85.8
Excellent
Property score
85.8
Excellent
Overall 85.8
Larger than most nearby homes
1,895 sqft (top 19%)
Built in 1988 (7 yrs older than avg)
Located in a high-income area
with median household income of ~122k
Transit 62.0
2-min walk to transit with 1 nearby route
Within 500m: 2 dining spots, 2 parks, 1 bank/ATM, and 1 government office nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
16% larger 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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85.8 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: #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
124 Cassin Crescent — 6 amenities found within 500 m, across 4 categories, including 2 dining (nearest 402 m), 2 parks (nearest 132 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 12% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 124 Cassin Crescent, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This 4-level split home, built in 1988, offers a practical and spacious layout in the established Island Lakes neighborhood. With 1,895 sqft of living space and a generous 6,713 sqft lot, the home provides above-average room both inside and out compared to most properties on its street, in the area, and across Winnipeg. A key feature is its renovated basement, adding functional living space, and it includes an attached garage.
The primary appeal lies in its solid, roomy fundamentals within a mature community. It’s a property that ranks consistently well for size and land area, suggesting good value for space. It would suit buyers looking for a family home with established landscaping and neighborhood character, who prioritize interior space and a larger yard over a brand-new build. The renovated basement also adds immediate appeal for those needing a rec room, home office, or secondary living area without undertaking the project themselves.
A thoughtful perspective: While the assessed value is around average for Island Lakes, its above-average living and land area for the street suggests it might offer more "house and lot" for a similar tax base as neighboring properties. This makes it a sensible option for space-seeking buyers mindful of long-term property taxes.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
This home’s living area is in the top 24% on its own street and top 14% city-wide, meaning it is genuinely larger than most comparable homes in Winnipeg.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permits, the nature of the renovations (e.g., cosmetic vs. structural), and its intended use (e.g., legal suite, family room).
3. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value (48.60k) is for municipal tax purposes. The last known sold price range was 34.50k-37.50k in 2017. The current market value will depend on recent sales, condition, and market trends.
4. What are the advantages of a 4-level split layout?
This style often provides good separation of living spaces, potentially offering distinct zones for living, sleeping, and recreation. However, it involves multiple staircases, which is a consideration for mobility or young children.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in this data. As noted, you must request them via email from the source, which promises to provide the accurate figures manually without using your email for unsolicited marketing.
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