28 Brian Monkman Bay

Island Lakes, Winnipeg

Property score

88.0

Excellent

Overall 88.0 · Larger and newer than most nearby homes

1,954 sqft (top 15%) · Built in 2005 (10 yrs newer than avg)

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

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Above average

10 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

88.0 is composed by the two sections below.

Property Score

87.0Excellent
Living Area1,954 sqft92Excellent
Year Built200587Excellent
Lot Size6,873 sqft85Excellent
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
1,954 sqft
0255075100
Same streetTop 14%Same areaTop 15%CitywideTop 12%
Same street · Brian Monkman Bay
#7 / 50
Top 14% · Avg 1,700 sqft
Same area · Island Lakes
#326 / 2,119
Top 15% · Avg 1,635 sqft
Citywide · Winnipeg
#23,376 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
595k
0255075100
Same streetTop 8%Same areaTop 8%CitywideTop 8%
Same street · Brian Monkman Bay
#4 / 50
Top 8% · Avg 514.9k
Same area · Island Lakes
#177 / 2,119
Top 8% · Avg 494.7k
Citywide · Winnipeg
#16,123 / 194,458
Top 8% · Avg 390.1k

Year Built

Elite
2005
0255075100
Same streetTop 2%Same areaTop 8%CitywideTop 15%

Lot Size

above average
6,873 sqft
0255075100
Same streetTop 14%Same areaTop 26%CitywideTop 18%

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 Brian Monkman Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 331 m), 2 parks (nearest 243 m).

Search radius
🏫Education1
🌳Parks2

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 4/2022CA$700k–750k
Sold price

Same street

Top 5%

Same area

Top 1%

City-wide

Top 3%
Sold 8/2017CA$500k–550k
Sold price

Same street

Top 40%

Same area

Top 21%

City-wide

Top 13%

Related homes

Highlights & common questions: 28 Brian Monkman Bay, Winnipeg

Property Overview: 28 Brian Monkman Bay, Island Lakes

Key Characteristics & Appeal

This two-storey home in Island Lakes stands out for its above-average size and premium positioning within a well-established neighbourhood. Built in 2005, it is notably newer than most Winnipeg homes and is among the newest on its own street. With nearly 2,000 sqft of living space and a generous 6,873 sqft lot, it offers more room than most comparable properties locally. The home features a renovated basement and an attached garage.

Its primary appeal lies in its proven, strong investment profile. The assessed value places it in the top 8% both locally and city-wide, and its sold price history shows significant appreciation over recent years. This isn't just a spacious family home; it's a property that has consistently ranked in the higher tiers of its market.

This home would best suit practical buyers looking for move-in-ready space in a mature area, particularly those who value a property with a track record of holding and increasing its value relative to its peers. It’s an ideal fit for growing families or professionals seeking a long-term home with financial upside, without the uncertainties of a newer development.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows it ranks above average in every key metric—size, lot, value, and age—against homes on its street, in Island Lakes, and across Winnipeg. It’s not just a nice home; it’s a statistically standout property in its cohort.

2. What does the sold price history indicate?
The home sold in 2017 and again in 2022, with the latest sale price reflecting a substantial increase. This trajectory suggests strong market demand and value growth for this specific property, outpacing average gains.

3. Is the renovated basement a major factor?
While a renovated basement adds functional living space, the home’s premium ranking is driven by its core attributes: the newer build year, large lot, and overall square footage. The renovation complements these foundational strengths.

4. Who might this property not suit?
Buyers seeking a brand-new build, a very small/low-maintenance yard, or a property with a swimming pool should look elsewhere. Its appeal is geared toward those who appreciate established neighbourhoods and spacious layouts.

5. Why is the build year (2005) considered a significant advantage?
In a city where the average home was built in 1966, a 2005 build means potentially fewer major system replacements (like roof, furnace, windows) in the near term compared to much older stock, offering both modern convenience and reduced immediate upkeep costs.

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