Property Overview: 97 Tidal Cove, Island Lakes
Section 1: Key Characteristics & Appeal
This two-storey home in the established Island Lakes neighbourhood presents a practical and comfortable living space. Its key features include 1,619 sqft of living area, an attached garage, and a renovated basement, adding valuable functional space. Built in 1986, the home is part of a mature community with settled landscaping and a sense of permanence.
The appeal lies in its balanced position. The living space is above the city-wide average, offering good room for a family, while its assessed value sits comfortably in the middle range for its immediate area. This suggests a home that is both sizable and reasonably positioned in the market. The renovated basement is a significant plus, offering immediate move-in comfort without a pending project. A thoughtful perspective is the lot size: at 5,545 sqft, it is smaller than many on its own street, which could mean less yard maintenance—a potential benefit for buyers seeking a manageable outdoor space without sacrificing interior room.
This property would suit first-time buyers or growing families looking for a turn-key home in a well-known neighbourhood. It’s also a sensible fit for value-conscious buyers who prioritize updated living space over having the largest lot on the block.
Section 2: Frequently Asked Questions
1. How does this home compare in size and value to others nearby?
The home’s living area is slightly larger than the average for Tidal Cove, while its assessed value is very close to the street average. This indicates you’re getting a bit more house for a typical price in this specific location.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. We recommend this be a key point of inquiry during a viewing to understand the quality and functionality of the space.
3. The lot is noted as smaller than others on the street. How does this impact the property?
The lot is under 6,000 sqft, which is below the street average. In practice, this likely means a more manageable backyard, potentially with less maintenance. It’s a trade-off that prioritizes interior space and ease of upkeep over extensive private outdoor space.
4. What is the typical price trend for this home?
Based on available data, the home sold previously in 2021 and 2024, showing appreciation in that period. For the exact sale prices to understand the trend fully, you can request the detailed history via the provided email service.
5. Is the 1986 build date a concern?
The home is 40 years old, which is older than the average in Island Lakes but newer than the average Winnipeg home. This age means major components like the roof, windows, and HVAC may be at or nearing their typical lifespans, so a thorough inspection is advised. Conversely, homes of this era in established neighbourhoods are often on mature lots with larger trees.