113 Wayfarer'S Haven

Island Lakes, Winnipeg

Property score

83.8

Excellent

Overall 83.8 · Compared with neighbourhood average

1,619 sqft (bottom 48%) · Built in 1999 (4 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: 1 school, and 3 parks nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Near average

4 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

83.8 is composed by the two sections below.

Property Score

79.3Good
Living Area1,619 sqft83Excellent
Year Built199984Excellent
Lot Size5,820 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

90.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress93Excellent
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: #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
1,619 sqft
0255075100
Same streetBottom 39%Same areaBottom 48%CitywideTop 24%
Same street · Wayfarer'S Haven
#34 / 56
Bottom 39% · Avg 1,725 sqft
Same area · Island Lakes
#1,094 / 2,119
Bottom 48% · Avg 1,635 sqft
Citywide · Winnipeg
#47,549 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
527k
0255075100
Same streetBottom 36%Same areaTop 25%CitywideTop 16%
Same street · Wayfarer'S Haven
#36 / 56
Bottom 36% · Avg 578.9k
Same area · Island Lakes
#536 / 2,119
Top 25% · Avg 494.7k
Citywide · Winnipeg
#30,576 / 194,458
Top 16% · Avg 390.1k

Year Built

above average
1999
0255075100
Same streetBottom 5%Same areaTop 36%CitywideTop 18%

Lot Size

around average
5,820 sqft
0255075100
Same streetBottom 48%Same areaTop 46%CitywideTop 36%

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

113 Wayfarer'S Haven — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 496 m), 3 parks (nearest 299 m).

Search radius
🏫Education1
🌳Parks3

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 7/2024CA$550k–600k
Sold price

Same street

Top 31%

Same area

Top 13%

City-wide

Top 10%
Sold 7/2023CA$550k–600k
Sold price

Same street

Top 31%

Same area

Top 13%

City-wide

Top 10%
Sold 3/2016CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Bottom 30%

City-wide

Top 34%

Related homes

Highlights & common questions: 113 Wayfarer'S Haven, Winnipeg

Property Summary: 113 Wayfarer's Haven, Island Lakes, Winnipeg

Key Characteristics & Appeal

This home is a well-positioned property in the established Island Lakes neighbourhood. Built in 1999, it offers 1,619 sqft of living space with a renovated basement and an attached garage on a 5,820 sqft lot. The data reveals a home that is consistently above average compared to the wider Winnipeg market in terms of size, assessed value, and modern build year. Within its immediate area, it presents as a solid, middle-of-the-road option—not the largest or newest on the street, but one that holds its own with recent updates.

Its primary appeal lies in its balance and stability. The renovated basement adds functional living space, while the home’s metrics suggest a property that has maintained its value well relative to the city. It would suit practical buyers looking for a move-in ready home in a mature suburb, particularly those who value a quiet, established community over a brand-new development. A thoughtful perspective is that its "average" standing on the street could represent a value opportunity, offering the desirable Island Lakes location without the premium price of the largest or most recently built homes on the block.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value is above average for the broader Island Lakes area and citywide, but ranks around the middle of the pack specifically on Wayfarer's Haven. This suggests you're buying into a desirable street where the property is competitively positioned.

2. Is the 1999 build year a concern?
While it’s one of the older homes on its specific street, it is still newer than the average Winnipeg home. A build year of 1999 typically means modern construction standards, but buyers should still prioritize a thorough inspection for age-related maintenance.

3. What does the sold price history indicate?
The property has sold twice in recent years (2023 and 2024) at similar price ranges, indicating a stable and consistent market valuation in the current climate.

4. How usable is the lot size?
At 5,820 sqft, the lot is slightly smaller than the average on its street but very close to the citywide average. It provides typical suburban outdoor space for gardening, play, or entertaining, but may not accommodate extensive additions.

5. Who would this home not suit?
Buyers seeking a brand-new property or the largest home on the block may find it less suitable. Similarly, those prioritizing a massive yard or top-tier rankings in every metric for the immediate street might look elsewhere. It’s best for those who see value in a balanced, well-maintained home in a prime neighbourhood.

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