Property Summary: 98 Quayside Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home in Island Lakes presents a practical and comfortable living option. Built in 1989, it is notably newer than many city-wide comparables. With 1,272 sqft of living space and a renovated basement, it offers functional space for a small family or couple. The attached garage and a land area just over 5,300 sqft are consistent with the neighbourhood standard.
Its primary appeal lies in its position as a solid, mid-range property within a well-established area. The home doesn’t stand out for extreme size or luxury, but rather for its relative modernity on the street and its recent basement update. The assessed value suggests it is priced accessibly for the Island Lakes community, potentially offering an entry point into this desirable neighbourhood.
This property would best suit first-time buyers or downsizers seeking a low-maintenance home in a mature area with park-like surroundings. It’s a match for those who value a renovated basement for extra living space and prefer a home that is newer than many in the wider city, without being a major fixer-upper.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,272 sqft, the living area is slightly above the average for Quayside Cove itself, but below the average for the broader Island Lakes neighbourhood. This indicates it’s a reasonably sized home on its street, but more compact compared to many others in the area.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is one data point. Notably, the last recorded sold price range (2022) is close to the current assessed value, which can suggest stability, but the final market price will depend on current conditions, the home’s interior condition, and buyer demand.
3. What does the "newer" build year mean for a buyer?
Built in 1989, this home is newer than 77% of comparable homes city-wide. Practically, this can mean updates to major systems (like electrical or plumbing) may have occurred more recently than in a pre-1970s home, though a thorough inspection is still essential.
4. What is the significance of the renovated basement?
A renovated basement immediately adds usable living space without the need for a future project. It’s important to clarify the scope and quality of the renovation, check for proper permits, and ensure it is adequately insulated and moisture-protected.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information directly by email from the source, which will provide the precise figures from their records.