Property Overview: 228 Dockside Way, Island Lakes, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey home at 228 Dockside Way is a study in contrasts, offering a practical and modern living space within a well-established neighbourhood. Built in 2003, it is notably newer than most homes in Winnipeg, providing the benefits of contemporary construction standards without the premium of a brand-new build. The home features 1,220 sqft of living space and a renovated basement, making it a functional and easily navigable layout, ideal for downsizers, first-time buyers, or those seeking single-level living.
Its primary appeal lies in its value proposition and location. While the living space is modest compared to other homes on its street and in Island Lakes, this translates to a lower assessed value, positioning it as a more accessible entry point into a desirable area known for its lakes and pathways. The attached garage and updated basement add practical appeal. A thoughtful perspective is that this property represents an opportunity to own a newer, low-maintenance home in a mature neighbourhood—you’re buying into the community amenities and mature landscaping without inheriting an older home’s potential major systems updates.
This home would best suit practical buyers who prioritize location and modern essentials over sheer size. It’s a strong match for empty-nesters looking to right-size, young professionals seeking a move-in ready home with room to grow in the basement, or investors attracted by a newer property in a stable, family-friendly area.
Frequently Asked Questions
1. How does the size of this home compare to others in the area?
At 1,220 sqft, the living area is below the average for both Dockside Way and the broader Island Lakes neighbourhood. However, it is very close to the average home size citywide in Winnipeg, offering a comfortably sized main living space complemented by the renovated basement.
2. The assessed value seems low. What does this indicate?
The assessed value is below average for its immediate area but is above average compared to the entire city. This typically reflects the home’s smaller size relative to its neighbours in Island Lakes, not necessarily its condition. It can suggest a potentially lower property tax burden relative to the neighbourhood.
3. Is the renovated basement included in the square footage?
No, the 1,220 sqft figure refers to the above-grade living area. The renovated basement is additional space, which significantly increases the home’s usable square footage and functionality.
4. What is the significance of the 2003 build year?
Built in 2003, this home is newer than approximately 84% of homes in Winnipeg. This is a key advantage, suggesting major components like the roof, windows, and HVAC system are likely in good condition and built to more modern codes, potentially reducing near-term maintenance costs.
5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed in detail. You can request the precise sale history by emailing via the provided button on the listing page. The service is manual but straightforward, with a promise of a reply by the end of the same business day and no unsolicited marketing.