16 De Caigny Cove

Island Lakes, Winnipeg

Property score

90.1

Excellent

Overall 90.1 · Larger than most nearby homes

2,266 sqft (top 3%) · Built in 1992 (3 yrs older than avg)

Located in a high-income area with median household income of ~133k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

39% larger than neighborhood avg.

Year Built

Near average

3 yrs older 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

90.1 is composed by the two sections below.

Property Score

89.7Excellent
Living Area2,266 sqft96Excellent
Year Built199281Excellent
Lot Size9,573 sqft95Excellent
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income92Excellent
Education Level91Excellent
Housing Stress83Excellent
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: #46111202

Community deep dive

$133K

Median household income

$160K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

14%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)748
Labour force participation rate75%
Median age44.8
Avg household size2.8
Unemployment rate6%
Population density2412 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households14%
Couple families with children38%
Median household income (2020)$133K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority17%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,266 sqft
0255075100
Same streetTop 8%Same areaTop 3%CitywideTop 5%
Same street · De Caigny Cove
#3 / 40
Top 8% · Avg 1,795 sqft
Same area · Island Lakes
#67 / 2,119
Top 3% · Avg 1,635 sqft
Citywide · Winnipeg
#10,695 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
634k
0255075100
Same streetTop 13%Same areaTop 4%CitywideTop 6%
Same street · De Caigny Cove
#5 / 40
Top 13% · Avg 542.9k
Same area · Island Lakes
#78 / 2,119
Top 4% · Avg 494.7k
Citywide · Winnipeg
#11,606 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
1992
0255075100
Same streetTop 28%Same areaBottom 45%CitywideTop 21%

Lot Size

above average
9,573 sqft
0255075100
Same streetTop 18%Same areaTop 10%CitywideTop 7%

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

16 De Caigny Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 393 m).

Search radius
🌳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 8/2023CA$700k–750k
Sold price

Same street

Top 8%

Same area

Top 1%

City-wide

Top 3%
Sold 8/2022CA$700k–750k
Sold price

Same street

Top 15%

Same area

Top 1%

City-wide

Top 3%

Related homes

Highlights & common questions: 16 De Caigny Cove, Winnipeg

Property Overview

16 De Caigny Cove is a spacious, well-established two-storey home in Winnipeg’s Island Lakes neighbourhood. Built in 1992, it features over 2,200 square feet of living space, a renovated basement, an attached garage, and sits on a large, private lot of nearly 10,000 square feet. Its consistent appeal is rooted in its above-average size and land area compared to most homes on its street, in the area, and across the city.

Key Characteristics & Appeal
This home’s primary strength is its generous scale and established presence. The living area places it in the top 3% of homes in Island Lakes, offering significant interior space for a growing family or those who value room to spread out. The lot size is also a standout feature, providing ample outdoor privacy and potential—a rarity in many newer subdivisions. With a renovated basement and an attached garage, it offers practical, modern comforts within a mature neighbourhood setting.

The property would suit buyers looking for a substantial family home without the premium of a brand-new build. It’s ideal for those who prioritize interior space and a larger yard over a recently constructed property. The data suggests it consistently commands respect in the market, with sold prices historically ranking in the top tiers for the area. A thoughtful perspective is that this home represents a "sweet spot" of maturity—the neighbourhood and landscaping are well-established, yet the home is not so old that major systemic replacements are immediately looming. It appeals to the buyer who sees value in proven communities and solid, spacious layouts over brand-new but potentially smaller lots.


Frequently Asked Questions

1. How does this home’s size truly compare to others?
The living area of 2,266 sq ft is notably larger than average. It ranks in the top 8% on its own street, the top 3% in Island Lakes, and the top 5% citywide.

2. What is the significance of the lot size?
At 9,573 sq ft, the lot is substantially larger than most. It’s about 50% bigger than the average lot in Island Lakes, offering greater outdoor space and privacy.

3. How have its past sale prices performed?
Recent sale prices have consistently ranked in the top tier for the area, indicating strong market recognition for its size and location.

4. Is the assessed value a good indicator of the home’s market position?
Yes. The assessed value ranks in the top 4% in Island Lakes and top 6% citywide, reflecting its above-average characteristics compared to peers.

5. Given it was built in 1992, what should I consider?
While the home is well-established, a buyer should focus on the condition and age of major components like the roof, windows, and HVAC systems, which may be due for updates or replacement based on their maintenance history.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.