Property score
85.8
Excellent
Overall 85.8 · Newer than most nearby homes
1,734 sqft (top 39%) · Built in 2007 (12 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 52.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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85.8 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: #46111206
$141K
Median household income
$153K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
7%
Single-person households
54%
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
151 Nordstrom Drive — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 448 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 11% | Top 11% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 151 Nordstrom Drive, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes presents a balanced and practical offering. Built in 2007, it is a notably newer construction compared to most Winnipeg homes, offering modern building standards without being brand-new. With 1,734 sqft of living space and a renovated basement, it provides comfortable room for a family. The attached garage and a land size of over 6,000 sqft are solid, functional assets.
Its primary appeal lies in its strong positional value within a desirable neighborhood. The data shows it consistently ranks "above average" to "elite" when compared to other homes in Island Lakes and citywide, particularly for its year of construction and assessed value. This suggests a well-regarded property in a stable area. It’s not the largest or most extravagant home on the street, but it holds its own with a sense of established quality.
This property would best suit pragmatic buyers—growing families or professionals—who prioritize a move-in ready home in a mature neighborhood. It’s for those who value a newer build to minimize immediate major repairs, appreciate the space a renovated basement provides, and are looking for a home that represents a sound, above-average investment within its community rather than a standout trophy property.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in Island Lakes?
The metrics indicate it’s a strong performer in the neighborhood. It’s in the top 2% for year built (much newer than average) and the top 21% for assessed value, meaning it’s considered more valuable than nearly 80% of comparable Island Lakes homes.
2. What does the sold price history from 2021 indicate?
The home sold in the $555k-$585k range in August 2021. While not a current market price, this past transaction, which ranked in the top 11% for the area at that time, confirms the property’s history of commanding a premium relative to its peers.
3. Is the lot size a pro or a con?
At just over 6,000 sqft, the lot is above average for Nordstrom Drive itself but around the typical size for Island Lakes and Winnipeg overall. It offers a very standard suburban yard—adequate for play or gardening, but not an exceptionally large or small parcel.
4. Who might this home not suit?
Buyers seeking a sprawling estate-sized lot, a brand-new build with custom finishes, or a home that is the absolute largest on the block may want to look elsewhere. Its strengths are in its balance and neighborhood standing, not in being the biggest or newest.
5. How reliable is the assessed value as an indicator?
The assessed value of $538k is for municipal tax purposes. Its consistent "above average" ranking across the street, neighborhood, and city is a useful benchmark of the city’s perception of its worth relative to others, but market value is determined by current buyer demand and recent sales of similar homes.
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