Property score
84.6
Excellent
Overall 84.6 · Older than most nearby homes
1,817 sqft (top 31%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Near average
11% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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84.6 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: #46110514
$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
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
18 Lighthouse Point — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 135 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 | Bottom 1% | Top 49% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 4-level split home at 18 Lighthouse Point in Winnipeg's Island Lakes neighbourhood presents a specific and compelling value proposition. Built in 1986, it sits on a large, approximately 9,800 sqft lot—a standout feature that offers more private outdoor space than most homes in the city and even within the desirable Island Lakes area. The living area of 1,817 sqft is notably spacious compared to the Winnipeg average, though it is on the more modest side for its immediate street. Key features include a renovated basement and an attached garage.
The appeal here is rooted in space and location. The generous lot size is a significant asset for gardening, recreation, or future expansion, offering a degree of privacy less common in newer subdivisions. While the home itself is older, its assessed value is strong relative to the broader city and neighbourhood, suggesting solid fundamentals. This property would suit practical buyers who prioritize lot size over a brand-new build, such as young families seeking room to grow, or value-oriented purchasers looking for a established community with larger properties. It's a home for someone who sees potential in the land and the renovated basement, and is comfortable with a house that may require updates over time.
Frequently Asked Questions
How does the home's size compare to others?
While the 1,817 sqft living area is above average for Winnipeg and about average for Island Lakes, it is actually one of the smaller homes on Lighthouse Point itself. The trade-off is the larger-than-average lot.
Is the assessed value a good indicator of the likely selling price?
The assessed value of $54,200 is for taxation purposes and is not a market valuation. However, its high percentile ranking city-wide and in Island Lakes indicates the property is considered valuable by the assessment authority relative to others, which is a positive baseline.
What does the sale history tell us?
The home sold in March 2021 for an estimated range of $42,500-$45,500. Market conditions have changed since then, so this is a historical data point, not a current price indicator. The exact price is available upon request from the listing service.
What are the pros and cons of the lot size?
The nearly 10,000 sqft lot is a major advantage for privacy, outdoor activities, and landscaping. A less obvious consideration is that larger lots can mean higher maintenance (more lawn to mow, garden to tend) and potentially higher property taxes, but for many, the benefits far outweigh this.
What is a 4-level split layout like?
This style, common in its era, offers multiple defined living levels, which can provide good separation between living, sleeping, and recreational spaces. It can be efficient for family living, but also involves more stairs than a bungalow or two-storey home, which is a factor for some buyers.
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