Island Lakes neighbourhood. This suggests it may be priced more accessibly than some direct neighbours, while still being in line with community norms.
2. What does “basement, not renovated” typically mean?
This usually indicates a finished or partially finished basement that is functional and livable but may have older flooring, lighting, or fixtures. It’s a space ready for use but represents a clear opportunity for future modernization to suit your tastes.
3. Is the large lot a common feature in Island Lakes?
No, it’s not. This lot is above average for the street but below the average lot size for Island Lakes as a whole. This means you get more private outdoor space than most on your specific block, though lots in some other parts of the neighbourhood may be larger.
4. The home was built in 2006. What should I consider?
A 2006 build is relatively modern for Winnipeg, meaning major systems like roofing, windows, and heating are likely in good condition but may be approaching the midpoint of their typical lifespans. A standard home inspection is advised to assess their current state.
5. Where can I find the exact historical sale prices?
The provided sold price ranges are based on public data. For precise sale figures, you can request the exact history via the email prompt on the property page. The service is manual but provided without obligation.