83.1
Excellent
Property score
83.1
Excellent
Overall 83.1
Compared with neighbourhood average
1,734 sqft (top 39%)
Built in 1990 (5 yrs older than avg)
Located in a high-income area
with median household income of ~122k
Transit 64.0
6-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 2 parks, and 1 government office nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Near average
5 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
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
83.1 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
120 Peres Oblats Drive — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 455 m), 2 parks (nearest 227 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 11% | Bottom 17% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 120 Peres Oblats Drive in Winnipeg's Island Lakes neighbourhood presents a solid, well-sized family home built in 1990. Its key appeal lies in its above-average living space (1,734 sq ft) compared to most of the city and its immediate street, offering more room than many peers. The home features a renovated basement, adding functional space. While its assessed value is modest for the area, this can indicate a different property tax outlook compared to neighbouring homes. The lot is a standard size for the community. It suits buyers looking for a move-in-ready, spacious home in an established neighbourhood without the premium price tag of a newer build, and who value interior space over an oversized lot or garage.
Key Details & FAQs
What are the key characteristics and who is this home for?
This is a spacious, two-storey home from 1990 with a renovated basement, situated on a standard-sized lot in Island Lakes. Its primary appeal is its generous living area, which ranks in the top 30% on its own street and top 20% citywide, meaning you get more interior space than many comparable homes. The assessed value is notably lower than the Island Lakes average, which could be a point of interest for property tax considerations. It lacks a garage and a pool. This property would best suit practical buyers—growing families or those who work from home—who prioritize interior square footage and updated living spaces over premium lot size or having a garage. It’s a grounded choice in a mature neighbourhood.
Frequently Asked Questions
1. How does the home's size compare to others?
Very favourably. With 1,734 sq ft of living area, it is larger than about 80% of homes across Winnipeg and is also above the average for its own street in Island Lakes.
2. Why is the assessed value lower than the Island Lakes average?
The home's assessed value is in the bottom 25% for the Island Lakes area. This can be due to a variety of factors assessed by the city, and while it may suggest a different valuation approach, it can also influence annual property tax calculations.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and functionality of the space.
4. Is the lack of a garage a significant drawback?
This depends on buyer needs. For those with multiple vehicles or who value protected parking and storage, it is a consideration. The property does have a driveway, and many homes in older areas of Winnipeg manage without garages.
5. How can I get the exact historical sale price?
The listed sale price from 2016 is an estimated range. The provider, SaveOnHouse, offers to send the exact sale price via email upon request, stating they do not use the contact for unsolicited marketing.
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.
