5 Lakebourne Place

Amber Trails, Winnipeg

Property score

80.4

Excellent

Overall 80.4 · Smaller but newer than most nearby homes

1,431 sqft (bottom 14%) · Built in 2014 (6 yrs newer than avg)

Located in a high-income area with median household income of ~136k

Transit 46.0 · 7-min walk to transit with 1 nearby route · Within 500m: 4 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 34%Punjabi · 28%

Past 10 years Amber Trails sales snapshot (~80% of all data)

Sold Count

487

Median price

628.3k

$/sqft

$330/sqft

Avg build year

2008

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Property score

80.4 is composed by the two sections below.

Property Score

76.5Good
Living Area1,431 sqft75Good
Year Built201494Excellent
Lot Size5,348 sqft67Good
Neighbourhood Sales Activity53Fair

Community Score

86.3Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Amber Trails

How to read: Share of sales in each ~$50k price band for “amber trails” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111221

Community deep dive

$136K

Median household income

$138K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

2%

Single-person households

47%

Families with children

Population, labour & age

Population (2021)2,664
Labour force participation rate70%
Median age34.0
Avg household size4.3
Unemployment rate5%
Population density5123 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households2%
Couple families with children47%
Median household income (2020)$136K

Housing

Renter households3%
Condominium dwellings19%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority78%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 34%
Mother tongue (2nd)Punjabi · 28%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,431 sqft
0255075100
Same streetBottom 8%Same areaBottom 14%CitywideTop 34%
Same street · Lakebourne Place
#60 / 65
Bottom 8% · Avg 1,997 sqft
Same area · Amber Trails
#1,513 / 1,760
Bottom 14% · Avg 1,831 sqft
Citywide · Winnipeg
#66,413 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
532k
0255075100
Same streetBottom 14%Same areaBottom 31%CitywideTop 15%
Same street · Lakebourne Place
#56 / 65
Bottom 14% · Avg 620.4k
Same area · Amber Trails
#1,222 / 1,760
Bottom 31% · Avg 561.8k
Citywide · Winnipeg
#29,234 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetTop 23%Same areaTop 11%CitywideTop 8%

Lot Size

around average
5,348 sqft
0255075100
Same streetBottom 43%Same areaBottom 42%CitywideTop 47%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

5 Lakebourne Place — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 95 m).

Search radius
🌳Parks4

Crime & Safety

Amber Trails · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Violent

46%

Sales History

Sold 7/2019CA$350k–400k
Sold price

Same street

Bottom 5%

Same area

Bottom 15%

City-wide

Top 34%

Related homes

Highlights & common questions: 5 Lakebourne Place, Winnipeg

Property Overview

This well-maintained 2014 one-storey home in Amber Trails offers a practical and comfortable living space. Its key appeal lies in being a modern, low-maintenance property within a sought-after neighbourhood. The home features a renovated basement and an attached garage on a spacious 5,348 sqft lot. Market data suggests it represents solid value, with an assessed value significantly higher than its last sale price in 2019, indicating potential equity and market growth.

The property is best suited for first-time buyers seeking a move-in ready home, downsizers looking for single-level living without sacrificing yard space, or value-oriented investors attracted by its modern build year and desirable location. A less obvious appeal is its strong ranking for "newness" within Winnipeg (top 9%), which can translate to fewer immediate repair concerns compared to older stock, while the lot size offers future flexibility not always found in newer communities.

Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,431 sqft, the living area is comfortable but smaller than many newer comparables in Amber Trails. This is reflected in its ranking, placing it in the larger tier on its specific street but more average across the wider neighbourhood. It prioritizes efficient layout and a generous lot over sheer interior size.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it's a finished recreational space, contains additional bedrooms, or serves another purpose.

3. The assessed value is much higher than the 2019 sale price. What does this mean?
The current assessed value of $53.20k is a municipal valuation for tax purposes and is notably higher than the $39.80k sale price from five years ago. This typically indicates strong market appreciation in the area and suggests the seller may have significant equity, but the final sale price will be determined by current market conditions.

4. Is the property a good investment based on the data?
The metrics show a positive trend. The home is newer than over 90% of properties in Winnipeg (a durability plus), sits on a larger lot, and has seen a considerable increase in its assessed value since 2019. Its rankings in the neighbourhood for year built and lot size are strong points for long-term value retention.

5. Who might this property not suit?
Buyers requiring extensive square footage on one level, or those seeking a home with a pool or top-tier interior size rankings within the entire city, may find it limiting. The data shows the interior space, while adequate, is not among the largest in the broader Winnipeg market.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.