Property score
83.1
Excellent
Overall 83.1 · Larger but older than most nearby homes
1,875 sqft (top 21%) · Built in 1985 (10 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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83.1 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: #46110514
$106K
Median household income
$129K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
31%
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
11 Island Cove — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 179 m), 2 parks (nearest 256 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 1% | Bottom 24% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 11 Island Cove, Island Lakes, Winnipeg
Key Characteristics & Buyer Profile
This two-storey home at 11 Island Cove is a solid, established property in the Island Lakes neighbourhood. Built in 1985, it offers 1,875 sqft of living space with a renovated basement and an attached garage. The home presents a practical balance: its living space is comfortably above the Winnipeg city average, yet it sits on a land parcel (6,642 sqft) that is slightly more compact than others on its own street. This suggests a manageable yard with less maintenance. The assessed value is positioned around the average for both the immediate street and the broader Island Lakes area, indicating a fair market positioning without premium pricing.
Its appeal lies in its proven neighbourhood and functional layout. The renovated basement adds valuable finished space, and the home’s size offers room for a growing family or those needing a home office. It would suit buyers looking for a move-in ready, no-surprises home in a mature, sought-after suburb—particularly those who value space indoors over extensive yard work. A thoughtful perspective is that this property represents the "steady middle" of its market: it’s not the newest or largest on the block, but it offers dependable size and updates in a prime location, making it a prudent choice for stability over flash.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,875 sqft, the living area is above average for both Winnipeg overall and the Island Lakes neighbourhood, offering more interior space than many comparable homes. On its specific street, however, it is slightly below the average for the group.
2. Is the property assessed at a fair value?
The assessed value is very close to the average for both Island Cove and the Island Lakes neighbourhood, suggesting it is priced consistently with its immediate peers. Citywide, it ranks above average, reflecting the desirability of the area.
3. What is the lot size, and is it typical?
The lot is 6,642 sqft. It is above average for the city and Island Lakes, but it is one of the smaller lots on Island Cove itself, where properties tend to have larger land areas.
4. How old is this home, and what does that mean?
Built in 1985, the home is older than most in Island Lakes but is newer than the average Winnipeg home. This suggests it may have more modern construction basics than many city properties, but potential buyers should still consider the age of major systems like roof, windows, and HVAC.
5. Where can I find the exact historical sold price?
The listing provides an estimated sold price range from 2017. For the precise sale history, you can request the exact data via email from the listing service, which provides it manually without using your email for unsolicited marketing.
