161 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

72.6

Good

Overall 72.6 · Smaller than most nearby homes

1,280 sqft (bottom 18%) · Built in 1988 (7 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 71%French · 5%

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

72.6 is composed by the two sections below.

Property Score

64.8Fair
Living Area1,280 sqft66Good
Year Built198878Good
Lot Size4,453 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

84.2Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110514

Community deep dive

$106K

Median household income

$129K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

18%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)947
Labour force participation rate60%
Median age47.6
Avg household size2.5
Unemployment rate9%
Population density2309 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children31%
Median household income (2020)$106K

Housing

Renter households20%
Condominium dwellings10%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority16%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 71%
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

around average
1,280 sqft
0255075100
Same streetTop 49%Same areaBottom 18%CitywideTop 43%
Same street · Island Shore Boulevard
#38 / 77
Top 49% · Avg 1,355 sqft
Same area · Island Lakes
#1,729 / 2,119
Bottom 18% · Avg 1,635 sqft
Citywide · Winnipeg
#83,403 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
344k
0255075100
Same streetBottom 4%Same areaBottom 1%CitywideBottom 44%
Same street · Island Shore Boulevard
#74 / 77
Bottom 4% · Avg 433.7k
Same area · Island Lakes
#2,105 / 2,119
Bottom 1% · Avg 494.7k
Citywide · Winnipeg
#108,668 / 194,458
Bottom 44% · Avg 390.1k

Year Built

above average
1988
0255075100
Same streetBottom 44%Same areaBottom 32%CitywideTop 24%

Lot Size

around average
4,453 sqft
0255075100
Same streetBottom 31%Same areaBottom 11%CitywideBottom 33%

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

161 Island Shore Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 107 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 3/2019CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 161 Island Shore Boulevard, Winnipeg

Property Overview

This two-storey home at 161 Island Shore Boulevard in Winnipeg's Island Lakes neighbourhood presents a specific and value-oriented opportunity. Its key appeal lies in being a more modestly-sized and assessed property within a well-established area. With 1,280 sqft of living space, a renovated basement, and built in 1988, it sits around the average mark for its immediate street and city-wide, but notably below the average for the larger Island Lakes community in terms of size, land, and assessed value. This creates a distinct profile: a home that offers entry into a desirable neighbourhood without the premium price tag often associated with it. The lot is a manageable 4,453 sqft, and the home does not have a garage or pool.

It would suit first-time buyers or downsizers seeking the established setting and amenities of Island Lakes with a lower financial barrier to entry. It's also a practical fit for those who prefer a home without extensive yard maintenance or the upkeep of additional features like a pool. A thoughtful perspective is that its below-average assessment for the area could be appealing for property tax considerations, while its renovated basement adds functional living space that the main floor square footage alone might not suggest.


Frequently Asked Questions

1. How does this home's value compare to others in Island Lakes?
The home's assessed value is significantly below the average for the Island Lakes neighbourhood, ranking in the bottom 1%. This indicates it is one of the most value-priced properties in the area, which is a key part of its listing proposition.

2. Is the living space smaller than typical for the area?
Yes. At 1,280 sqft, the living area is below the Island Lakes community average. However, it is close to the average for the city overall and for its specific street, suggesting a more compact, efficient layout that is common in many Winnipeg homes.

3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This is a key point to clarify with the seller or listing agent to understand the finish quality, room layouts, and whether any permits were obtained for the work.

4. There's no garage. Where is parking available?
The property has no garage. Parking would be limited to the driveway and/or on-street. Prospective buyers should verify the driveway capacity and local street parking regulations.

5. The sold price history shows a range. How can I get the exact figure?
The exact sold price from its last transaction in March 2019 is not publicly displayed in this data. As noted, you can request it directly via the provided email link, and the service aims to provide the accurate figure manually without using your email for marketing.

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