Property score
90.2
Excellent
Overall 90.2 · Larger and newer than most nearby homes
2,133 sqft (top 6%) · 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
Living Area
Above average
30% 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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90.2 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
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 25% | Top 19% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 175 Nordstrom Drive, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes presents a compelling blend of space, location, and modern comfort. Its key characteristic is an exceptionally large lot—over 11,600 sqft, ranking in the top 1% on its street—offering rare potential for privacy, gardening, or expansion. The living area (2,133 sqft) is also notably spacious, placing it well above average for the neighbourhood and city. Built in 2007, the home is relatively modern with a renovated basement and an attached garage.
The appeal lies in its established, above-average positioning. It’s not just a standard family home; it’s one that outperforms most peers in its immediate area for lot size, living space, and assessed value. This suggests a property that has been well-maintained and sits on a premium parcel of land. It would ideally suit buyers looking for a long-term family home in a mature neighbourhood who value generous indoor and outdoor space over a brand-new build. It’s also a fit for those who appreciate data-driven value—seeing the home’s "elite" rankings for lot and value in a sought-after area like Island Lakes provides concrete reassurance of its standing.
Section 2: Frequently Asked Questions
1. What does the "Top 1%" ranking for Land Area actually mean?
It means this property’s lot size is larger than 99% of the 72 homes on Nordstrom Drive. Compared to the street average of about 5,586 sqft, this lot is more than double the size, offering significant outdoor space.
2. The assessed value is listed at $61.90k. Is that the market value?
No. In Manitoba, the assessed value is for municipal tax purposes and is typically much lower than market value. The rankings show this assessment is in the top 3% on its street, indicating the city views it as a substantially more valuable property than its neighbours.
3. How updated is the home, given it was built in 2007?
The listing specifically notes a renovated basement. The year built (2007) suggests major systems like roofing, windows, and HVAC are likely still in good condition but may be approaching the age where future updates could be considered.
4. The last sold price range (2020) seems low. Why?
Like the assessed value, the sold price range shown (e.g., $51.50k ~ $54.50k) reflects the publicly recorded figure, which in Manitoba is not the full market price. The actual sale price was significantly higher. The site offers to provide the exact price via email for accuracy.
5. What are the less obvious advantages of such a large lot in this neighbourhood?
Beyond privacy and space, a lot of this size in a mature community like Island Lakes offers flexibility. It could accommodate additions like a large deck, shed, or sport court without sacrificing yard space. It also may provide better light exposure and drainage than smaller, tightly packed lots.
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