112 Wayfarer'S Haven

Island Lakes, Winnipeg

Property score

90.2

Excellent

Overall 90.2 · Larger and newer than most nearby homes

2,109 sqft (top 8%) · Built in 2001 (6 yrs newer than avg)

Located in a high-income area with median household income of ~148k

Transit 52.0 · 6-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 70%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

90.2 is composed by the two sections below.

Property Score

90.0Excellent
Living Area94
2,109 sqftExcellent
Year Built87
2001Excellent
Lot Size97
10,043 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

90.5Excellent
Household Income93
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46111205

Community deep dive

$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

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
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
2,109 sqft
0255075100
Same streetTop 7%Same areaTop 8%CitywideTop 8%
Same street · Wayfarer'S Haven
#4 / 56
Top 7% · Avg 1,725 sqft
Same area · Island Lakes
#159 / 2,119
Top 8% · Avg 1,635 sqft
Citywide · Winnipeg
#16,139 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
639k
0255075100
Same streetTop 16%Same areaTop 3%CitywideTop 6%
Same street · Wayfarer'S Haven
#9 / 56
Top 16% · Avg 578.9k
Same area · Island Lakes
#71 / 2,119
Top 3% · Avg 494.7k
Citywide · Winnipeg
#11,232 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2001
0255075100
Same streetTop 23%Same areaTop 30%CitywideTop 17%

Lot Size

above average
10,043 sqft
0255075100
Same streetTop 14%Same areaTop 8%CitywideTop 6%

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

112 Wayfarer'S Haven — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 300 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 10/2020CA$600k–650k
Sold price

Same street

Top 23%

Same area

Top 6%

City-wide

Top 7%

Related homes

Highlights & common questions: 112 Wayfarer'S Haven, Winnipeg

Property Overview: 112 Wayfarer's Haven, Island Lakes

Key Characteristics & Appeal

This two-storey home in Island Lakes is defined by its above-average scale and generous lot. With 2,109 sqft of living space, it ranks in the top 7-8% for size both on its street and in the wider city, offering more room than most comparable homes. This is complemented by a large, 10,043 sqft lot, placing it in the top 14% on its street for land area. The home features a renovated basement and an attached garage, and was built in 2001—a period that often balances modern building standards with established neighborhood maturity.

The appeal lies in securing a property that outperforms key metrics in its immediate area and across Winnipeg. It’s not just a spacious home; it’s a consistently above-average one in a sought-after neighborhood. The high assessed value ranking, especially its "Elite" top 3% standing in Island Lakes, signals strong intrinsic value relative to the area.

This home would suit buyers prioritizing space, both indoors and outdoors, who see value in a property that stands out statistically in its peer group. It’s ideal for growing families or those who entertain, and for value-conscious buyers who appreciate a home with a strong positional foundation in the market.

Frequently Asked Questions

1. What does the "Elite" ranking for Assessed Value in Island Lakes mean?
It means this home’s assessed value is in the top 3% of all 2,119 comparable properties in the Island Lakes area, indicating it is valued significantly higher than the neighborhood average. This often reflects the home’s larger size, lot, and renovations.

2. How does the lot size compare practically?
At over 10,000 sqft, the lot is substantially larger than the Island Lakes average (~6,400 sqft). This translates to more private outdoor space, greater potential for landscaping, gardens, or additions, and typically more distance from neighbors.

3. The home was built in 2001. Are there any considerations with that age?
Homes from this era benefit from modern wiring and materials, but major components like the roof, HVAC system, or original windows may be nearing or due for proactive maintenance or replacement, which should be factored into a inspection.

4. The sold price history shows a range. How can I get the exact figure?
The exact sold price is available upon request from the listing service. You can provide your email to receive the precise figure, as this data is manually verified to ensure accuracy.

5. The living area is in the top 8% city-wide. Is the layout efficient?
While the data confirms generous square footage, efficiency and layout are not specified. The ranking means you have more space to work with than most Winnipeg homes, but viewing the floor plan or visiting in person is essential to see how the space flows and meets your needs.