Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Mckall Bay): Below Average. Ranked #27 out of 38 (Bottom 29%). The street average for comparable homes is 1,372 sqft.
Neighborhood Level (Island Lakes): Below Average. Ranked #1,837 out of 2,119 (Bottom 13%). The neighborhood average for comparable homes is 1,635 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #91,459 out of 194,457 (Top 47%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Mckall Bay): Around Average. Ranked #8 out of 38 (Top 21%). The street average for comparable homes is 505.6k.
Neighborhood Level (Island Lakes): Below Average. Ranked #1,279 out of 2,119 (Bottom 40%). The neighborhood average for comparable homes is 553.3k.
Citywide Level (Winnipeg): Around Average. Ranked #47,037 out of 194,455 (Top 24%). The citywide average for comparable homes is 435.4k.
Street Level (Mckall Bay): Below Average. Ranked #26 out of 38 (Bottom 32%). The street average for comparable homes is 1994.
Neighborhood Level (Island Lakes): Below Average. Ranked #1,094 out of 2,119 (Bottom 48%). The neighborhood average for comparable homes is 1995.
Citywide Level (Winnipeg): Around Average. Ranked #39,951 out of 194,457 (Top 21%). The citywide average for comparable homes is 1966.
Street Level (Mckall Bay): Below Average. Ranked #33 out of 38 (Bottom 13%). The street average for comparable homes is 5,870 sqft.
Neighborhood Level (Island Lakes): Below Average. Ranked #1,841 out of 2,119 (Bottom 13%). The neighborhood average for comparable homes is 6,407 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #129,006 out of 194,457 (Bottom 34%). The citywide average for comparable homes is 6,570 sqft.
Island Lakes market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
20 Mckall Bay — 16 amenities found within 500 m, across 8 categories, including 8 dining (nearest 190 m), 1 healthcare (nearest 383 m), 1 shopping (nearest 299 m).
Crime & safety
Waste collection schedule
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Related homes
Nearby interested homes
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview & Key Characteristics
This single-storey home at 20 Mckall Bay in Winnipeg's Island Lakes neighbourhood presents a practical and value-oriented opportunity. Built in 1993, its 1,233 sqft living space is modest for the immediate area but aligns more closely with the city-wide average, offering a manageable footprint. A key feature is the renovated basement, adding functional living space. The home sits on a smaller lot (4,487 sqft) for Island Lakes, which translates to less yard maintenance.
Its primary appeal lies in its strong assessed value proposition. The assessment is above average for both the street and the entire city, suggesting solid underlying value and potential municipal tax efficiency compared to similar homes. This, combined with the updated basement, indicates a property where foundational improvements have been made.
This home would suit first-time buyers or downsizers seeking an established, low-maintenance property in a desirable family neighbourhood without a premium price tag. It’s also a sensible fit for value-focused investors or buyers who prioritize indoor living space and updates over a large yard.
Frequently Asked Questions
1. Is the smaller lot size a significant drawback?
While the lot is below average for Island Lakes, it is near the city-wide norm. This typically means less time and cost spent on yard upkeep, which can be a positive for those seeking lower maintenance.
2. How does the assessed value affect property taxes?
A higher assessed value relative to similar homes on the street and city-wide can sometimes lead to proportionally higher taxes. However, it also strongly indicates that the municipality recognizes the property's value, which is often a positive signal for resale.
3. The living area is noted as modest for the neighbourhood. Will the house feel small?
The renovated basement significantly expands the usable living area. Buyers should consider the total functional space (main floor plus finished basement) rather than the main floor square footage alone.
4. What does the sale history from 2020 tell us?
The sold price range from mid-2020 provides a historical benchmark, but market conditions have evolved. It's most useful for understanding the property's price trajectory rather than determining its current market value.
5. Who is most likely to be interested in this property?
Given its profile, competing interest is most likely to come from practical buyers: first-time homeowners entering the Island Lakes area, empty-nesters looking to downsize within a familiar community, or investors attracted by the renovated condition and stable assessment.