250 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

77.8

Good

Overall 77.8 · Older than most nearby homes

1,520 sqft (bottom 36%) · Built in 1986 (9 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 71%French · 5%

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

77.8 is composed by the two sections below.

Property Score

73.6Good
Living Area1,520 sqft79Good
Year Built198678Good
Lot Size4,775 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

84.2Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110514

Community deep dive

$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

Population, labour & age

Population (2021)947
Labour force participation rate60%
Median age47.6
Avg household size2.5
Unemployment rate9%
Population density2309 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children31%
Median household income (2020)$106K

Housing

Renter households20%
Condominium dwellings10%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority16%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 71%
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
1,520 sqft
0255075100
Same streetTop 34%Same areaBottom 36%CitywideTop 29%
Same street · Island Shore Boulevard
#26 / 77
Top 34% · Avg 1,355 sqft
Same area · Island Lakes
#1,351 / 2,119
Bottom 36% · Avg 1,635 sqft
Citywide · Winnipeg
#56,913 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
390k
0255075100
Same streetBottom 27%Same areaBottom 5%CitywideTop 41%
Same street · Island Shore Boulevard
#56 / 77
Bottom 27% · Avg 433.7k
Same area · Island Lakes
#2,006 / 2,119
Bottom 5% · Avg 494.7k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetBottom 27%Same areaBottom 17%CitywideTop 27%

Lot Size

around average
4,775 sqft
0255075100
Same streetTop 40%Same areaBottom 24%CitywideBottom 39%

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

250 Island Shore Boulevard — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 209 m).

Search radius
🌳Parks3

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 11/2017CA$350k–400k
Sold price

Same street

Bottom 31%

Same area

Bottom 9%

City-wide

Top 46%

Related homes

Highlights & common questions: 250 Island Shore Boulevard, Winnipeg

Property Overview: 250 Island Shore Boulevard, Island Lakes, Winnipeg

Key Characteristics & Appeal

This 1,520 sqft, four-level split home on a 4,775 sqft lot presents a practical opportunity in the established Island Lakes neighborhood. Built in 1986, its key features include a renovated basement and a detached garage. The home’s appeal lies in its balance of space and value. While its living area is comfortably above the citywide average, its assessed value of $390k is positioned around the city median, suggesting a potentially reasonable entry point for the square footage offered. The renovated basement adds immediate functional living space without the need for a primary project.

This property would suit a buyer looking for a move-in-ready home with ample room for a family or home office, particularly one who values the mature community of Island Lakes over a newer subdivision. It’s a sensible choice for those who prioritize interior space and updates over a larger lot or a newer build date. A thoughtful perspective is that, while the lot size is smaller than many in the Island Lakes area, this can translate to less yard maintenance. The home’s value ranking is stronger citywide than within its immediate neighborhood, indicating it may represent a relative value within the broader Winnipeg market.


Frequently Asked Questions

1. How does this home’s value compare to others on the street?
The home’s assessed value ranks in the bottom third (Top 73%) for Island Shore Boulevard, meaning it is assessed lower than most direct neighbors. This could indicate a value opportunity, but it’s important to verify this through a current market evaluation and viewing.

2. Is the living space larger or smaller than typical?
At 1,520 sqft, the living area is above average for the city overall but is around the average for homes on Island Shore Boulevard itself. It offers more space than the typical Winnipeg home but is standard for its immediate locale.

3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to assess the quality of the renovation, what it includes (e.g., flooring, ceilings, bathroom), and whether it is a legal suite or simply finished living space.

4. The home was built in 1986. What should I be aware of?
As a home from the mid-80s, major systems like the roof, windows, furnace, and plumbing may be nearing or past their typical lifespans. A thorough home inspection is crucial to understand the condition and potential upcoming capital costs.

5. Where can I find the exact historical sale price?
The exact sold price from its last transaction (November 2017) is not publicly displayed in the data. You can request it directly via the “Get exact sold price history” feature on the listing page, which the service provides manually via email.

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