Property Overview: 74 Nordstrom Drive, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a practical and well-situated property in the established Island Lakes neighborhood. Its key characteristics include a renovated basement, an attached garage, and a 2007 build date, which is notably newer than most homes in the area. At 1,487 sqft of living space, it offers a comfortable footprint that is average for Winnipeg but slightly more compact compared to its immediate street and neighborhood, suggesting efficient use of space.

The appeal lies in its balance of modernity and location. The 2007 construction means major systems are relatively contemporary, potentially reducing near-term repair concerns. Its assessed value of $490k positions it as an above-average property citywide, yet it appears competitively priced within Island Lakes itself. The lot, while smaller than most on the street, is still a good size citywide and requires less maintenance.

This property would suit first-time buyers or downsizers seeking a move-in-ready home in a mature neighborhood without the upkeep of an older house. It’s also a sensible choice for value-conscious buyers who prioritize a newer build and renovated basement within a stable community over maximizing square footage.

Section 2: Frequently Asked Questions

1. How does the property’s size compare to its neighbors?
The living area is slightly below the average for Nordstrom Drive and Island Lakes, but is above the Winnipeg city average. This indicates a efficiently laid-out home on a street and in an area where many houses are larger.

2. What does the assessed value tell me about this home?
With an assessed value ranking in the top 21% citywide but around the neighborhood median, it suggests you are getting a property of above-average worth for Winnipeg, positioned in a desirable area where values are consistently higher.

3. Is the 2007 build date a significant advantage?
Yes, especially within Island Lakes. It ranks in the top 2% for year built in the neighborhood, meaning it is one of the newest homes available. This typically translates to more modern construction standards, materials, and major systems.

4. The lot is noted as smaller than average for the street. Is this a drawback?
It depends on your priorities. The lot is still a generous city-wide average. A smaller lot means less yard work and maintenance, which can be a benefit for many, while still providing private outdoor space.

5. Where can I find the exact historical sold price?
The exact sold price is not publicly displayed. You can request it directly via the "Get exact sold price history" button on the listing page. The service provides the accurate figure via email, typically by the end of the same business day.