76.3
Good
Property score
76.3
Good
Overall 76.3
Smaller than most nearby homes
1,188 sqft (bottom 10%)
Built in 1988 (7 yrs older than avg)
Located in a high-income area
with median household income of ~122k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 7%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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76.3 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: #46111212
$122K
Median household income
$146K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
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
12 Peres Oblats Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 380 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 33% | Top 36% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 12 Peres Oblats Drive, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in Winnipeg's established Island Lakes neighborhood. Its most defining feature is the exceptionally large lot—at nearly 10,000 sqft, it ranks in the top 2% on its own street, offering significant outdoor space that is rare for the area. The home itself is of average size for Winnipeg (just over 1,180 sqft) but comes with a renovated basement and a detached garage. Built in 1988, it sits comfortably within the average age range for its immediate community.
The primary appeal lies in the land itself. This property is a standout for buyers who prioritize generous outdoor room for gardening, recreation, or future expansion over a large interior footprint. The renovated basement adds functional living space, making the home practical despite its modest main-floor square footage. It recently sold in late 2024, indicating solid market interest.
This home would best suit first-time buyers, downsizers, or practical-minded households seeking an affordable entry into a mature neighborhood with the bonus of a premium-sized yard. It’s for those who see the land as the key asset and are comfortable with a home that is functional and updated in key areas, rather than expansive.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area is below average for both Peres Oblats Drive and the broader Island Lakes neighborhood, but it is very close to the city-wide average for Winnipeg homes. This indicates a more compact interior layout compared to its immediate peers, but one that is typical for many homes across the city.
2. What does the "Elite" ranking for Land Area mean?
This statistical ranking shows that this property’s lot size of 9,863 sqft is larger than 98% of the lots on Peres Oblats Drive. It is a truly standout feature, offering more than double the land area of the average comparable lot on the same street.
3. Is the assessed value a reliable indicator of the recent sale price?
The 2024 sale price range provided aligns closely with the home’s assessed value, suggesting the assessment is current and the sale was near market value. For precise figures, the exact sold price is available upon request from the listing source.
4. What is the significance of the home’s age (1988)?
At 38 years old, the home is of average age for its street and neighborhood. This typically means major components may be due for review or updates, but it also places the home in a stable, established community with mature landscaping.
5. Who might this property not suit?
Buyers seeking a large, modern interior with an open-concept layout or those wanting a move-in-ready home with all contemporary finishes may find the living space limiting. It’s also less suited for those who prefer a low-maintenance, small yard.
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