Property Summary: 54 Captains Way, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes offers a well-maintained, above-average living space in a mature and established neighbourhood. Built in 2005, the home features a renovated basement and an attached garage. Its primary appeal lies in its generous 2,114 sqft of living area, which ranks well above average for its street, neighbourhood, and the wider city. This suggests a home that provides ample room for daily life without being oversized. The assessed value is also consistently above average across all comparison levels, indicating a property that has held its worth relative to its peers.
The home is best suited for buyers seeking a move-in ready, spacious family home in a quiet suburban setting. It’s ideal for those who prioritize interior space over a large yard, as the lot size is more compact compared to others in Island Lakes. This could be a practical trade-off for buyers wanting less exterior maintenance. The recent basement renovation adds immediate value and functional living space. Given its strong rankings for size and value within a sought-after neighbourhood like Island Lakes, this property represents a solid, above-median option for prudent buyers looking for a established community with a track record of stability.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than many lots in Island Lakes, it is closer to the city-wide average. This typically means less yard maintenance, which can be a benefit for some lifestyles, but may be a consideration for those wanting extensive outdoor space for gardening or recreation.
2. What do the ranking badges (gold, blue, gray) mean?
These badges provide a quick visual snapshot of how this home compares to others. For key metrics like Living Area and Assessed Value, this property consistently earns blue badges, meaning it performs in the top 5-30% of comparable homes, confirming its above-average standing.
3. The sold price history shows a range. Why isn't the exact price listed?
Exact sale prices are not always publicly available in Manitoba. The provided range is based on publicly accessible data. You can request the precise historical sold price via email from the site, which they provide manually as a verified service.
4. The home was last sold in 2021. What does that indicate?
A sale four years ago suggests the current owners have not been there for an exceptionally long or short time. It provides a relatively recent market valuation point, which is useful for understanding current value trends in the area.
5. What is the significance of the "Similar Assessed Value" properties listed?
These are homes across Winnipeg with the same municipal assessed value. They are not necessarily similar in style or location but show what price point this home is grouped with by the city assessor, which can be useful for broad value comparisons.