12 Mckall Bay

Island Lakes, Winnipeg

Property score

79.7

Good

Overall 79.7 · Compared with neighbourhood average

1,564 sqft (bottom 42%) · Built in 1993 (2 yrs older 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: 8 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 64%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

79.7 is composed by the two sections below.

Property Score

73.2Good
Living Area1,564 sqft79Good
Year Built199381Excellent
Lot Size4,489 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
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: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
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
1,564 sqft
0255075100
Same streetTop 21%Same areaBottom 42%CitywideTop 27%
Same street · Mckall Bay
#8 / 38
Top 21% · Avg 1,372 sqft
Same area · Island Lakes
#1,239 / 2,119
Bottom 42% · Avg 1,635 sqft
Citywide · Winnipeg
#52,822 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
462k
0255075100
Same streetTop 32%Same areaBottom 32%CitywideTop 26%
Same street · Mckall Bay
#12 / 38
Top 32% · Avg 452.1k
Same area · Island Lakes
#1,437 / 2,119
Bottom 32% · Avg 494.7k
Citywide · Winnipeg
#51,121 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1993
0255075100
Same streetBottom 32%Same areaBottom 48%CitywideTop 21%

Lot Size

around average
4,489 sqft
0255075100
Same streetBottom 21%Same areaBottom 13%CitywideBottom 34%

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

12 Mckall Bay — 16 amenities found within 500 m, across 8 categories, including 8 dining (nearest 216 m), 1 healthcare (nearest 407 m), 1 shopping (nearest 323 m).

Search radius
🍽️Dining8
🏥Healthcare1
🛒Shopping1
🌳Parks1
💪Sports1
🏦Finance2
Fuel Stations1
🏛️Government1

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 3/2022CA$550k–600k
Sold price

Same street

Top 11%

Same area

Top 13%

City-wide

Top 10%

Related homes

Highlights & common questions: 12 Mckall Bay, Winnipeg

Property Overview: 12 McKall Bay, Island Lakes, Winnipeg

Key Characteristics & Appeal

This two-storey home in Island Lakes offers a practical and comfortable living space with a renovated basement and an attached garage. Built in 1993, it presents a well-maintained, established home in a mature neighbourhood. Its primary appeal lies in its efficient use of space and strong value positioning within the market.

The 1,564 sqft living area is notably above average for both its immediate street and the city overall, suggesting a spacious interior layout compared to many peers. While the lot size is more compact relative to others in Island Lakes, this often translates to less yard maintenance. The home’s assessed value is solidly above the Winnipeg average, indicating good municipal valuation, yet its last known sale price range (from 2022) was in a highly competitive percentile, hinting at strong buyer demand for this specific property type and location.

This home would suit buyers looking for a move-in ready, low-maintenance property in a family-friendly community. It’s ideal for professionals or small families who prioritize interior space over a large yard. The renovated basement adds valuable flexible space for recreation, a home office, or guests. Its above-average metrics in key areas, like living space and citywide value, suggest a property that punches above its weight, offering a compelling blend of space, updates, and location without the premium of a brand-new build.

Frequently Asked Questions

1. How does the lot size impact the property?
While the land area is below the average for the Island Lakes area, it offers a manageable yard requiring less upkeep. This can be a significant advantage for buyers seeking a low-maintenance outdoor space or who prioritize indoor living area.

2. What does the "above average" citywide assessed value indicate?
The assessed value being in the top 26% citywide suggests the property is valued higher than most homes in Winnipeg by the municipal assessor. This often reflects a combination of the home’s condition, updates (like the basement), and its desirable neighbourhood.

3. The home sold in 2022. What does that sale price percentile mean?
The sold price at that time ranked in the top 10-13% compared to citywide sales, meaning it sold for more than nearly 90% of similar transactions. This strong historical performance indicates the property has been highly competitive in the market.

4. Is a home built in 1993 a concern?
Built 33 years ago, the home is from an era with modern building standards. It’s newer than the typical Winnipeg home (citywide average year built is 1966). Buyers should focus on the condition of major systems (roof, HVAC, windows) which would be expected to have been updated or nearing their service life.

5. How does the living space compare to the neighbourhood?
The living area is in the top 21% on its own street, meaning it’s larger than most direct neighbours. However, it’s close to the average for the broader Island Lakes area. This suggests you get more interior space than the immediate houses around it, which is a subtle but valuable advantage.

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