Property score
82.2
Excellent
Overall 82.2 · Larger than most nearby homes
1,882 sqft (top 20%) · Built in 1992 (3 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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82.2 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: #46111195
$98K
Median household income
$110K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
22%
Single-person households
32%
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
20 Lagace Place — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 339 m), 3 parks (nearest 291 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 40% | Top 33% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 20 Lagace Place, Island Lakes, Winnipeg
Key Characteristics & Buyer Profile
This 1992 four-level split home in Island Lakes offers 1,882 sqft of living space, which is notably above average for the street, neighbourhood, and city overall. Its key features include an attached garage and a renovated basement. The property sits on a 6,895 sqft lot, which is spacious by city standards but slightly smaller than others on Lagace Place. The home’s assessed value is consistently in the top tiers across all comparison levels, indicating a strong and stable valuation.
The appeal lies in its combination of generous interior space, a modernized lower level, and the established, family-friendly Island Lakes community. It suits buyers looking for a home that offers more room than many in the city, without being a sprawling property. It’s particularly well-matched for growing families or those who value distinct living zones afforded by the split-level design. A thoughtful perspective is that this home represents a "sweet spot" – it’s newer than the Winnipeg average, yet mature enough to be in a well-developed area with mature landscaping, and its above-average metrics suggest it has been a well-maintained asset in its locale.
Frequently Asked Questions
1. How does the lot size compare?
While the lot is above average for the city and Island Lakes, it is slightly below the average for Lagace Place itself. This means you get a very generous yard by general standards, but neighbours on the street may have larger lots.
2. Is the home’s assessed value a reliable indicator of its market price?
The assessed value is strong, ranking in the top 15-24% across comparisons. This typically indicates a solid foundation for market value, but it is not a direct sale price. Always consult recent comparable sales for pricing.
3. What does the "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 to understand the finish quality, layout, and whether it includes a legal suite or additional bedrooms.
4. The home is above average in size, but how is the layout?
As a four-level split, the floor plan is inherently compartmentalized. This is excellent for privacy and defined spaces but may feel less open than a modern bungalow or two-storey. Consider if the flow suits your lifestyle.
5. Where can I find the exact historical sale prices?
Exact sold prices are not published publicly here. The listing service offers to provide this precise data manually via email request, at no cost and with no marketing spam, typically by the end of the same business day.
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