Property score
67.5
Good
Overall 67.5 · Smaller and older than most nearby homes
1,059 sqft (bottom 5%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Below average
35% smaller 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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67.5 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
189 Island Shore Boulevard — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 109 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 38% | Bottom 15% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 189 Island Shore Boulevard, Island Lakes
Key Characteristics & Buyer Appeal
This one-storey home on Island Shore Boulevard is a compact, established property built in 1986. With 1,059 sqft of living space and a renovated basement, it sits on a 4,252 sqft lot. The home lacks a garage and pool. Its standout characteristic is value: with an assessed value significantly below the averages for both its street and the wider Island Lakes neighbourhood, it presents a notably affordable entry point into this area. While its living space and lot size are modest compared to immediate neighbours, it ranks closer to the city-wide average, suggesting it offers a more typical Winnipeg footprint at a below-typical price for its specific community.
The appeal lies in its potential as a cost-effective foothold in a desirable neighbourhood. It would suit first-time buyers or downsizers seeking single-level living without a large property to maintain. The renovated basement adds functional space. A thoughtful perspective is that its "below average" metrics for the area could be an advantage for a buyer prioritizing financial flexibility over square footage, allowing for equity growth in a well-regarded location without a premium entry cost. It’s a practical choice over a prestige one.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on factors like the home's size, age, and features. Being smaller and older than many homes on the street and in Island Lakes results in a lower assessment, which typically correlates with lower property taxes.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent, as it could range from cosmetic updates to a fully developed living space.
3. Is there parking available without a garage?
The property has no garage. Buyers should investigate driveway space or on-street parking permits to accommodate their vehicles.
4. How does the sold price history help determine value?
The recorded sale in late 2022 gives a recent market benchmark. Understanding how the current asking price relates to that last sale price, considering any updates made since, is crucial for evaluating the deal.
5. For a home of this age, what major systems should be inspected?
Given the home is 40 years old, a thorough inspection of the roof, foundation, plumbing, electrical systems, and the furnace/air conditioning is highly recommended to anticipate potential maintenance needs.
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