Property score
85.5
Excellent
Overall 85.5 · Larger and newer than most nearby homes
1,967 sqft (top 14%) · Built in 2003 (8 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Above average
20% larger than neighborhood avg.
Year Built
Above average
8 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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85.5 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
224 Dockside Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 387 m), 2 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 29% | Bottom 47% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 224 Dockside Way, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes offers a well-maintained, modern living space built in 2003. Its key appeal lies in its generous and efficiently designed 1,967 sqft of living area, which ranks well above average for the neighbourhood and city. The home features an attached garage and a renovated basement, adding valuable functional space. While the lot size is more compact compared to others on the street, this often translates to less yard maintenance. The property’s assessed value is positioned solidly within the mid-range for the area, suggesting a balanced entry point into a desirable community.
This home would suit buyers looking for a move-in ready property in an established neighbourhood who prioritize interior space over a large yard. It’s an excellent match for growing families or professionals seeking a modern layout without the upkeep of an older home. A thoughtful perspective is that the above-average living space on a manageable lot offers a “lock-and-leave” convenience for busy lifestyles, while still providing ample room indoors for family life.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
The lot is compact relative to others on Dockside Way. This means less exterior maintenance but also limits expansive backyard possibilities. The focus here is squarely on the interior living space.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is a municipal figure for tax purposes. While it places the home in the mid-range for Island Lakes, the final sale price will be determined by current market conditions, the home’s specific condition, and recent upgrades.
3. What does the “renovated basement” include?
The listing notes a renovated basement, but the specific finishes and scope (e.g., legal suite, recreation room, etc.) are not detailed. This would be a key point to clarify during a viewing or with the selling agent.
4. How does this home compare in size to others nearby?
With nearly 2,000 sqft, this home offers more living space than approximately 86% of homes in Winnipeg and 86% of homes in Island Lakes. It is a notably spacious offering for its vintage.
5. What is the history of price changes for this home?
Public data shows a sale in August 2016. For the exact historical sold prices, you can request the information directly via the provided email service on the listing page.
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