Property score
76.9
Good
Overall 76.9 · Smaller and older than most nearby homes
1,211 sqft (bottom 11%) · Built in 1987 (8 yrs older than avg)
Located in a high-income area with median household income of ~148k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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76.9 is composed by the two sections below.
Property Score
Community Score
Island Lakes
How to read: Share of sales in each ~$50k price band for “island lakes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111205
$148K
Median household income
$155K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
10%
Single-person households
50%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
10 Chenier Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 485 m), 3 parks (nearest 82 m).
Island Lakes · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Violent
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 13% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
10 Chenier Bay is a well-maintained, single-storey home built in 1987, located in Winnipeg's established Island Lakes neighbourhood. With 1,211 sqft of living space, an attached garage, and a renovated basement, it presents a practical and comfortable living option. The home sits on a roughly 5,800 sqft lot, offering typical suburban outdoor space.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of affordability and readiness within a mature, sought-after community. Its living space is modest compared to other homes on its street and in Island Lakes, which is reflected in its below-average assessed value for the area. This creates an accessible entry point into a neighbourhood known for its lakes, pathways, and amenities. The renovated basement adds valuable finished space, increasing its functionality.
It would suit first-time buyers seeking a foothold in a premium area without the premium price tag, or downsizers looking for a manageable, single-level layout in a convenient location. A thoughtful perspective is that while the home ranks below its immediate peers in size and value, it stands well above the Winnipeg city-wide average for assessed value, suggesting you are paying for the desirable location more than the structure itself. It’s a property for those who prioritize community and location over sheer square footage.
Frequently Asked Questions
1. Is this a good value for the Island Lakes area?
Based on assessed value, this home is priced below the average for both its street and the wider Island Lakes neighbourhood, offering a more affordable entry into this community.
2. How does the living space compare to typical Winnipeg homes?
At 1,211 sqft, the living area is very close to the Winnipeg city-wide average, but is notably smaller than the average home on Chenier Bay and in the Island Lakes area.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A viewing or inquiry with the listing agent is necessary to understand the finish quality, layout, and any permitted work.
4. How can I find out the exact historical sale prices?
The exact sold prices are not published publicly. You can request this information directly via the "Get exact sold price history" feature on the listing page by providing your email address.
5. The home was built in 1987. What should I be aware of?
As a home approaching 40 years, a thorough inspection is recommended to assess the condition of major systems like the roof, windows, plumbing, and electrical, which may be nearing or past their typical lifespan.
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