Property score
84.3
Excellent
Overall 84.3 · Compared with neighbourhood average
1,781 sqft (top 35%) · Built in 1998 (3 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Near average
9% larger than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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84.3 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: #46111205
$148K
Median household income
$155K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
10%
Single-person households
50%
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
2 Lessard Place — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 189 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% | Bottom 22% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 2 Lessard Place in Winnipeg's Island Lakes neighbourhood presents a specific and compelling value proposition. Built in 1998, it features 1,781 sqft of living space, an attached garage, and a full, unrenovated basement on a standard 5,138 sqft lot.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average interior space at a below-average assessed value for its immediate area. The living area is in the top 25% of homes on its street and top 18% city-wide, offering more room than many comparable properties. However, its assessed value is the lowest on Lessard Place and below the average for Island Lakes, suggesting a potential value opportunity or a home in need of modernization. The unrenovated basement presents a blank canvas for future finishing to add significant value.
This home would suit practical buyers looking for space over immediate luxury, such as growing families who prioritize square footage and are willing to undertake projects over time. It’s also a sensible option for value-conscious purchasers who see potential in a well-located, spacious home that may benefit from updates. The established, late-90s build in a mature neighbourhood like Island Lakes offers stability and a known quantity compared to newer subdivisions.
Frequently Asked Questions
1. Why is the assessed value relatively low for the area?
The assessed value is the lowest on the street and below the neighbourhood average. This can be influenced by factors like the condition of the home, specific market adjustments, or the unfinished state of the basement. It often indicates a potential value opportunity for a buyer.
2. What does "basement yes, not renovated" mean?
This confirms the home has a full basement, but it is unfinished or has not been modernized. It provides essential utility space and significant storage or future living area potential, but any development would be an additional project and investment.
3. How does the living area compare to nearby homes?
With 1,781 sqft, this home offers more living space than approximately 75% of homes on its street and 82% of homes across Winnipeg, making it notably spacious for its price point within the Island Lakes context.
4. Is the lot size typical for Island Lakes?
At just over 5,000 sqft, the lot is around the average for Lessard Place but slightly smaller than the broader Island Lakes and city-wide averages. It provides a standard suburban yard space.
5. Where can I find the exact historical sale price?
The provided sale history shows estimated price ranges. To obtain the precise sale price from its last transaction, you can request it via email from the listing source, which provides this data manually without using your email for unsolicited marketing.
