Property score
80.0
Excellent
Overall 80.0 · Smaller but newer than most nearby homes
1,465 sqft (bottom 28%) · 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
Below average
10% smaller 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
80.0 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
232 Dockside Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 406 m), 2 parks (nearest 128 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 12% | Bottom 36% | Top 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 28% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 232 Dockside Way, Island Lakes, Winnipeg
Key Characteristics & Appeal
This 1,465 sqft cabover-style home, built in 2003, presents a practical and updated living space in the established Island Lakes neighbourhood. Its key feature is a renovated basement, adding valuable finished square footage. The home sits on a modest 4,551 sqft lot with an attached garage. Its appeal lies in its balance of modern updates within a well-regarded community, offering a move-in-ready option that avoids the premium for a larger lot or a brand-new build.
The data reveals a nuanced position. While the living area is below average for its immediate street and neighbourhood, it is squarely average city-wide, suggesting a efficient use of space. The assessed value tells a compelling story: it sits above average compared to the entire city, indicating strong underlying value for Winnipeg, but is more modestly priced within Island Lakes itself. This could represent an opportunity to enter this desirable area at a relative value. The home’s age is a standout, ranking as newer than most homes on its street and across Winnipeg.
This property would best suit first-time buyers, downsizers, or practical investors seeking a low-maintenance, updated home in a mature neighbourhood without paying for excess land or the newest construction. It’s for the buyer who prioritizes interior condition and community over having the largest house on the block.
Frequently Asked Questions
1. Is the living space too small for a family?
At 1,465 sqft plus a renovated basement, the home provides functional space for a small to medium-sized family. The layout and the additional basement area will be key factors in determining comfort.
2. Why is the assessed value higher city-wide than in Island Lakes?
This indicates the home holds strong value across Winnipeg, but within the desirable Island Lakes area, it is priced more accessibly. This can be an advantage, potentially offering the community amenities at a competitive entry point.
3. What does "cabover" building type mean?
A cabover design typically features a prominent front-facing garage with living space above it. This is a common and efficient architectural style that maximizes the buildable footprint on the lot.
4. The lot size is below neighbourhood average. Is that a major drawback?
This depends on your lifestyle. The smaller lot means less yard maintenance, which can be a benefit for those seeking ease. It may limit extensive landscaping or large outdoor structures, but provides adequate private space.
5. The home sold in 2016 and 2019. What does that history suggest?
The two sales in a three-year period are slightly more frequent than average. It’s worth investigating the context (e.g., investor turnover, short-term ownership) during viewings or through disclosures, though the recent renovation suggests positive updates have been made.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
