Property Overview: 34 Black Pearl Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This home at 34 Black Pearl Cove is a well-situated, single-family residence built in 2000. With 1,601 sqft of living space and a renovated basement, it offers modern, functional living in the established Island Lakes neighborhood. The property stands out for its efficient use of space; while the living area is about average for the immediate street and neighborhood, it ranks within the top 25% city-wide, indicating a solidly sized home for Winnipeg. The assessed value tells a compelling story of value retention, ranking significantly above average both for the neighborhood and the entire city.
The appeal lies in its balance and positioning. It’s a home that offers more space than the typical Winnipeg house on a lot that is also larger than the city norm, yet it carries an assessed value that is below average for its own street. This suggests potential value relative to its direct neighbors. The renovated basement adds immediate move-in readiness. It would suit practical buyers looking for a comfortable, low-maintenance home in a mature suburb—first-time homeowners, small families, or downsizers seeking single-level living with extra finished space below, all without the upkeep of a pool or a large garage.
Frequently Asked Questions
1. How does the property's value compare to nearby homes?
The home’s assessed value is above average for both the Island Lakes area and Winnipeg as a whole. Interestingly, on its own street (Black Pearl Cove), it ranks in the top 80%, meaning its assessed value is below the street's average, which could indicate a relative value opportunity compared to the immediate neighbors.
2. What is the lot size, and how does it compare?
The land area is 7,803 sqft. This is above average for both the neighborhood and the city, offering good outdoor space. However, it is below the average lot size for Black Pearl Cove itself, where properties tend to have larger lots.
3. Is the basement included in the living area square footage?
No. The listed living area of 1,601 sqft does not include the renovated basement. The basement provides additional finished space beyond the main and upper levels.
4. What are the garage and parking arrangements?
The listing specifies there is no garage. Buyers should inquire about the driveway capacity and any on-street parking regulations to plan for vehicle storage.
5. How can I find out the exact historical sale price?
The provided sold price history shows a range. To obtain the exact sale price from previous transactions, you must request it via email from the listing service. They provide this data manually and promise a reply by the end of the same day, with no unsolicited marketing use of your email address.