Property score
75.8
Good
Overall 75.8 · Smaller but newer than most nearby homes
1,245 sqft (bottom 14%) · Built in 2002 (7 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Below average
24% smaller 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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75.8 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
12 Arpin Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 236 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 9% | Bottom 27% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 12 Arpin Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This single-storey home at 12 Arpin Bay is a practical and well-situated property in the established Island Lakes neighbourhood. Built in 2002, it is notably newer than many homes city-wide and on its own street, suggesting modern construction standards and potentially fewer major maintenance concerns in the near term. The home features a renovated basement and an attached garage, with a living space of 1,245 sq ft on a 4,398 sq ft lot.
Its primary appeal lies in its balance and location. While the house is more compact than many in Island Lakes, its assessed value is strong compared to the wider Winnipeg market, indicating good perceived value for its condition and area. The lot size is smaller than area averages, which translates to less yard maintenance—a plus for some buyers. This property would suit first-time buyers, downsizers, or practical investors seeking a manageable, modern home in a desirable neighbourhood without the premium price tag of a larger lot or footprint. It’s a home that offers livability in a mature community, rather than luxury space.
Frequently Asked Questions
1. Is this house smaller than others in the area?
Yes. At 1,245 sq ft, the living area is below the average for both Arpin Bay and the broader Island Lakes neighbourhood. This makes it a more manageable size for smaller households.
2. What does the assessed value tell me about this property?
Its assessment is above average compared to the entire city, but around average for Island Lakes. This often means you are paying for the desirability of the neighbourhood itself, with the home representing a solid entry point into the area.
3. The lot seems smaller. Is that a disadvantage?
It depends on your priorities. The lot is below average in size for the street and area, which limits expansive gardening or outdoor recreation space. However, it also means significantly less yard work and upkeep, which many buyers appreciate.
4. How can I find out the exact historical sale price?
The exact sold prices are not published publicly. You can request the precise history by emailing the listing service via the "Get exact sold price history" button on the detail page. They provide this data manually without using your email for marketing.
5. The home was built in 2002. What should I consider?
A 24-year-old home is relatively modern, likely featuring contemporary wiring, plumbing, and insulation. It is past the initial "newness" phase, so a thorough inspection of major systems (roof, HVAC, windows) for expected mid-life upkeep is advisable.
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