Property score
85.3
Excellent
Overall 85.3 · Larger and newer than most nearby homes
1,822 sqft (top 30%) · Built in 2004 (9 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
9 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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85.3 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
19 Frigate Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 177 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 | Top 6% | Top 2% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 19 Frigate Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This home is a well-proportioned, established property in the sought-after Island Lakes neighborhood. Built in 2004, it offers 1,822 sqft of living space, which is consistently above average for the area and the wider city. Its appeal lies in its balanced, move-in-ready profile: it features a renovated basement and an attached garage, situated on a standard-sized lot. The assessed value of $560k places it in the top tier of homes locally, suggesting a quality finish and desirable location.
The property’s strength is its consistent performance across key metrics—it doesn’t lead in any single category but ranks comfortably above average in size, value, and modernity for its surroundings. This makes it a stable, low-surprise option. It would suit practical buyers—growing families or professionals—who prioritize space and neighborhood amenities over a brand-new build or an oversized lot. It’s for those seeking a home that holds its own in the community without being the largest or most expensive on the block.
Frequently Asked Questions
1. How does this home truly compare to others on the street?
While its living space is around the street average, its assessed value is in the top 19% on Frigate Bay. This suggests it may have superior finishes, updates, or a more favorable layout than many of its direct neighbors.
2. What does the sold price history indicate?
Records show a sale in May 2022 in the $685k-$715k range. This was significantly above the current assessed value, which is common, but it indicates strong buyer demand for this specific property at that time.
3. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
4. How does the lot size impact potential for expansion or privacy?
At 5,288 sqft, the lot is typical for Island Lakes. It provides adequate backyard space but may limit significant future additions like a large deck or extension without creative design.
5. What is the significance of the "cabover" building type?
"Cabover" typically refers to a house style with a second story that overhangs the first, often creating covered entryways. It’s a specific architectural style common in many Winnipeg suburbs, offering a distinctive street presence and potentially unique interior layouts.
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