103 Nordstrom Drive

Island Lakes, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Newer than most nearby homes

1,708 sqft (top 42%) · Built in 2007 (12 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

4% larger than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 64%French · 6%

Past 10 years Island Lakes sales snapshot (~80% of all data)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

84.6 is composed by the two sections below.

Property Score

81.3Excellent
Living Area1,708 sqft86Excellent
Year Built200790Excellent
Lot Size5,406 sqft67Good
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46111206

Community deep dive

$141K

Median household income

$153K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

7%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
1,708 sqft
0255075100
Same streetBottom 49%Same areaTop 42%CitywideTop 21%
Same street · Nordstrom Drive
#37 / 72
Bottom 49% · Avg 1,741 sqft
Same area · Island Lakes
#883 / 2,119
Top 42% · Avg 1,635 sqft
Citywide · Winnipeg
#40,085 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
498k
0255075100
Same streetBottom 28%Same areaTop 42%CitywideTop 20%
Same street · Nordstrom Drive
#52 / 72
Bottom 28% · Avg 519.8k
Same area · Island Lakes
#885 / 2,119
Top 42% · Avg 494.7k
Citywide · Winnipeg
#39,021 / 194,458
Top 20% · Avg 390.1k

Year Built

Elite
2007
0255075100
Same streetTop 29%Same areaTop 2%CitywideTop 13%

Lot Size

around average
5,406 sqft
0255075100
Same streetTop 44%Same areaBottom 43%CitywideTop 46%

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

103 Nordstrom Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 466 m).

Search radius
🌳Parks2

Crime & Safety

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%

Sales History

Sold 6/2019CA$400k–450k
Sold price

Same street

Bottom 18%

Same area

Bottom 38%

City-wide

Top 31%

Related homes

Highlights & common questions: 103 Nordstrom Drive, Winnipeg

Property Overview: 103 Nordstrom Drive, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Island Lakes offers a practical and comfortable family living space. With 1,708 sqft of living area, it sits comfortably above the Winnipeg average, providing ample room without being oversized. A key feature is its renovated basement, adding valuable finished space. The home was built in 2007, making it notably newer than most in the city and especially within its own neighborhood, suggesting modern construction standards and potentially lower immediate maintenance needs.

Its appeal lies in its balanced, middle-ground positioning. It’s not the largest or most expensive home on the street or in Island Lakes, but it holds its own with above-average size citywide and a premium on newness. The attached garage and standard lot size round out a classic suburban package. This property would suit first-time buyers or growing families looking for a move-in-ready home in a well-established neighborhood, who value a modern build year and extra finished space in the basement over having the largest footprint on the block. A thoughtful perspective is that its "above-average for the city, but average for the area" status could represent a smart value entry into a desirable community.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home is currently assessed at $49.80k. The last recorded sale was between $39.50k and $42.50k in June 2019. It's important to consult a real estate professional for a current market valuation, as assessed value for taxes often differs from market value.

2. Is the lot size typical for the area?
Yes. The lot of 5,406 sqft is very close to the average for Nordstrom Drive and Island Lakes, though slightly smaller than the Winnipeg citywide average.

3. What does the "Elite" ranking for Year Built in Island Lakes mean?
This indicates the 2007 build date is newer than approximately 98% of comparable homes in Island Lakes. This is a standout feature, suggesting the neighborhood primarily consists of older homes, making this one a relatively recent construction.

4. How does the living space compare to nearby homes?
On its own street, the living area is just slightly below the local average. However, compared to all of Winnipeg, it offers more space than about 79% of comparable homes, making it a spacious option in the broader market.

5. Why is the assessed value on the street considered "below average"?
The data shows the average assessed value for comparable homes on Nordstrom Drive is about $520k, making this home's $49.80k assessment significantly lower. This may reflect differences in lot size, finishes, or specific model features, and highlights the importance of viewing the property in person to understand its condition and layout relative to neighbors.

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.