28 Arpin Bay

Island Lakes, Winnipeg

Property score

84.0

Excellent

Overall 84.0 · Larger and newer than most nearby homes

1,826 sqft (top 29%) · Built in 2002 (7 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 64%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

84.0 is composed by the two sections below.

Property Score

80.4Excellent
Living Area1,826 sqft89Excellent
Year Built200287Excellent
Lot Size4,398 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
1,826 sqft
0255075100
Same streetTop 23%Same areaTop 29%CitywideTop 16%
Same street · Arpin Bay
#11 / 47
Top 23% · Avg 1,595 sqft
Same area · Island Lakes
#618 / 2,119
Top 29% · Avg 1,635 sqft
Citywide · Winnipeg
#31,504 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetBottom 15%Same areaBottom 37%CitywideTop 25%
Same street · Arpin Bay
#40 / 47
Bottom 15% · Avg 498.1k
Same area · Island Lakes
#1,334 / 2,119
Bottom 37% · Avg 494.7k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
2002
0255075100
Same streetTop 15%Same areaTop 26%CitywideTop 17%

Lot Size

around average
4,398 sqft
0255075100
Same streetBottom 15%Same areaBottom 10%CitywideBottom 32%

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

28 Arpin Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 267 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 7/2019CA$400k–450k
Sold price

Same street

Bottom 27%

Same area

Bottom 37%

City-wide

Top 31%

Related homes

Highlights & common questions: 28 Arpin Bay, Winnipeg

Property Overview: 28 Arpin Bay, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in the established Island Lakes neighbourhood offers a practical and comfortable living space. Built in 2002, it is notably newer than the average Winnipeg home, suggesting modern construction standards and potentially fewer major maintenance concerns in the near term. With 1,826 sqft of living space, the home provides above-average roominess for its street, neighbourhood, and the city overall, making it a spacious option for its class.

Its primary appeal lies in this combination of a newer build and generous interior space within a popular, family-oriented community. The attached garage adds everyday convenience. A key, less obvious perspective is its value positioning: while the living space is ample, its assessed value is below average for its immediate street and around average for Island Lakes. This could indicate an opportunity relative to other homes on the block, though it may also reflect the home's unrenovated basement and a land area that is smaller than most lots in the area. This property would suit buyers looking for a move-in-ready, spacious family home in a mature neighbourhood without paying a premium for a large yard, and who are comfortable with a basement that offers potential for future customization.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the listing specifies the basement is "not renovated," meaning it is likely an unfinished space awaiting customization.

2. How does this home compare in size to its neighbours?
This home is quite spacious for its location. It ranks in the top 23% for living area on Arpin Bay itself and is larger than the average home in Island Lakes and citywide.

3. The assessed value seems lower than some neighbours. Why?
While the home is newer and spacious, its assessed value is below the street average. This can be influenced by several factors, including the unfinished basement, the specific lot characteristics (it's on a smaller-than-average lot for the area), and the interior condition or features compared to updated homes nearby.

4. What is the typical lot size in Island Lakes?
Lots in Island Lakes are generally generous. At 4,398 sqft, this property's lot is below the neighbourhood average, which is over 6,400 sqft. It offers a lower-maintenance yard but less private outdoor space than many area homes.

5. How can I find out the exact historical sale price?
The exact sold price is not publicly displayed. The listing service offers to provide this precise information manually via email upon request, at no cost and without marketing spam.

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