Property score
84.0
Excellent
Overall 84.0 · Larger and newer than most nearby homes
1,837 sqft (top 27%) · Built in 2005 (10 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 42.0 · 9-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Above average
12% larger than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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84.0 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: #46111206
$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
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
26 Captains Way — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 336 m), 3 parks (nearest 233 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 15% | Top 38% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 26 Captains Way in Winnipeg's Island Lakes neighbourhood presents a balanced, move-in-ready opportunity. Built in 2005, it's a well-maintained property that sits comfortably above average for its size and value within the broader city context, while offering a more modest footprint on its own street.
Key Characteristics & Appeal
The 1,837 sqft home features a renovated basement and an attached garage. Its key appeal lies in its modern-enough age, which typically means fewer immediate major repairs, and its updated living space. The data suggests it's a solid, middle-of-the-road property for the immediate area—not the largest or most valuable on Captains Way, but certainly not the smallest. Its true strength shows in the wider lens: compared to all of Island Lakes and especially city-wide, its living area and assessed value rank in the top 20-30%, meaning you get more house for your money than in many other parts of Winnipeg.
The lot size is smaller than most in Island Lakes, which could be a positive for buyers seeking lower maintenance outdoors without sacrificing interior space. This home would suit practical buyers—growing families, professionals, or downsizers—who prioritize a turn-key, efficiently sized interior in a mature suburban neighbourhood over a vast yard. It’s for someone who values being above the city average in substance, without standing out dramatically on their own block.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold in August 2021 for an estimated $45.5k to $48.5k. Its current assessed value is $54.40k, which is above average for Island Lakes and the city. This indicates perceived growth in value, but a current market appraisal is essential.
2. Is the smaller lot a concern?
The 4,397 sqft lot is below average for Island Lakes. This means less yard maintenance, which many buyers appreciate. However, it also means less private outdoor space and potentially less distance from neighbours compared to other homes in the neighbourhood.
3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. It's crucial to inquire about the quality of the renovation, whether it includes a legal secondary suite, the ceiling height, and if proper permits were obtained.
4. How does the home’s ranking affect its desirability?
The rankings show it's a larger and newer-than-average home for Winnipeg overall. On its own street, it's more average. This can be an advantage: you're not overpaying for a premium street position, but you own a property that holds strong appeal in the broader market.
5. Who are the typical neighbours?
Built in 2005, Island Lakes is an established neighbourhood. The consistent year-built data for Captains Way suggests a community of residents who moved in around the same period, likely leading to a stable, settled atmosphere with families at similar life stages.
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