Property score
60.9
Fair
Overall 60.9 · Smaller and older than most nearby homes
842 sqft (bottom 1%) · Built in 1987 (8 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
49% 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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60.9 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
275 Island Shore Boulevard — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 486 m), 3 parks (nearest 156 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 45% | Bottom 22% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 275 Island Shore Boulevard
Key Characteristics & Buyer Profile
This bi-level home at 275 Island Shore Boulevard in Island Lakes is defined by its compact and efficient footprint. With 842 sqft of living space, it is notably smaller than most homes on its street and in the neighbourhood, placing it in the bottom percentile for size. However, it features a renovated basement, adding functional space. The home was built in 1987 and sits on a roughly 4,726 sqft lot, which is typical for the street but smaller than the Island Lakes average.
Its primary appeal lies in being an accessible entry point into the established Island Lakes community. The significantly below-average assessed value (approximately $34,100) translates to lower property taxes, which is a major financial advantage. This presents a clear value proposition: ownership in a desirable neighbourhood without the typical price tag, ideal for those who prioritize location and fiscal efficiency over square footage.
This property would best suit first-time buyers, downsizers, or investors seeking a low-cost holding in a stable area. It’s for pragmatic buyers who see the potential in a renovated basement and a manageable lot, and who are comfortable with a cozy living space. A less obvious perspective is its appeal to a buyer viewing it as a long-term "land bank"—securing a position in the neighbourhood with the option to significantly upgrade or rebuild the structure in the future.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based primarily on the home's relatively small size and its value compared to other properties on the same street and in Island Lakes. It reflects the home's specific market position rather than the city-wide average, which includes many larger, higher-value homes.
2. Is the living area of 842 sqft including the renovated basement?
No. The listed living area of 842 sqft typically refers to the above-ground living space. The renovated basement provides additional functional space but is often not included in the official square footage calculation for the main living area.
3. What does the "Top 99%" ranking for living area mean?
This statistic means that, compared to other homes on Island Shore Boulevard, this home's living area is in the bottom 1%—or the 76th smallest out of 77 homes. It is a quantitative illustration that this is one of the most compact homes on the street.
4. How recent was the basement renovation, and what does it include?
The provided details confirm the basement is renovated but do not specify the date or scope. This is a key question for a viewing or to ask the listing agent, as it determines the condition and usability of that additional space.
5. The sold price history shows a range. How can I find the exact price it last sold for?
The exact sold price is not publicly displayed in this data. As noted, you can request it directly via email from the source, which manually provides this information without using your email for unsolicited marketing.
