Property Overview
79 Myles Robinson Way is a two-storey home in Winnipeg’s Island Lakes neighbourhood. Built in 1990, it features 1,718 sqft of living space, an attached garage, and a renovated basement. The property sits on a 6,199 sqft lot. Recent sales data indicates a sold price in the range of $535,000 to $565,000 in August 2024, with an assessed value of $490,400.
Section 1: Key Characteristics & Appeal
This home presents a specific value proposition within its desirable neighbourhood. Its key appeal lies in offering above-average city-wide square footage and a modernized basement at a price point that is competitive for Island Lakes. The 1990 build date is newer than most in the city, suggesting potentially fewer major age-related concerns than older stock.
However, context is important. Within its own street, this property ranks below average for lot size, living area, and assessed value compared to its immediate neighbours, which generally feature larger homes on more substantial lots. This creates an interesting dynamic: it’s a slightly more modest offering on a street of larger properties, which could mean a relatively lower entry point to a sought-after location.
It would best suit practical buyers who prioritize interior space and updates over expansive outdoor land. It’s a strong match for young families or professionals seeking a move-in ready home in a mature, amenity-rich community like Island Lakes, without requiring the premium for one of the street’s largest properties. The renovated basement adds immediate functional space for entertainment, a home office, or a growing family.
Section 2: Frequently Asked Questions
1. Is this a good value for the Island Lakes area?
Based on the data, the home’s assessed and recent sold prices are around the neighbourhood average, while its living space is also competitive. This suggests it is priced in line with the local market for its offering.
2. How does it compare to other homes on Myles Robinson Way?
It is among the smaller homes on the street in terms of both living area and land size. Buyers should view this as an opportunity to access the street at a potentially more accessible price point, understanding that neighbouring properties are typically larger.
3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope or quality of finishes. We recommend this be a key point of inquiry during a viewing to understand the investment and craftsmanship.
4. Why is the city-wide assessed value ranking so much higher than the street ranking?
This highlights the character of Myles Robinson Way. The home is above average compared to all Winnipeg properties, but on a street that consists of even larger, higher-value homes, making it below average in that specific, high-calibre group.
5. Are there any concerns with a 1990-built home?
While newer than the city median, a 34-year-old home will still have age-appropriate considerations. Key systems like the roof, windows, HVAC, and plumbing may be nearing or past their typical lifespans and should be inspected.