Property score
85.7
Excellent
Overall 85.7 · Compared with neighbourhood average
1,788 sqft (top 34%) · Built in 1988 (7 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
9% larger than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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85.7 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: #46111206
$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
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
106 Smuggler'S Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 267 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 | Top 38% | Top 43% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 106 Smuggler's Cove, Winnipeg
Key Characteristics & Appeal
This 4-level split home in Island Lakes offers a compelling blend of space and location. Built in 1988, its primary appeal lies in its generous proportions relative to its surroundings. With 1,788 sqft of living area, it ranks in the top 10% for size on its own street and top 18% citywide. The lot is a significant feature at 9,402 sqft, placing it in the top 13% locally, offering ample outdoor space that is increasingly rare. The home includes a renovated basement and an attached garage.
Its value proposition is nuanced. The assessed value is above average citywide but sits around the middle for the immediate neighborhood, suggesting a well-sized property at a relatively efficient price point for the area. This home would suit buyers prioritizing indoor and outdoor space over a brand-new build. It’s ideal for a growing family seeking room to spread out in a mature, established community, or for someone who values a larger, private yard for gardening or recreation without moving to the city's outskirts.
Frequently Asked Questions
1. How does the home’s age affect its value?
While the 1988 build date is below average for the street, the home’s above-average living and land area help balance this. It suggests value is driven more by its spacious footprint and lot than by being a recent construction, potentially offering more "house" for your dollar.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value provides a benchmark for property taxes. The fact that it's above average citywide but average for Island Lakes indicates the home is in a desirable area. Final sale price will depend on market conditions, the home's specific condition, and the value buyers place on its large lot and living space.
3. What does the large land area (over 9,400 sqft) practically mean?
This is a standout feature. It offers significant potential for outdoor living, gardening, play space, or future additions like a shed or deck. It also provides more privacy and distance from neighbors than many newer lots in the city.
4. The home last sold in 2022. What should I consider?
A recent sale indicates a potentially motivated seller and provides a clear, modern price precedent. It’s important to find out what updates or changes the current owners have made since their purchase to understand the home’s current condition and value.
5. How does this home compare to others in Island Lakes?
It offers more living space and a significantly larger lot than the average home in the neighborhood. While its build date is slightly older than the area average, you are getting more physical property, which is a trade-off some buyers will find favorable.
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