Property Overview: 20 Pauline Boutal Crescent, Island Lakes
Key Characteristics & Buyer Appeal
This well-maintained one-storey home in Island Lakes offers a practical and comfortable living space. Built in 1999, it features 1,470 sqft of living area, an attached garage, and a renovated basement, situated on a standard-sized lot of just over 5,400 sqft. Its core appeal lies in its solid, above-average positioning within a mature and desirable neighbourhood. The home’s assessed value consistently ranks in the top quarter when compared to similar properties on its street, in Island Lakes, and across Winnipeg, suggesting it is a well-regarded asset in its market segment. Recent sale data indicates strong value retention and growth.
This property would suit buyers looking for a move-in ready, single-level home in an established community. It’s ideal for downsizers, small families, or professionals seeking a low-maintenance layout without sacrificing space, thanks to the finished basement. A thoughtful perspective is that while the living area is average for the immediate area, its value metrics outperform its size, indicating buyers are paying for the home’s condition, specific location on the crescent, and the overall desirability of Island Lakes rather than sheer square footage.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value is consistently above average, ranking in the top 23% on its own street and the top 26% within the wider Island Lakes neighbourhood. This suggests it is considered a premium property compared to its direct peers.
2. Is the living space smaller than other homes nearby?
The living area is slightly below the average for Island Lakes but is very close to the average for the immediate crescent. It is, however, larger than the average home citywide. The renovated basement effectively expands the usable living space.
3. What does the sold price history indicate?
The home has sold twice in recent years (2019 and 2024), showing a clear and significant increase in market value over that five-year period, reflecting strong appreciation.
4. Is the lot size a drawback?
At approximately 5,473 sqft, the lot is slightly smaller than the average for both the street and Island Lakes, but it is not an outlier. It provides a standard suburban yard space for the area.
5. How does the age of the home (1999) factor in?
Built in 1999, the home is newer than the Winnipeg city average but typical for Island Lakes. This age often represents a sweet spot: major components are potentially newer than in older homes, while the neighbourhood and landscaping have had time to mature fully.