3 Boisselle Bay

Island Lakes, Winnipeg

Property score

82.3

Excellent

Overall 82.3 · Older than most nearby homes

1,527 sqft (bottom 37%) · Built in 1987 (8 yrs older than avg)

Located in a high-income area with median household income of ~148k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Below average

8 yrs older than neighborhood avg.

Mother tongue

English · 70%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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

82.3 is composed by the two sections below.

Property Score

76.8Good
Living Area79
1,527 sqftGood
Year Built78
1987Good
Lot Size81
6,398 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

90.5Excellent
Household Income93
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46111205

Community deep dive

$148K

Median household income

$155K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

10%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
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
1,527 sqft
0255075100
Same streetBottom 7%Same areaBottom 37%CitywideTop 29%
Same street · Boisselle Bay
#27 / 29
Bottom 7% · Avg 1,970 sqft
Same area · Island Lakes
#1,326 / 2,119
Bottom 37% · Avg 1,635 sqft
Citywide · Winnipeg
#56,234 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
481k
0255075100
Same streetBottom 17%Same areaBottom 47%CitywideTop 23%
Same street · Boisselle Bay
#24 / 29
Bottom 17% · Avg 521.6k
Same area · Island Lakes
#1,119 / 2,119
Bottom 47% · Avg 494.7k
Citywide · Winnipeg
#44,683 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetTop 31%Same areaBottom 25%CitywideTop 25%

Lot Size

above average
6,398 sqft
0255075100
Same streetTop 38%Same areaTop 32%CitywideTop 24%

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

3 Boisselle Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 417 m), 3 parks (nearest 138 m).

Search radius
🏫Education1
🌳Parks3

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

3 Boisselle Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 3 Boisselle Bay, Winnipeg

Property Summary: 3 Boisselle Bay, Island Lakes, Winnipeg

Key Characteristics & Appeal

This well-situated bungalow in the established Island Lakes neighbourhood offers a practical and comfortable living space on a generously sized lot. Its key features include a renovated basement and an attached garage, with a living area of 1,527 sqft. Built in 1987, the home presents a solid, mature property in a sought-after area.

The primary appeal lies in its balance of space, location, and value. The lot size of nearly 6,400 sqft is notably larger than many in the immediate area, offering excellent outdoor potential. While the living space is comfortably sized, the home’s assessed value is positioned very competitively within Winnipeg, suggesting a strong value proposition for the neighbourhood. It would particularly suit first-time buyers or downsizers looking for a manageable single-storey layout in a mature community with amenities, or investors/value-seekers who see potential in the combination of a renovated basement, a large lot, and a below-average assessment for the area. A thoughtful perspective is that this property may represent a "blank canvas" opportunity—the core structure and land are valuable assets, allowing new owners to incrementally modernize the interior to their taste while benefiting from an established location from day one.


Frequently Asked Questions

1. How does the lot size compare to others nearby?
The 6,398 sqft lot is a standout feature, ranking in the top third for size on Boisselle Bay itself. It provides more private outdoor space than many comparable properties in Island Lakes.

2. The home was built in 1987. What should I consider?
As a home nearing 40 years old, a thorough inspection is essential to understand the condition of major systems like the roof, windows, plumbing, and electrical. The updated basement is a positive, but the main living areas may reflect the original era.

3. The assessed value seems low for Island Lakes. Is that a concern?
Not necessarily. The assessed value of $48,100 is used for property tax calculation and often lags behind market value. Its ranking—in the top half of the neighbourhood but the bottom half of its own street—suggests it may be undervalued relative to its location, which can be an opportunity for a buyer.

4. What is the neighbourhood like?
Island Lakes is a mature, family-oriented neighbourhood in southeast Winnipeg known for its lakes, parks, pathways, and community centre. It offers a blend of quiet residential streets and convenient access to schools, shopping, and major routes.

5. How does this home compare to the similar properties listed?
Compared to the provided examples on Boisselle Bay and nearby streets, this home has a significantly larger lot. Its living area is moderately sized, and its assessed value is competitive, often lower than homes with similar square footage in Royalwood, indicating a potentially more accessible price point for the area.