Property score
75.8
Good
Overall 75.8 · Smaller but newer than most nearby homes
1,256 sqft (bottom 15%) · Built in 2004 (9 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Above average
9 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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 Brian Monkman Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 310 m), 2 parks (nearest 292 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 | Top 45% | Top 24% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This one-storey home at 12 Brian Monkman Bay in Winnipeg's Island Lakes neighbourhood presents a specific and practical profile. Its key appeal lies in being a well-maintained, modern home within a mature and desirable area, offering a move-in-ready opportunity at a value-conscious price point.
Key Characteristics & Ideal Buyer
Built in 2004, this home is notably newer than most in Winnipeg and is one of the newest on its own street, suggesting modern construction standards and potentially lower immediate maintenance costs. The living space (1,256 sq ft) is compact compared to other homes in Island Lakes, but it is efficiently designed as a single-level layout, which is a significant advantage for accessibility or those seeking to avoid stairs. The basement has been renovated, adding functional space.
Its value proposition is clear: you are purchasing a newer, updated home in an established neighbourhood for a price that sits below the area average for similar properties. The lot is smaller than typical for the area, which translates to less yard maintenance—a perk for some, a drawback for others. This property would suit first-time buyers, downsizers looking for a manageable single-level home, or value-focused investors seeking a modern rental in a stable community. It’s a practical choice for those who prioritize the quality and age of the home itself over having a large footprint or expansive yard.
1. Is this home a good value compared to others in Island Lakes?
Yes, based on the assessed value metrics. The home’s assessment is around average for Island Lakes but is below the average for homes directly on Brian Monkman Bay. This suggests you may get more modern home for your dollar compared to some neighbouring properties.
2. What are the pros and cons of the lot size?
The land area (4,112 sq ft) is smaller than most in the neighbourhood. The benefit is reduced outdoor upkeep. The trade-off is less private outdoor space and potentially less room for expansions like a deck or garage addition, compared to larger lots nearby.
3. The home seems smaller than area averages. What does that mean practically?
At 1,256 sq ft (plus renovated basement), it offers efficient, single-level living. It’s ideal for smaller households or those seeking a low-maintenance layout. While not a sprawling family home, its newer build year and renovation mean the existing space is likely well-utilized and modern.
4. How does the 2004 build year impact things?
A 2004 build is a major advantage. It means major components like the roof, windows, and HVAC system are likely in good condition and not nearing the end of their lifespan, unlike many older Winnipeg homes. This can provide peace of mind and predictable budgeting.
5. What is the neighbourhood context for this property?
Brian Monkman Bay appears to be a street of relatively newer, above-average-value homes within Island Lakes. This home’s metrics suggest it is one of the smaller, more value-oriented options on that specific street, allowing entry into a desirable micro-location within the broader community.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
