Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Lakeview Cove): Above Average. Ranked #1 out of 20 (Top 5%). The street average for comparable homes is 1,397 sqft.
Neighborhood Level (Island Lakes): Around Average. Ranked #60 out of 137 (Top 44%). The neighborhood average for comparable homes is 1,510 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #3,506 out of 26,841 (Top 13%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Lakeview Cove): Above Average. Ranked #3 out of 20 (Top 15%). The street average for comparable homes is 454.6k.
Neighborhood Level (Island Lakes): Around Average. Ranked #47 out of 137 (Top 34%). The neighborhood average for comparable homes is 462.2k.
Citywide Level (Winnipeg): Above Average. Ranked #1,657 out of 26,841 (Top 6%). The citywide average for comparable homes is 276.9k.
Street Level (Lakeview Cove): Below Average. Ranked #14 out of 20 (Bottom 30%). The street average for comparable homes is 2000.
Neighborhood Level (Island Lakes): Around Average. Ranked #64 out of 137 (Top 47%). The neighborhood average for comparable homes is 1999.
Citywide Level (Winnipeg): Around Average. Ranked #11,094 out of 26,841 (Top 41%). The citywide average for comparable homes is 1990.
Island Lakes market pulse
How to read: Share of sales in each ~$50k price band for “island lakes” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
27 Lakeview Cove — 16 amenities found within 500 m, across 8 categories, including 8 dining (nearest 203 m), 1 healthcare (nearest 414 m), 1 shopping (nearest 339 m).
Crime & safety
Waste collection schedule
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 27 Lakeview Cove. No advertising. Data source details →
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview & Appeal
This 1,403 sqft condo at 27 Lakeview Cove in Island Lakes is a well-positioned home that balances space, value, and location. Its key appeal lies in its above-average living area, which ranks in the top 5% on its own street and the top 13% city-wide, offering more room than many comparable properties. The home features a renovated basement, adding to its functional space. Built in 1999, it is a mature property in a well-established neighbourhood.
The property suits buyers looking for a spacious condo in a quiet cul-de-sac setting within a popular family-oriented area. It’s particularly appealing to those who value interior space over a brand-new build, and to value-conscious buyers noting that its assessed value of $440k ranks significantly above the city-wide average (top 6%). This suggests a solid investment in a desirable area, without the premium price of a newer or fully detached home. A thoughtful perspective is that its "around average" rankings on its own street for value and year built indicate it fits seamlessly into the neighbourhood—offering stability without standing out as an outlier.
Frequently Asked Questions
1. How does the living space compare to other homes?
At 1,403 sqft, the living area is larger than most. It ranks in the top 5% of homes on Lakeview Cove and the top 13% across the entire city, making it a notably spacious condo option.
2. What does the assessed value tell me about this property?
The $440k assessment is above average for both Island Lakes (top 22%) and Winnipeg overall (top 6%). This typically indicates the city views it as a higher-value property within its category, which can be reassuring for investment, though market sale price may differ.
3. Is the 1999 build date a concern?
The year built ranks around average for its area and city-wide. This means major components may be due for routine updates or replacement, but the home is situated in a mature, stable neighbourhood where properties of this age are common.
4. What can the past sale data tell me?
The home sold in July 2017 for an estimated range of $335k-$365k. The significant increase to its current assessed value of $440k highlights strong appreciation over that period, reflecting broader market trends and the desirability of the area.
5. Why is the exact sold price not listed publicly?
Exact sale prices are not part of Manitoba’s public land title records. The ranges provided are estimates from public data. You can request the precise historical sale price directly from the site via email; they provide this verified data manually as a service.