Property score
66.9
Good
Overall 66.9 · Smaller and older than most nearby homes
1,040 sqft (bottom 4%) · Built in 1987 (8 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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66.9 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: #46110514
$106K
Median household income
$129K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
31%
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
205 Island Shore Boulevard — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 147 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 7% | Bottom 3% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 205 Island Shore Boulevard in Winnipeg's Island Lakes neighbourhood presents a specific value proposition. Built in 1987, it offers 1,040 sqft of living space with a renovated basement on a 3,988 sqft lot. Key data points show it is a more compact offering within its immediate area and street, with both its living area and lot size ranking below the local averages. Its assessed value is notably lower than most homes in Island Lakes, positioning it as an accessible entry point into the neighbourhood. The home lacks a garage and pool.
Its primary appeal lies in being a renovated, manageable single-level home in a well-established, desirable community at a relatively accessible price point. It suits first-time buyers seeking neighbourhood appeal over square footage, downsizers looking for a low-maintenance layout without leaving the area, or investors considering a hold property in a stable market. A thoughtful perspective is that its below-average metrics for the street could represent a value opportunity for those who prioritize location and community amenities over sheer size, assuming the interior renovation is well-executed.
Frequently Asked Questions
1. Why is the assessed value significantly lower than the area average?
The assessed value is influenced by several factors from the provided data, including the home's smaller living area and lot size compared to neighbourhood averages, along with the absence of a garage. It reflects the property's specific physical attributes within the market.
2. What does the ranking data for "Top 96%" in living area for Island Lakes mean?
This statistic indicates that for living area, this home is larger than only 4% of comparable homes in Island Lakes, placing it in the bottom tier for size within the neighbourhood. It quantifies that this is a more compact home in an area of generally larger properties.
3. Is the lack of a garage a major concern?
This depends on buyer needs. While many homes in the area have garages, its absence contributes to the lower assessed value and may be a trade-off for the price point. Buyers should consider driveway parking and local street parking regulations.
4. The home sold in late 2020. How useful is that price today?
The 2020 sale price provides historical context but does not reflect current market conditions. It is most useful for understanding previous market activity on the property, not for determining its present value, which is influenced by more recent market shifts.
5. What are the less obvious pros and cons of a home that ranks "below average" on its street?
A potential pro is that property taxes may be comparatively lower due to the assessed value. A con could be that future resale might be capped by the surrounding higher-value homes, or conversely, benefit from being the most affordable option on the block. It also suggests less privacy or space relative to immediate neighbours.
