274 Charbonneau Crescent

Island Lakes, Winnipeg

Property score

79.3

Good

Overall 79.3 · Older than most nearby homes

1,616 sqft (bottom 48%) · Built in 1985 (10 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 1 park nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 68%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

79.3 is composed by the two sections below.

Property Score

79.2Good
Living Area1,616 sqft83Excellent
Year Built198573Good
Lot Size7,390 sqft88Excellent
Neighbourhood Sales Activity32Low

Community Score

79.4Good
Household Income84Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

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: #46111195

Community deep dive

$98K

Median household income

$110K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

22%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)1,210
Labour force participation rate67%
Median age38.8
Avg household size2.6
Unemployment rate8%
Population density2630 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households22%
Couple families with children32%
Median household income (2020)$98K

Housing

Renter households36%
Condominium dwellings15%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority35%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

above average
1,616 sqft
0255075100
Same streetTop 26%Same areaBottom 48%CitywideTop 25%
Same street · Charbonneau Crescent
#22 / 86
Top 26% · Avg 1,251 sqft
Same area · Island Lakes
#1,109 / 2,119
Bottom 48% · Avg 1,635 sqft
Citywide · Winnipeg
#47,787 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

Elite
525k
0255075100
Same streetTop 2%Same areaTop 26%CitywideTop 16%
Same street · Charbonneau Crescent
#2 / 86
Top 2% · Avg 408.4k
Same area · Island Lakes
#554 / 2,119
Top 26% · Avg 494.7k
Citywide · Winnipeg
#31,120 / 194,458
Top 16% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetBottom 29%Same areaBottom 3%CitywideTop 29%

Lot Size

above average
7,390 sqft
0255075100
Same streetTop 38%Same areaTop 22%CitywideTop 14%

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

274 Charbonneau Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 155 m).

Search radius
🌳Parks1

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 6/2023CA$600k–650k
Sold price

Same street

Top 4%

Same area

Top 6%

City-wide

Top 7%

Related homes

Highlights & common questions: 274 Charbonneau Crescent, Winnipeg

Property Overview

This two-storey home on Charbonneau Crescent in Island Lakes presents a compelling mix of space, value, and established community living. Its key appeal lies in its generous proportions and strong financial standing within its immediate neighbourhood. With 1,616 sqft of living space, it sits comfortably above the average for both the street and the city overall. The property is further distinguished by a fully renovated basement, adding significant functional space, and an attached garage for convenience.

The standout characteristic is its assessed value, which ranks in the elite top 2% on its own street and well above average in the wider area. This suggests a property that has been well-maintained or improved relative to its peers. While the home itself was built in 1985, it sits on a larger-than-average 7,390 sqft lot for the Island Lakes area, offering great outdoor potential.

This home would suit buyers looking for move-in-ready space in a mature, family-friendly neighbourhood without the premium of a brand-new build. It’s ideal for those who value a renovated interior and a sizable yard, and for whom a strong property assessment—often a reflection of condition and desirability—is an important factor. It offers a balanced proposition: the character and established greenery of an older community, combined with the updates that make for modern living.


Frequently Asked Questions

1. What does the "Top 2%" assessed value ranking mean for this street?
It indicates this home's municipal assessed value is among the very highest on Charbonneau Crescent. This typically reflects recent renovations, superior upkeep, or desirable lot features compared to neighbouring homes, which can be a positive signal of its market position.

2. The home was built in 1985. Should I be concerned about major systems?
While the basement has been renovated, a home of this age means key components like the roof, windows, and furnace may be nearing or have exceeded their typical lifespan. A thorough inspection is recommended to budget for any potential updates, balancing the value of the existing renovations.

3. How does the lot size compare to newer subdivisions?
At 7,390 sqft, the lot is notably larger than the current average for new builds in many Winnipeg areas. This is a significant perk for an established neighbourhood, offering more private outdoor space for gardens, play, or entertaining.

4. The last sold price range shows a significant jump from the assessed value. Why?
The assessed value (for municipal tax purposes) and market value (the sold price) are calculated differently. The sold price reflects what a buyer was willing to pay in the open market at that time, which can be influenced by factors like buyer demand, interior condition, and recent sales of comparable homes, often exceeding the assessed value.

5. Is the renovated basement included in the 1,616 sqft living area?
Typically, municipal living area (sqft) measurements do not include below-grade spaces, even if they are finished. The 1,616 sqft likely refers to the above-grade space. The renovated basement is a valuable addition that provides extra living, recreational, or utility space beyond that official figure.

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