Property Summary: 408 Island Shore Boulevard, Island Lakes
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Island Lakes offers a practical and comfortable living space. Its key characteristics include a renovated basement, an attached garage, and a manageable 1,213 sqft layout on a standard 4,478 sqft lot. Built in 2002, it is notably newer than many homes in Winnipeg and within its own neighbourhood, suggesting modern construction standards and potentially lower immediate maintenance needs.
The appeal lies in its balance and positioning. While the living space is modest for the Island Lakes area, its assessed value is strong citywide, indicating solid inherent value. It suits first-time buyers or downsizers seeking a single-level home in an established, family-friendly neighbourhood without the premium for a larger footprint. It’s a home for those who prioritize a newer build and a renovated basement ready for use over maximizing square footage. A thoughtful perspective is that its "around average" metrics on its own street suggest it fits seamlessly into the streetscape, offering neither the largest nor the smallest property, which can be a stable, low-profile advantage.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others in Island Lakes?
At 1,213 sqft, the living area is below the neighbourhood average. It’s a more compact option in the area, which is reflected in its pricing and may appeal to those seeking efficient use of space.
2. What does the assessed value tell us about this property?
With a $45.30k assessment that ranks in the top 28% citywide, the property holds strong value compared to the Winnipeg average. This suggests a favourable valuation foundation, though it's important to compare this to current market prices.
3. Are there benefits to the 2002 build year?
Yes. Built in 2002, the home is significantly newer than the Winnipeg city average (1966) and the Island Lakes average (~1995). This often translates to newer major systems (like plumbing and electrical), modern insulation standards, and less near-term worry about age-related replacements.
4. What is the lot size like?
The 4,478 sqft lot is standard for the street but below the average for Island Lakes. It provides a typical backyard space for the immediate area, suitable for gardening or patio space, but is not an exceptionally large lot.
5. What was the last known sale price?
Public data indicates a sale in September 2017 in the range of $36.50k to $39.50k. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.