Property Overview
This one-storey home at 28 Langton Drive in Winnipeg’s Island Lakes neighbourhood presents a practical and comfortable living option. Built in 1994, it features 1,323 sqft of living space, a renovated basement, and an attached garage on a 4,832 sqft lot. The home’s assessed value is notably strong citywide, positioning it above average compared to the broader Winnipeg market.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance and readiness. The renovated basement adds immediate functional space without the need for initial projects, while the single-storey layout offers accessibility and straightforward living. Its assessed value ranking in the top 25% citywide suggests a solid valuation foundation relative to property taxes.
It would suit first-time buyers or downsizers looking for a manageable, move-in-ready home in a stable suburban neighbourhood. The lot size, while smaller than the Island Lakes average, provides a lower-maintenance yard—an appealing point for those seeking a suburban feel without extensive outdoor upkeep. A less obvious perspective is its potential appeal to buyers who prioritize financial predictability; its value metrics indicate it’s a competitively assessed property within the city, which can be a point of long-term stability.
Frequently Asked Questions
1. How does the home’s size compare to the neighbourhood?
At 1,323 sqft, the living area is below the current Island Lakes average (~1,635 sqft), but it is very close to the citywide average. This indicates a more compact, efficient use of space typical of many Winnipeg homes.
2. What does the “above average” citywide assessed value mean for me?
Ranking in the top 25% citywide for assessed value means the property is valued higher than most homes in Winnipeg. This can reflect a strong perceived value for the property itself, though it’s wise to consider how this assessment aligns with current market prices and property taxes.
3. Is the lot size a limitation?
The lot is 4,832 sqft, which is smaller than many in Island Lakes but near the city average. It provides a decent private outdoor space while requiring less maintenance than larger lots—a benefit for some buyers.
4. The home was last sold in 2016. What can be inferred?
The nine-year ownership period suggests the sellers likely enjoyed a period of stability, which can be indicative of a desirable location on a quiet street. It may also mean updates, like the basement renovation, were done for personal use and quality.
5. Who might this property not suit?
Buyers seeking a large, expansive lot typical of some Island Lakes properties, or those needing substantial above-grade square footage, might find it limiting. It’s best suited for those who value efficient layout and low-maintenance living over maximum size.