Property Overview
This two-storey home at 89 Leger Crescent in Winnipeg's Island Lakes neighbourhood presents a compelling blend of space and established community living. Its primary appeal lies in its generous 2,193 sqft of living area, which places it in the top tier of homes locally, offering significantly more room than average properties on the street, in the area, and across the city. While the home itself was built in 1986, it features a renovated basement, adding modern functionality. The lot is a standard size for the area at just over 6,000 sqft. Recent sold price data indicates strong and consistent value appreciation over the past few years.
This property would best suit buyers who prioritize interior space over a newer build, such as growing families seeking room to spread out without moving to the outer suburbs. It also appeals to value-conscious purchasers looking for a home with above-average square footage in a mature, well-regarded neighbourhood like Island Lakes, where the trade-off for an older home is a larger floor plan and a renovated lower level.
Frequently Asked Questions
How does the home's age affect its value?
While the 1986 build date is older than many homes in Island Lakes, this is reflected in its assessed value, which is more moderate compared to newer builds. The value proposition here is the significant amount of living space you get for that price point, along with the benefit of a renovated basement.
Is the lack of a garage a major drawback?
For some buyers, yes. This is an important consideration for vehicle storage, hobbies, or extra storage space. However, the very large living area can offset this for those who prioritize indoor space over covered parking, and the property may present an opportunity to add a garage in the future, subject to local bylaws.
What do the sold price rankings indicate?
The rankings show that when this home has sold, it has consistently done so in the top tiers of the market—for example, in the top 10-13% citywide in its last sale. This suggests it has held its value very well and is perceived as a desirable property relative to its peers, likely due to its size and updates.
How does the lot size compare?
At approximately 6,024 sqft, the lot is perfectly average for both Leger Crescent and the broader Island Lakes area. It provides a standard suburban yard space but is not an unusually large or small parcel, meaning maintenance is typical for the neighbourhood.
Why is the living area considered "Elite" locally?
The data shows this home's living area is in the top 2% on its street and top 5% in Island Lakes. Simply put, there are very few homes in the immediate area that offer this much interior square footage, making it a standout for buyers seeking maximum space within this specific community.