Property Summary: 8 Tidewater Bay, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in the established Island Lakes neighbourhood. Its key characteristic is its grounded, average-to-above-average positioning across most metrics when viewed city-wide, offering a solid value proposition without extremes. The home features a renovated basement and an attached garage on a good-sized lot.
The appeal lies in its balance and location. While its living space is modest for its immediate street and area, it is very close to the city-wide average, suggesting an efficient layout. Its assessed value is strong compared to the entire city, indicating good underlying value. The home is one of the older on its street, which can mean more mature landscaping and a settled streetscape. It would suit first-time buyers, downsizers seeking single-level living, or value-oriented buyers who prioritize a good lot in a mature neighbourhood over a large interior footprint. A thoughtful perspective is that this property represents a "middle ground" – it avoids the premium for the largest homes on the block while still offering the community benefits and lot size of the area.
Section 2: Frequently Asked Questions
1. Is the living area too small for the neighbourhood?
While the home's square footage is below the average for Tidewater Bay and Island Lakes, it is very close to the Winnipeg city-wide average. This suggests a more efficient or compact layout compared to some larger neighbours, which can be appealing for easier maintenance.
2. What does the assessed value tell me about this property?
Its assessed value is above average for Winnipeg, indicating the city sees solid value here. On its own street and in Island Lakes, it is firmly average, so you are not paying a steep street-premium but are investing in a property with recognized city-wide worth.
3. The home is older than many in Island Lakes. Should I be concerned?
Built in 1986, it is actually one of the newer homes on its specific street. For the broader area, it's older than average, meaning major systems may be due for updates, but the neighbourhood itself is established with mature greenery.
4. How does the lot size compare?
The lot is above average for Winnipeg and about average for Island Lakes, but smaller than the typical lot on Tidewater Bay. This offers a good outdoor space that is manageable to maintain.
5. Where can I find the exact historical sale price?
The exact sold price from the last transaction is not publicly displayed in the details above. You can request the precise figure by using the "Get exact sold price history" email feature provided on the listing page.