131 Desjardins Drive

Island Lakes, Winnipeg

Property score

84.7

Excellent

Overall 84.7 · Larger but older than most nearby homes

1,838 sqft (top 27%) · Built in 1987 (8 yrs older than avg)

Located in a high-income area with median household income of ~133k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 70%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

84.7 is composed by the two sections below.

Property Score

80.7Excellent
Living Area1,838 sqft89Excellent
Year Built198778Good
Lot Size5,303 sqft67Good
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income92Excellent
Education Level91Excellent
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: #46111202

Community deep dive

$133K

Median household income

$160K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

14%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)748
Labour force participation rate75%
Median age44.8
Avg household size2.8
Unemployment rate6%
Population density2412 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households14%
Couple families with children38%
Median household income (2020)$133K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority17%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,838 sqft
0255075100
Same streetTop 19%Same areaTop 27%CitywideTop 16%
Same street · Desjardins Drive
#8 / 43
Top 19% · Avg 1,549 sqft
Same area · Island Lakes
#570 / 2,119
Top 27% · Avg 1,635 sqft
Citywide · Winnipeg
#30,628 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
466k
0255075100
Same streetTop 40%Same areaBottom 35%CitywideTop 26%
Same street · Desjardins Drive
#17 / 43
Top 40% · Avg 451.8k
Same area · Island Lakes
#1,385 / 2,119
Bottom 35% · Avg 494.7k
Citywide · Winnipeg
#49,730 / 194,458
Top 26% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetBottom 35%Same areaBottom 25%CitywideTop 25%

Lot Size

around average
5,303 sqft
0255075100
Same streetBottom 42%Same areaBottom 38%CitywideTop 48%

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

131 Desjardins Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 184 m).

Search radius
🌳Parks3

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 8/2022CA$400k–450k
Sold price

Same street

Bottom 47%

Same area

Top 49%

City-wide

Top 25%
Sold 7/2016CA$350k–400k
Sold price

Same street

Bottom 16%

Same area

Bottom 10%

City-wide

Top 45%

Related homes

Highlights & common questions: 131 Desjardins Drive, Winnipeg

Property Overview: 131 Desjardins Drive, Island Lakes, Winnipeg

Key Characteristics & Appeal

This two-storey home in Island Lakes offers a well-proportioned living space of 1,838 sqft, which is notably above average for both the immediate street and the wider city. Built in 1987, it sits on a standard 5,300 sqft lot with an attached garage and an unrenovated basement. The home’s primary appeal lies in its established, mature neighbourhood setting and its spacious interior footprint relative to many Winnipeg homes. Its assessed value is consistent with the local area, suggesting it is priced in line with the market rather than being an outlier.

This property would suit buyers looking for a solid, move-in-ready family home in a quiet area without the premium of a brand-new build. It’s a practical choice for those who value more interior space over a larger yard and who appreciate a neighbourhood with settled character. A thoughtful perspective is that while the home isn't new, its above-average size for the city indicates room to grow, and its "around average" valuation on the street could represent a stable, fair-market entry into a desirable community.


Frequently Asked Questions

1. How does the living space truly compare to other homes?
The 1,838 sqft of living area ranks in the top 19% on its own street and the top 16% citywide, meaning it offers more interior space than the vast majority of comparable Winnipeg homes.

2. Is the assessed value high for the area?
No, it's quite typical. The assessed value ranks around the middle (Top 40%) for Desjardins Drive and slightly above average for Island Lakes as a whole, indicating it is fairly aligned with neighbourhood norms.

3. What does the sale history tell us about the property's value trend?
The home sold previously in 2016 and 2022. The 2022 sale price range shows a significant increase over 2016, reflecting broader market appreciation. Its current assessed value is consistent with the upper end of that 2022 sale range.

4. The home was built in 1987. Should I be concerned about major updates?
The listing notes the basement is unrenovated. While the core structure is nearly 40 years old, the year built is actually newer than the citywide average. A pre-purchase inspection would be wise to gauge the condition of major systems like roof, windows, and plumbing.

5. How does the lot size compare?
At 5,303 sqft, the lot is slightly smaller than the average for both Island Lakes and the city. This is a trade-off for the above-average interior space, offering a manageable yard with less maintenance.

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