Property score
76.2
Good
Overall 76.2 · Smaller but newer than most nearby homes
1,222 sqft (bottom 13%) · Built in 2003 (8 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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76.2 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: #46111205
$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
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
119 Henry Dormer Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 345 m), 3 parks (nearest 208 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 29% | Bottom 43% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 119 Henry Dormer Drive in Winnipeg's Island Lakes neighbourhood presents a specific value proposition. Built in 2003, its key appeal lies in being a newer construction within an established area, offering modern building systems without the premium of a brand-new build. With 1,222 sqft of living space, an attached garage, and an unfinished basement, it's a functionally straightforward layout.
The home’s standout characteristic is its context. While its living space and lot size are below average for its immediate street and neighbourhood, this translates to a lower assessed value, positioning it as one of the most accessible entry points into Island Lakes. This is ideal for first-time buyers or downsizers seeking the amenities and stability of a mature community—like parks, schools, and nearby retail—without the higher price tag of a larger home on the block. The unfinished basement, while not a feature, represents potential for future customization or added value.
A thoughtful perspective: this property suits a pragmatic buyer who prioritizes location and a solid building envelope over immediate square footage. It’s a home that allows you to invest in the neighbourhood first, with the option to grow into the space over time.
Frequently Asked Questions
1. Is this a good value for the Island Lakes area?
Yes, particularly if getting into the neighbourhood is a priority. The assessed value is significantly below the area average, making it a comparatively affordable option in a sought-after community.
2. Why is the assessed value lower than nearby homes?
The primary reasons are the home’s smaller-than-average living area and lot size for Island Lakes. It's a compact property on a street of larger homes, which is reflected in its valuation.
3. What are the implications of the unfinished basement?
It offers flexibility. While it requires an investment to finish, it allows a new owner to customize the space to their needs—whether as a rec room, home office, or additional bedrooms—without undoing someone else’s renovations.
4. The home is described as "below average" for the street in several metrics. Is that a concern?
This statistical context is important for setting expectations. It means you are purchasing a more modest property on the block, which explains its pricing. It’s not a comment on condition, but on relative size and value.
5. As a 2003 build, what should I be aware of?
Homes from this era generally have modern wiring, plumbing, and building materials. A key focus for a home inspection would be the roof (approaching a typical replacement age), original HVAC systems, and ensuring proper drainage around the foundation, as the lot is relatively compact.
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