24 Mckall Bay

Island Lakes, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Compared with neighbourhood average

1,682 sqft (top 45%) · Built in 1994 (1 yr older than avg)

Located in a high-income area with median household income of ~141k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 8 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 64%French · 6%

Past 10 years Island Lakes sales snapshot (~80% of all data)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

81.2 is composed by the two sections below.

Property Score

75.6Good
Living Area1,682 sqft83Excellent
Year Built199481Excellent
Lot Size4,333 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111206

Community deep dive

$141K

Median household income

$153K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

7%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,682 sqft
0255075100
Same streetTop 11%Same areaTop 45%CitywideTop 22%
Same street · Mckall Bay
#4 / 38
Top 11% · Avg 1,372 sqft
Same area · Island Lakes
#943 / 2,119
Top 45% · Avg 1,635 sqft
Citywide · Winnipeg
#42,068 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
452k
0255075100
Same streetTop 42%Same areaBottom 25%CitywideTop 28%
Same street · Mckall Bay
#16 / 38
Top 42% · Avg 452.1k
Same area · Island Lakes
#1,586 / 2,119
Bottom 25% · Avg 494.7k
Citywide · Winnipeg
#54,496 / 194,458
Top 28% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 16%Same areaTop 49%CitywideTop 20%

Lot Size

around average
4,333 sqft
0255075100
Same streetBottom 1%Same areaBottom 7%CitywideBottom 31%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

24 Mckall Bay — 16 amenities found within 500 m, across 8 categories, including 8 dining (nearest 177 m), 1 healthcare (nearest 371 m), 1 shopping (nearest 289 m).

Search radius
🍽️Dining8
🏥Healthcare1
🛒Shopping1
🌳Parks1
💪Sports1
🏦Finance2
Fuel Stations1
🏛️Government1

Crime & Safety

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%

Sales History

Sold 2/2016CA$350k–400k
Sold price

Same street

Bottom 11%

Same area

Bottom 10%

City-wide

Top 45%

Related homes

Highlights & common questions: 24 Mckall Bay, Winnipeg

Property Overview: 24 Mckall Bay, Island Lakes, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This two-storey home in Island Lakes, built in 1994, presents a compelling mix of space, location, and value. Its primary appeal lies in its efficient use of square footage. At 1,682 sqft, the living area is notably spacious for the immediate street and is above average citywide, suggesting a well-proportioned interior that maximizes room size. The home features an attached garage and a renovated basement, adding practical, modern living space.

The property’s assessed value is positioned interestingly: it is around average for its street but sits above average compared to the entire city. This indicates you may get more interior space for your dollar here than in many other Winnipeg neighbourhoods. A thoughtful perspective is that while the lot is smaller than others on the street and in Island Lakes, this often translates to less yard maintenance, which can be a plus for busy professionals or those seeking a lock-and-leave lifestyle. The home’s age places it in a sweet spot—modern enough to avoid major systemic issues common in older homes, yet established in a mature, treed neighbourhood.

This home would best suit value-conscious buyers looking for move-in-ready space in a stable suburban community. It’s ideal for small families, couples needing room to grow, or professionals who appreciate a renovated basement for a home office or entertainment area, without the burden of a large yard.

Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home last sold in early 2016. To understand current market value, comparing it to recent sales of similar homes in Island Lakes is essential. The exact historical sold price is available upon request.

2. What does the “renovated basement” include?
The listing notes the basement is renovated, but specifics on finish quality, permits, and the scope of work (e.g., full secondary suite, rec room, bathroom) should be confirmed with the seller or listing agent.

3. Is the smaller lot size a significant drawback?
While the land area is below average for the street, it is around average citywide. The trade-off is less private outdoor space but reduced maintenance. It’s important to view the yard in person to see if it meets your needs for privacy and recreation.

4. How does the assessed value relate to the likely listing price?
The assessed value is for municipal tax purposes. The market price is determined by current supply, demand, and the home’s condition, and may be higher or lower than the assessed value.

5. What is the community and street like in Island Lakes?
Island Lakes is a established neighbourhood with parks, pathways, and nearby amenities. Viewing the property at different times of day can provide insight into traffic, neighbour activity, and the overall feel of Mckall Bay.

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