Property Overview: 150 Ebb Tide Drive, Island Lakes

Section 1: Key Characteristics & Appeal

This well-maintained family home in the established Island Lakes neighbourhood offers a balanced and practical living package. Built in 2005, it is a newer construction compared to most Winnipeg homes, suggesting modern building standards and potentially lower immediate maintenance. The 1,791 sqft living space is comfortably above the city average, providing ample room for a growing family or those who appreciate dedicated space for work or hobbies. A key feature is the renovated basement, which adds valuable finished living area and flexibility.

Its appeal lies in its strong positional value within a desirable community. The home’s assessed value ranks consistently above average for its street, neighbourhood, and the entire city, indicating it is perceived as a solid asset. While the lot size is slightly smaller than some in Island Lakes, it translates to less yard upkeep. The attached garage and quiet, mature setting on a cul-de-sac round out the practical benefits.

This property would best suit buyers looking for a move-in ready home in a mature suburb without the uncertainties of an older build. It’s ideal for professionals or families who prioritize space, modern amenities, and community stability over a massive yard. A thoughtful perspective: its above-average assessment yet manageable lot size could represent a “sweet spot”—offering perceived value and investment stability without the premium price or maintenance of the largest properties in the area.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others in Island Lakes?
The property’s lot is 4,545 sqft, which is somewhat smaller than the neighbourhood average. This can be an advantage for those seeking less landscaping and yard maintenance.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the selling agent to understand the quality and use of the additional space.

3. The home sold in 2022 and again in 2020. Is this a concern?
The recent sales history suggests turnover, but not necessarily an issue. It could indicate investor activity, relocation, or simply a homeowner’s changing needs. A title search and a thorough inspection are always recommended to understand the property’s full history.

4. How does this home rank for its value on the street?
The assessed value of $537,000 ranks in the top 22% on Ebb Tide Drive, meaning it is considered a higher-value home on its own street, which can be a positive for long-term value retention.

5. Is the living space larger than most Winnipeg homes?
Yes. With 1,791 sqft, this home’s living area is in the top 18% city-wide, meaning it offers more interior space than over 80% of homes in Winnipeg.