Property score
84.2
Excellent
Overall 84.2 · Newer than most nearby homes
1,747 sqft (top 38%) · Built in 2002 (7 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Above average
7 yrs newer 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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84.2 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
107 Arpin Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 178 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 36% | Bottom 45% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 107 Arpin Bay, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Island Lakes presents a balanced and above-average offering for the area. Its key characteristic is its consistent ranking above local and city-wide averages for living space, assessed value, and year built. With 1,747 sqft of living area and a renovated basement, it provides ample room for a growing household or those who value dedicated space for work or hobbies. The attached garage and a standard residential lot round out the practical features.
The appeal lies in its established yet not outdated position within a desirable neighbourhood. Built in 2002, the home avoids the potential maintenance issues of much older properties while being part of a mature community with settled greenery and amenities. From a value perspective, its assessed value places it in the top tiers for its street, neighbourhood, and city, suggesting a solid investment in a sought-after location.
This property would best suit buyers looking for a move-in ready, spacious family home in a perennial Winnipeg neighbourhood. It’s ideal for those who prioritize space and a proven community over a brand-new build or a massive lot. A thoughtful perspective for buyers is to consider the renovated basement not just as extra space, but as immediate equity—work is already done, providing functional living area without the project hassle. Additionally, its "above average" standing across multiple metrics on its own street indicates it's one of the stronger properties in a micro-market, which can be a stabilizing factor.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,747 sqft, the living area is above average for homes on Arpin Bay, in the Island Lakes neighbourhood, and across Winnipeg. It ranks in the top 28% on its street.
2. What does the assessed value tell me?
The assessed value of $54.50k is a strong indicator of the property’s municipal valuation for tax purposes. It ranks in the top 11% on Arpin Bay and top 18% in Island Lakes, suggesting it is considered a higher-value home within these areas.
3. Is the lot size typical?
The land area of 5,097 sqft is around the average for Arpin Bay. It is somewhat smaller than the average lot in the broader Island Lakes area and city-wide, which is common for this specific street.
4. When was the home built, and is that a concern?
The home was built in 2002. This is newer than the average Winnipeg home and slightly newer than the average on its street. It places the property in an era of modern construction standards while being old enough that any major initial settling or issues would likely have been addressed.
5. Where can I find the exact historical sale prices?
Exact sold prices are not published publicly. The listing service offers to provide the accurate sale history via email upon request, which they handle manually without using the contact for unsolicited marketing.
