Property Overview

This two-storey home at 7 Myles Robinson Way in Winnipeg's Island Lakes neighbourhood presents a specific and compelling value proposition. Its appeal lies in a combination of above-average interior space for the city and a price point that appears accessible relative to its immediate area. The home, built in 1986, features a renovated basement and an attached garage on a standard-sized lot.

Key Characteristics & Ideal Buyer

The home's primary characteristic is its size-to-value ratio. With nearly 2,000 square feet of living space, it ranks well above the Winnipeg average, offering more room than most city homes. However, its assessed value is notably lower than the average for its own street, suggesting it may be priced more accessibly than its immediate neighbours. This creates an interesting dynamic: you get a home with ample space in a established neighbourhood, but without the premium price tag often found on that specific block. The lot is smaller than others on Myles Robinson Way, but is consistent with the Island Lakes and city-wide averages.

This property would suit practical buyers looking for space in a mature neighbourhood without overextending financially. It's ideal for a growing family or someone who values square footage and a renovated basement for living or hobby space over having the largest lot on the street. It’s a sensible choice for those who see a home as functional space first and are comfortable with a property from the 1980s, likely appreciating the character and established landscaping of an older community.

Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value is for municipal tax purposes. The recent sold price history and market conditions will determine the actual market value. The data suggests this home's assessed value is lower than many on its street, which can be an attractive point, but a professional appraisal or market analysis is needed for accuracy.

2. How does the smaller lot size impact living here?
While the lot is smaller than others on Myles Robinson Way, it is still a standard size for Island Lakes and Winnipeg overall. This typically means less yard maintenance. The trade-off is less private outdoor space compared to some direct neighbours, but you still benefit from the neighbourhood's green spaces and pathways.

3. What does "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. This should be a key question for the listing agent. It's important to clarify if it's a cosmetic update, includes a legal secondary suite, or has had significant structural or moisture-proofing work done.

4. The home is older than many in Island Lakes. Should I be concerned?
Built in 1986, the home is older than the neighbourhood average but newer than the typical Winnipeg home. This age means major components (like roof, windows, HVAC) may be at or past their typical lifespan, so a thorough inspection is crucial. Conversely, homes from this era often have mature trees and settled foundations.

5. Why is there only a sold price range, not the exact price?
The exact sale price is not always publicly available in Manitoba. The provided range is based on public data. You can request the exact historical sold price from the website via email, as noted on the detail page, to get a more precise figure for your research.