Property Overview
This two-storey home at 204 De La Seigneurie Boulevard in Island Lakes offers a practical and well-sized living space in a mature Winnipeg neighbourhood. Built in 1990, it features 1,719 sqft of living area, a renovated basement, and sits on a 5,050 sqft lot. The home lacks a garage or pool. Its most recent recorded sale was in late 2023, and its current assessed value is $462,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average living space and its position in a stable, established area. The home's square footage ranks in the top 25% on its own street and the top 20% city-wide, meaning it offers more room than many comparable properties. The renovated basement adds immediate functional living space without the need for a project. While the 1990 build date means it's older than many homes on its street, it also suggests a potentially more classic construction and settled neighbourhood feel compared to newer subdivisions.
This home would suit a buyer looking for value in square footage over brand-new condition—someone who prefers a ready-to-use basement and doesn't mind a home that may require some updates over time. It’s also a practical fit for those who don't require a garage. A thoughtful perspective is that its "around average" assessment for the Island Lakes area could represent a relative value opportunity, allowing buyers to acquire more interior space without a premium lot size, which is ideal for those who prioritize indoor living area over extensive outdoor maintenance.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1990, the home is older than most on its street but is still newer than the Winnipeg city average. This typically means major components like the roof, windows, and mechanical systems may be nearing or have undergone scheduled replacements, which a thorough inspection should clarify.
2. What does the sold price history indicate?
The home sold in November 2023 for between $455,000 and $485,000. With a current assessed value of $462,000, this suggests a stable market value in line with recent sales activity.
3. Is the lack of a garage a significant drawback?
This depends on buyer needs. The property has no garage, so parking and storage will be limited to the driveway and the basement. For a single- or two-vehicle household that doesn't require a workshop or covered parking, this may be an acceptable trade-off for the home's interior space.
4. How does the lot size compare?
At 5,050 sqft, the lot is fairly standard for the immediate street but is smaller than the average lot in the broader Island Lakes area. This translates to less backyard maintenance but also less private outdoor space.
5. Where does this property rank compared to others?
The home ranks highly for living space (top 20% city-wide) and assessed value (top 26% city-wide), indicating you get a lot of house for the money. Its rankings are more modest within the immediate neighbourhood, showing it's a solid, mid-tier property in the Island Lakes community.