Property Overview

This two-storey home at 202 Ebb Tide Drive in Winnipeg's Island Lakes neighbourhood presents a balanced, move-in-ready opportunity. Its key appeal lies in offering above-average living space in a well-regarded community, without the premium price tag of a larger lot.

Key Characteristics & Ideal Buyer

The 1,749 sqft home sits on a 4,328 sqft lot and features an attached garage and a renovated basement. Built in 2005, it is notably newer than most homes in the city and is among the newest on its street. The data suggests a pattern of steady value appreciation, with its last sale price in late 2024 ranking in the top 10% for the area.

Its primary appeal is efficient use of space and modern infrastructure. While the lot size is smaller than the Island Lakes average, this translates to less yard maintenance. The home's living area is generous compared to the Winnipeg average, and the renovated basement adds functional space. The property suits practical buyers—perhaps young families or professionals—who prioritize interior space and a modern build over a large yard. It’s ideal for someone seeking a established, low-maintenance property in a desirable neighbourhood without needing a full renovation project.

Frequently Asked Questions

1. How does the lot size impact value?
While the lot is smaller than many in Island Lakes, the home compensates with above-average living space and a newer build. This can be a benefit for buyers who prefer less outdoor upkeep.

2. What does the "renovated basement" include?
The listing notes a renovated basement, but specifics on finish quality, permits, or the scope of work are not provided. This would be a key point for buyer due diligence.

3. Is the assessed value an accurate reflection of market price?
The assessed value is around average for the street and neighbourhood. Given that the home sold recently at a price well above the area's average assessed value, it indicates market demand may exceed municipal assessments here.

4. How does the home's age benefit a buyer?
Built in 2005, major components like the roof, windows, and mechanical systems are likely newer than those in many Winnipeg homes, potentially reducing near-term replacement costs.

5. Why are sold prices shown as a range?
The provided sold price ranges are based on public data. The exact sale price is available upon request to ensure accuracy and compliance with local real estate regulations.