Property Overview: 84 De Caigny Cove, Island Lakes
Section 1: Key Characteristics & Appeal
This 1,440 sqft two-storey home, built in 1991, presents a practical opportunity in Winnipeg's Island Lakes neighbourhood. Its key appeal lies in its balance of a renovated basement and an attached garage within a well-established community. The living space is modest for the immediate street and area, but aligns more closely with the city-wide average, suggesting an efficient layout. The lot size of 5,691 sqft is notably smaller than others on De Caigny Cove, which may mean less yard maintenance—a potential plus for some buyers.
The property’s assessed value sits above the city median, yet is below average for both the street and Island Lakes. This positioning could indicate a value proposition for a buyer seeking entry into this specific area, potentially at a different point than newer or larger homes on the same street. It would suit first-time buyers, downsizers, or investors looking for a turnkey property (thanks to the renovated basement) in a mature neighbourhood without the premium for a large lot. The home offers a grounded, "right-sized" option for those who prioritize location and a modernized interior over expansive square footage or yard space.
Section 2: Frequently Asked Questions
1. How does the lot size compare, and what does it mean for me?
At 5,691 sqft, the lot is the smallest on De Caigny Cove. Compared to the street average, it offers a more manageable yard with less upkeep, but also less private outdoor space than its immediate neighbours.
2. The assessed value seems high for the street but low for the area. Why?
The assessment is above the Winnipeg median, reflecting city-wide value. However, it ranks below average for both Island Lakes and this specific street, where many homes are larger or on bigger lots. This suggests the property is a more accessible entry point into this desirable pocket.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the finish quality, layout, and whether it includes a legal suite, additional bedrooms, or simply finished living space.
4. Is the living area sufficient for a family?
At 1,440 sqft, it is below the area average. It would comfortably suit a small family, a couple, or empty-nesters. Larger families should carefully consider if the room count and layout meet their long-term needs.
5. How can I get the exact historical sale price?
The listed sale price ranges are estimates from public data. To obtain the precise sale price from its last transaction in September 2016, you must request it via email through the provided website button. The service is manual but prompt, with a commitment not to use your email for spam.