Property score
80.5
Excellent
Overall 80.5 · Older than most nearby homes
1,635 sqft (top 49%) · Built in 1987 (8 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Near average
0% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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80.5 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: #46110514
$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
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
27 Chenier Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 59 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 | Top 27% | Top 45% | Top 23% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 27% | Bottom 34% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 27 Chenier Bay, Island Lakes
Key Characteristics & Appeal
This two-storey home in the established Island Lakes neighbourhood presents a solid, mid-range family option. Built in 1987, it features 1,635 sqft of living space, an attached garage, and a renovated basement, sitting on a standard 5,802 sqft lot. Its appeal lies in its balance and consistency. The home isn't an outlier in any single category for its immediate area; instead, it reliably performs at or above average across key metrics like living area, assessed value, and land size when compared to both its street and the wider city. This suggests a property that has maintained its relative value and desirability over time.
The home would suit practical buyers looking for a turnkey family residence in a mature neighbourhood without the premium of a brand-new build. It’s particularly well-matched for those who value neighbourhood character and stability over a flashy or oversized property. A thoughtful perspective is that its "average" standings on the street and in Island Lakes are actually a strength, indicating a lower risk of being over-improved or an outlier in a downturn. Its above-average citywide rankings for size and value hint at getting more space for your dollar compared to the Winnipeg average, making it a savvy choice for city dwellers looking to move into a family-friendly community.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the same street?
Based on available data, the home’s last sold price in early 2021 was above the average for the street at that time. Its current assessed value also ranks above the street average, suggesting it has held its value well relative to its direct neighbours.
2. Is the living space typical for Island Lakes?
Yes. At 1,635 sqft, the living area is very close to the neighbourhood average, placing it comfortably in the middle of homes in Island Lakes. It offers a standard amount of space for the community.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or agent to understand the finish quality, layout, and whether it includes legal secondary suites or additional bedrooms.
4. The home was built in 1987. What should I be aware of?
As a home from the late 1980s, major components like the roof, windows, HVAC system, and plumbing may be nearing or past their typical lifespan. A thorough inspection is recommended to assess their condition and plan for potential future updates, which is common for well-maintained homes of this era.
5. How does the lot size compare?
The lot is just under 5,800 sqft, which is slightly smaller than the average lot on Chenier Bay and in Island Lakes, but remains a very standard suburban family lot size. It offers typical backyard space for the area without being considered undersized.
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