Property score
72.9
Good
Overall 72.9 · Smaller than most nearby homes
1,221 sqft (bottom 12%) · Built in 1992 (3 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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72.9 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: #46111195
$98K
Median household income
$110K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
22%
Single-person households
32%
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 Gauvreau Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 122 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 20% | Top 22% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 15 Gauvreau Road in Winnipeg's Island Lakes neighbourhood presents a specific and compelling profile. Its key appeal lies in its balance of a well-sized lot, a recently renovated basement, and a position as a newer-built home on its street, all within a mature, family-oriented community.
Key Characteristics & Ideal Buyer
The home's 1,221 sqft living area is modest, placing it below the average for both its immediate street and the broader Island Lakes area, but it aligns closely with the average Winnipeg home. This suggests an efficient, manageable layout rather than expansive square footage. The renovated basement adds valuable finished space and modern appeal. A significant characteristic is the lot size of 5,804 sqft, which is notably larger than the average on Gauvreau Road, offering above-average outdoor space for the immediate locale.
Its appeal is rooted in being a solid, updated property in a stable neighbourhood. The data indicates it is one of the newer homes on its block (built 1992) and carries an assessed value that is high for the street but more moderate within the wider city context. This positions it as a home that may offer better relative value within its own micro-market.
This property would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout in a quiet, established area. It would also appeal to a practical buyer who values a larger, private yard over a larger house footprint, and who appreciates that major updates like the basement renovation are already complete.
Frequently Asked Questions
Q: How does the size of this home compare to others in the area?
A: At 1,221 sqft, the living space is below the average for Island Lakes but is very close to the city-wide average. The home offers a more compact and efficient layout compared to some larger suburban models, which can mean lower utility costs and less upkeep.
Q: The assessed value seems high for the street but lower than the Island Lakes average. What does this indicate?
A: This suggests the property is well-maintained and likely updated compared to its direct neighbours, justifying a higher assessment on that street. Its assessment being below the neighbourhood average may indicate it represents a relatively affordable entry point into the Island Lakes community.
Q: What is the significance of the lot size being larger than the street average?
A: With a 5,804 sqft lot, this property offers more private outdoor space than most of its immediate neighbours. This is a valuable, less obvious perk for gardening, recreation, or future outdoor living features, providing a sense of space that can't be easily added to other homes on the block.
Q: The home sold in mid-2022. What can that recent sale price range tell me?
A: The sold price range from June 2022 provides a concrete, post-pandemic market benchmark. It reflects the home's value at a peak market period, offering a crucial data point for understanding its price trajectory and current market positioning.
Q: Is a single-storey home common in this neighbourhood?
A: While many homes in Island Lakes are two-storey, this one-storey "bungalow" style is less common. This offers distinct advantages for accessibility, ease of cleaning, and often simpler roof and exterior maintenance, which can be appealing for a specific segment of buyers.
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