2 Scholberg Lane

Island Lakes, Winnipeg

Property score

83.9

Excellent

Overall 83.9 · Newer than most nearby homes

1,725 sqft (top 40%) · Built in 2006 (11 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: 3 parks nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 64%French · 6%

Past 10 years Island Lakes sales snapshot (~80% of all data)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

83.9 is composed by the two sections below.

Property Score

80.2Excellent
Living Area1,725 sqft86Excellent
Year Built200690Excellent
Lot Size4,769 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,725 sqft
0255075100
Same streetTop 34%Same areaTop 40%CitywideTop 20%
Same street · Scholberg Lane
#10 / 29
Top 34% · Avg 1,642 sqft
Same area · Island Lakes
#844 / 2,119
Top 40% · Avg 1,635 sqft
Citywide · Winnipeg
#38,810 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
463k
0255075100
Same streetBottom 14%Same areaBottom 33%CitywideTop 26%
Same street · Scholberg Lane
#25 / 29
Bottom 14% · Avg 500k
Same area · Island Lakes
#1,426 / 2,119
Bottom 33% · Avg 494.7k
Citywide · Winnipeg
#50,767 / 194,458
Top 26% · Avg 390.1k

Year Built

Elite
2006
0255075100
Same streetBottom 48%Same areaTop 5%CitywideTop 14%

Lot Size

above average
4,769 sqft
0255075100
Same streetTop 10%Same areaBottom 24%CitywideBottom 39%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

2 Scholberg Lane — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 338 m).

Search radius
🌳Parks3

Crime & Safety

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%

Sales History

Sold 8/2021CA$450k–500k
Sold price

Same street

Top 33%

Same area

Top 44%

City-wide

Top 23%

Related homes

Highlights & common questions: 2 Scholberg Lane, Winnipeg

Property Overview: 2 Scholberg Lane, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Island Lakes offers a practical and comfortable living space of 1,725 sqft, featuring an attached garage and a full, unrenovated basement. Built in 2006, it is a relatively modern home within a well-established neighbourhood. The property’s standout feature is its generous 4,769 sqft lot, which is notably larger than most on its street, providing ample outdoor space for gardening, play, or future expansion.

Its appeal lies in its balance. The home provides above-average living space citywide, paired with a lot size that offers a sense of privacy and potential not always found in newer subdivisions. The assessed value is positioned below average for the immediate street, which could indicate a value opportunity for a buyer willing to put personal touches into the interior over time. This property would suit first-time buyers or young families looking for a solid, move-in-ready home in a family-oriented area, with the bonus of a large yard. It’s also a sensible choice for value-conscious buyers who see potential in the existing basement and prefer a home that isn’t at the peak price point of its block, allowing room for equity growth through updates.

Section 2: Frequently Asked Questions

1. How does the home’s value compare to the area?
The home’s assessed value is below the average for Scholberg Lane itself, but around the average for the broader Island Lakes neighbourhood. This suggests it may be priced more accessibly than some direct neighbours, while still being in line with community norms.

2. What does “basement, not renovated” typically mean?
This usually indicates a finished or partially finished basement that is functional and livable but may have older flooring, lighting, or fixtures. It’s a space ready for use but represents a clear opportunity for future modernization to suit your tastes.

3. Is the large lot a common feature in Island Lakes?
No, it’s not. This lot is above average for the street but below the average lot size for Island Lakes as a whole. This means you get more private outdoor space than most on your specific block, though lots in some other parts of the neighbourhood may be larger.

4. The home was built in 2006. What should I consider?
A 2006 build is relatively modern for Winnipeg, meaning major systems like roofing, windows, and heating are likely in good condition but may be approaching the midpoint of their typical lifespans. A standard home inspection is advised to assess their current state.

5. Where can I find the exact historical sale prices?
The provided sold price ranges are based on public data. For precise sale figures, you can request the exact history via the email prompt on the property page. The service is manual but provided without obligation.

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