Property Overview: 35 Island Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This 1985 four-level split home in Island Lakes offers 1,706 sqft of living space on a 6,055 sqft lot, featuring an attached garage and a renovated basement. Its core appeal lies in its balanced position within the market. While the living area is modest for its immediate street, it is above average for Winnipeg overall, suggesting a efficient use of space in a well-regarded neighbourhood. The home’s assessed value sits comfortably in the middle range for Island Lakes, indicating a fair market entry point.
The property suits practical buyers looking for a solid, move-in-ready home with updated basics in a mature, established community. It’s particularly well-suited for those who value a renovated basement for extra living space but don’t require a large yard, as the lot is smaller than others on the street. A thoughtful perspective is that this home represents a “goldilocks” proposition: it avoids the premium for the largest homes on the block, yet offers more space than the typical city home, making it a strategic choice for value-conscious buyers seeking room to grow without overextending.
Frequently Asked Questions
1. How does the property’s size compare to the neighbourhood?
The living area is slightly below the average for Island Cove itself but is very close to the average for the broader Island Lakes neighbourhood. City-wide, it is considered above average in size.
2. Is the assessed value typical for the area?
Yes. The assessment is around average for Island Lakes, ranking in the 60th percentile. It is higher than the city-wide average, reflecting the desirability of the neighbourhood.
3. What is the significance of the lot size?
At just over 6,000 sqft, the lot is smaller than most on Island Cove but is near the average for Island Lakes and above the city average. This means lower maintenance than larger lots on the street, but potentially less private outdoor space than some immediate neighbours.
4. How old is the home, and what does that imply?
Built in 1985, the home is older than most in Island Lakes but newer than the typical Winnipeg home. Buyers can expect mature landscaping and established infrastructure, with the potential for some original components to be nearing their lifecycle.
5. Where can I find exact historical sale prices?
The provided sale price ranges are based on public data. For precise sale figures, you can request the exact sold price history via email through the listing page. This service is provided manually without marketing spam.