148 Henry Dormer Drive

Island Lakes, Winnipeg

Property score

84.0

Excellent

Overall 84.0 · Newer than most nearby homes

1,726 sqft (top 40%) · Built in 2004 (9 yrs newer than avg)

Located in a high-income area with median household income of ~148k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Above average

9 yrs newer 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

84.0 is composed by the two sections below.

Property Score

79.6Good
Living Area1,726 sqft86Excellent
Year Built200487Excellent
Lot Size4,544 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

90.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress93Excellent
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: #46111205

Community deep dive

$148K

Median household income

$155K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

10%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
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
1,726 sqft
0255075100
Same streetTop 43%Same areaTop 40%CitywideTop 20%
Same street · Henry Dormer Drive
#23 / 53
Top 43% · Avg 1,678 sqft
Same area · Island Lakes
#842 / 2,119
Top 40% · Avg 1,635 sqft
Citywide · Winnipeg
#38,731 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
534k
0255075100
Same streetTop 30%Same areaTop 22%CitywideTop 15%
Same street · Henry Dormer Drive
#16 / 53
Top 30% · Avg 512.8k
Same area · Island Lakes
#470 / 2,119
Top 22% · Avg 494.7k
Citywide · Winnipeg
#28,709 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
2004
0255075100
Same streetTop 2%Same areaTop 15%CitywideTop 15%

Lot Size

around average
4,544 sqft
0255075100
Same streetBottom 45%Same areaBottom 15%CitywideBottom 35%

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

148 Henry Dormer Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 288 m), 3 parks (nearest 315 m).

Search radius
🏫Education1
🌳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 6/2021CA$400k–450k
Sold price

Same street

Bottom 43%

Same area

Top 49%

City-wide

Top 25%
Sold 9/2017CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 7%

City-wide

Top 48%

Related homes

Highlights & common questions: 148 Henry Dormer Drive, Winnipeg

Property Overview: 148 Henry Dormer Drive, Island Lakes

Section 1: Key Characteristics & Appeal

This well-maintained home, built in 2004, offers a practical and comfortable living space in the established Island Lakes neighbourhood. Its key appeal lies in its balance of above-average condition and sensible scale. With 1,726 sqft of living space, it sits comfortably within the average range for its immediate area, making it a manageable size for daily living without feeling cramped. A significant feature is the renovated basement, which adds valuable finished space and modern functionality.

The home’s standout characteristic is its relative newness compared to its peers; it is one of the newest homes on its street, suggesting potentially fewer major maintenance concerns in the near term. The attached garage adds convenience year-round. While the lot size is slightly more compact than some in Island Lakes, it translates to less yard upkeep. This property would suit first-time buyers or downsizers seeking a move-in-ready home in a mature community, or practical investors attracted by its modernized features and strong assessed value ranking across the city. It’s a home that prioritizes low-hassle, comfortable living over sheer size.

Section 2: Frequently Asked Questions

1. How does this home compare in size and value to others nearby?
Within Island Lakes and on its own street, the living area is around average. However, its Assessed Value ranks above average in all categories—street, neighbourhood, and city-wide—indicating it is viewed as a higher-value property relative to its peers.

2. What does the "renovated basement" typically include?
While specifics should be verified by a viewing or inspection, a renovated basement in this context generally means the lower level has been finished into livable space, such as a family room, additional bedrooms, or a recreational area, with proper flooring, walls, and ceilings.

3. Is the lot size a disadvantage?
The lot is more compact than the Island Lakes average. This could be a drawback for those wanting extensive outdoor space but an advantage for buyers seeking lower maintenance, easier landscaping, and a cozier yard.

4. The home sold in 2021 and 2017. What does that indicate?
The two sales in a relatively short period are not uncommon. It could reflect typical homeowner movement, but it’s a point to discuss with your agent to understand the context and ensure there are no underlying issues.

5. How can I get the exact historical sold prices?
The listed prices are estimated ranges from public data. The listing service offers to provide the exact sale figures via a manual email request, which they promise to fulfill without using your email for marketing spam.

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