Property Overview
This 4-level split home at 93 Peres Oblats Drive in Winnipeg's Island Lakes neighbourhood presents a practical and comfortable living option. Built in 1988, it features 1,663 sqft of living space, a renovated basement, an attached garage, and sits on a standard 5,846 sqft lot. The home’s appeal lies in its balance of space and value within a well-established area. It suits first-time homebuyers, small families, or value-conscious buyers looking for a move-in-ready home with modernized touches in a quiet, mature community. A thoughtful perspective is that while its size is average for the immediate street and neighbourhood, it offers more space than the typical Winnipeg home, providing relative value city-wide. Its below-average assessed value for Island Lakes could indicate an opportunity for equity growth as updates are made.
Frequently Asked Questions
1. How does this home compare in size and value to others in the area?
The living area is very close to the average for both Peres Oblats Drive and the wider Island Lakes neighbourhood. Its assessed value, however, is below the average for this area, which may reflect its specific condition or present a value proposition compared to nearby homes.
2. What does having a "renovated basement" typically mean for a home of this age?
For a 1988 home, a renovated basement often indicates essential updates have been made to what was originally a basic, functional space. This usually includes finished living areas, modernized flooring, and improved lighting, adding valuable liveable square footage.
3. Is the lot size a pro or a con?
At just under 6,000 sqft, the lot is standard for Island Lakes. It provides adequate private outdoor space for gardening or recreation without the extensive maintenance of a larger yard, which can be a positive for busy households.
4. Who might this 4-level split layout suit best?
The split-level design is ideal for those who prefer defined, separate living zones over an open-concept floor plan. It naturally separates living, sleeping, and recreational areas across different levels, which can be great for families seeking privacy or noise separation.
5. What is the significance of the sold price history from 2022?
The recorded sale in late 2022 provides a recent market benchmark. Understanding the exact price from that transaction (available by request) would help gauge how market values have shifted in the area over the past few years and inform a current offer strategy.