Property Overview
This home at 472 De La Seigneurie Boulevard in Winnipeg's Island Lakes neighbourhood presents a compelling blend of space, value, and established community living. Built in 2004, it's a cabover-style house with an attached garage and a renovated basement.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average living space and standout assessed value. With 1,855 sqft of living area, it offers more room than most comparable homes on its street, in Island Lakes, and across the city. Its assessed value of $558,000 places it in the elite top 5% on De La Seigneurie Boulevard, suggesting a strong valuation foundation relative to its immediate peers.
The home suits buyers looking for a move-in ready property with a recently renovated basement in a mature, well-regarded suburb. It’s ideal for those who prioritize interior space over a large yard, as the lot size is more modest compared to other Island Lakes properties. The data indicates it’s a home that offers a "more house for the money" proposition within its specific micro-market, appealing to growing families or professionals seeking established comfort without the premium for a newer build.
A less obvious perspective is its positioning within a consistent streetscape of similar-aged homes, which can offer neighbourhood stability and predictable aesthetics. The fact that it holds an elite value rank on its own street, while having an average-sized lot, subtly highlights that the value is driven by the structure and its updates rather than the land itself.
Frequently Asked Questions
1. What does the assessed value tell us about the property?
The $558,000 assessment is significantly higher than the averages for the street, neighbourhood, and city. This typically reflects recent renovations (like the basement), desirable attributes, and strong municipal valuation, which can be a positive indicator for equity and resale.
2. How does the lot size compare to the area?
At 4,416 sqft, the lot is around average for the street but below average for the broader Island Lakes neighbourhood, where lots are often larger. This means lower maintenance but potentially less private outdoor space than some other homes in the area.
3. What is a "cabover" building type?
A cabover design typically features a front-facing garage with living space built directly above it. This is a common and efficient architectural style in many Winnipeg suburbs, maximizing the buildable footprint on the lot.
4. The last recorded sale was in 2020. What was the price?
Public data shows a sale price between $455,000 and $485,000 in September 2020. For the exact sale price, you can request the information via email from the listing source.
5. How does the home's age (2004) affect things?
Built 22 years ago, the home is in the middle of the pack for its street and newer than many city-wide averages. This age suggests major components may be nearing or entering their typical renewal periods (like roofing or HVAC), but it also means the neighbourhood and landscaping are well-established.