150 Dockside Way

Island Lakes, Winnipeg

Property score

86.8

Excellent

Overall 86.8 · Larger and newer than most nearby homes

1,989 sqft (top 12%) · Built in 2003 (8 yrs newer than avg)

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

Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Above average

8 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

86.8 is composed by the two sections below.

Property Score

84.3Excellent
Living Area1,989 sqft92Excellent
Year Built200387Excellent
Lot Size5,448 sqft67Good
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
1,989 sqft
0255075100
Same streetTop 26%Same areaTop 12%CitywideTop 11%
Same street · Dockside Way
#13 / 50
Top 26% · Avg 1,818 sqft
Same area · Island Lakes
#261 / 2,119
Top 12% · Avg 1,635 sqft
Citywide · Winnipeg
#21,563 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
513k
0255075100
Same streetBottom 34%Same areaTop 32%CitywideTop 18%
Same street · Dockside Way
#33 / 50
Bottom 34% · Avg 574.6k
Same area · Island Lakes
#680 / 2,119
Top 32% · Avg 494.7k
Citywide · Winnipeg
#34,490 / 194,458
Top 18% · Avg 390.1k

Year Built

above average
2003
0255075100
Same streetTop 8%Same areaTop 20%CitywideTop 16%

Lot Size

around average
5,448 sqft
0255075100
Same streetTop 50%Same areaBottom 44%CitywideTop 45%

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

150 Dockside Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 231 m), 2 parks (nearest 233 m).

Search radius
🏫Education1
🌳Parks2

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 4/2020CA$400k–450k
Sold price

Same street

Bottom 35%

Same area

Top 50%

City-wide

Top 25%

Related homes

Highlights & common questions: 150 Dockside Way, Winnipeg

Property Overview: 150 Dockside Way, Island Lakes, Winnipeg

Key Characteristics & Appeal

This home at 150 Dockside Way is a well-sized, modern property built in 2003, offering nearly 2,000 square feet of living space. Its living area is notably above average for the street, neighborhood, and city, providing more interior room than most comparable homes. A key feature is the renovated basement, adding functional space and modern appeal. The property sits on a standard-sized lot for the area and includes an attached garage.

The primary appeal lies in its balance of space, modernity, and location. It’s a home that offers more room than many in Winnipeg without an excessively high assessed value for its neighborhood, suggesting a good value proposition. It would suit practical buyers—growing families or professionals—who prioritize move-in-ready, spacious interiors in an established suburban community like Island Lakes over a premium lot size or brand-new construction. A thoughtful perspective is that this home represents a "sweet spot": it’s newer than most city homes, reducing immediate major repair concerns, yet not so new that it carries the premium of the latest builds. Its value is rooted in usable, updated space rather than land size or luxury finishes.


Frequently Asked Questions

1. How does the property's value compare to others on the street?
The home’s assessed value is around the middle range for Dockside Way, but you get more living space than most neighbors. This suggests you may be paying for the interior square footage and updates rather than a premium lot location.

2. What does a "renovated basement" typically mean in a 2003 home?
While specifics would require an inspection, for a home of this age, a basement renovation likely modernized a finished space originally built with the house. It could include updated flooring, lighting, and amenities, adding valuable living or recreational area.

3. Is the lot size a drawback?
The lot is average for Island Lakes. It provides standard suburban outdoor space but isn't oversized. The trade-off is that the home itself offers above-average interior space, which may be a better fit for buyers who prioritize living area over extensive yard maintenance.

4. What is the significance of the sold price history from 2020?
The 2020 sale provides a historical benchmark, but market conditions have shifted. It’s most useful for understanding the property’s price trajectory rather than determining its current market value, which should be based on recent comparable sales.

5. Who would this home not suit as well?
Buyers seeking a very large yard, a brand-new build, or a home with the absolute highest assessed value on the block might look elsewhere. This property is geared toward those who value practical, updated space within a mature neighborhood.

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