Property score
83.8
Excellent
Overall 83.8 · Compared with neighbourhood average
1,618 sqft (bottom 48%) · Built in 1998 (3 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 4 dining spots, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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83.8 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: #46111205
$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
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
15 Causeway Bay — 12 amenities found within 500 m, across 7 categories, including 4 dining (nearest 362 m), 1 healthcare (nearest 410 m), 1 shopping (nearest 315 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 17% | Top 10% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
15 Causeway Bay is a well-maintained, late-90s family home in Winnipeg's established Island Lakes neighbourhood. It presents a balanced offering of space, location, and value, standing out for its above-average assessment in a desirable area.
This home’s primary appeal lies in its solid, move-in-ready foundation within a mature community. The 1,618 sqft living area is spacious for the street and neighbourhood, and the renovated basement adds valuable functional space. Its attached garage and generous 5,800+ sqft lot are standard for the area but remain significant assets. The standout characteristic is its assessed value of $53.70k, which ranks in the top 8% on its street and top 21% in Island Lakes, suggesting a property that is well-kept and valued above many of its direct peers.
The home would best suit practical buyers—growing families or professionals—who prioritize a stable, established neighbourhood over a brand-new build. It’s for someone who sees value in a home from an era known for reliable construction, and who appreciates a property that already holds strong assessed value within its community. A less obvious perspective is that this home represents a "known quantity"; its consistent rankings indicate it’s a secure, middle-ground choice in its market segment, avoiding the extremes of being either a bargain fixer-upper or a premium showcase property.
1. How does this home’s size compare to others?
At 1,618 sqft, the living space is slightly above the average for Causeway Bay and is competitively sized for Island Lakes. City-wide, it sits comfortably above average, offering more interior space than about 75% of Winnipeg homes.
2. What does the assessed value ranking mean?
The assessment is notably strong. It’s higher than 92% of homes on its own street and 79% of homes in Island Lakes. This typically reflects factors like lot desirability, improvements, and overall condition compared to neighbours.
3. Is a 1998-built home considered old?
Not in the Winnipeg context. Built in 1998, it is newer than about 82% of homes across the city. In Island Lakes, it’s close to the neighbourhood average, placing it in the mainstream for this established area.
4. What is the lot like?
The lot is just under 5,836 sqft, which is very typical for both the street and Island Lakes. It provides standard suburban outdoor space for gardening, play, or entertaining.
5. What was its recent sale history?
Public records indicate it sold in October 2022 for between $55.50k and $58.50k. For the precise sale price, you can request the exact figure via email from SaveOnHouse.
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