3 Brian Monkman Bay

Island Lakes, Winnipeg

Property score

80.8

Excellent

Overall 80.8 · Newer than most nearby homes

1,568 sqft (bottom 42%) · Built in 2003 (8 yrs newer 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 2 parks nearby

Living Area

Near average

4% smaller than neighborhood avg.

Taon ng Paggawa

Above average

8 yrs newer 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

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Property score

80.8 is composed by the two sections below.

Property Score

74.4Good
Living Area79
1,568 sqftGood
Taon ng Paggawa87
2003Excellent
Lupa53
4,358 sqftFair
Neighbourhood Sales Activity32
Low

Community Score

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

Istatistika ng benta ng komunidad

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
1,568 sqft
0255075100
Same streetBottom 26%Same areaBottom 42%CitywideTop 27%
Same street · Brian Monkman Bay
#37 / 50
Bottom 26% · Avg 1,700 sqft
Same area · Island Lakes
#1,230 / 2,119
Bottom 42% · Avg 1,635 sqft
Citywide · Winnipeg
#52,306 / 194,458
Top 27% · Avg 1,342 sqft

Assessed Value

lampas sa average
459k
0255075100
Same streetBottom 18%Same areaBottom 30%CitywideTop 27%
Same street · Brian Monkman Bay
#41 / 50
Bottom 18% · Avg 514.9k
Same area · Island Lakes
#1,480 / 2,119
Bottom 30% · Avg 494.7k
Citywide · Winnipeg
#52,140 / 194,458
Top 27% · Avg 390.1k

Taon ng Paggawa

lampas sa average
2003
0255075100
Same streetBottom 4%Same areaTop 20%CitywideTop 16%

Lupa

karaniwan
4,358 sqft
0255075100
Same streetBottom 40%Same areaBottom 8%CitywideBottom 31%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

3 Brian Monkman Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 351 m), 2 parks (nearest 303 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%

Kasaysayan ng Benta

Naibenta 8/2021CA$500k–550k
Presyo ng benta

Parehong kalye

Top 50%

Parehong lugar

Top 25%

Buong lungsod

Top 16%

Related homes

Mga tampok at karaniwang tanong: 3 Brian Monkman Bay, Winnipeg

Property Overview

This two-storey home at 3 Brian Monkman Bay in Winnipeg's Island Lakes neighbourhood presents a specific and value-oriented opportunity. Built in 2003, it features 1,568 sqft of living space, a renovated basement, and an attached garage on a 4,358 sqft lot.

Key Characteristics & Appeal

The primary appeal of this property lies in its position as a modern, yet modestly-sized home within a well-established neighbourhood. While its living space and assessed value are below the average for its immediate street, they are above the Winnipeg city-wide average, suggesting you get more modern home for your dollar here than in many older areas of the city. The renovated basement adds functional living space. Its lot size is typical for the street but smaller than the Island Lakes average, resulting in manageable outdoor maintenance.

This home would suit first-time buyers or downsizers seeking a relatively modern, low-maintenance property in a mature suburban setting. It’s a practical choice for those who prioritize being in a specific neighbourhood like Island Lakes over having the largest home on the block, and who see value in a home that is newer than most across Winnipeg. A thoughtful perspective is that its "below-average" metrics on its own street could represent a more affordable entry point into a desirable enclave.

Frequently Asked Questions

1. Is this home a good value compared to others in Winnipeg?
Based on the data, its living area and assessed value rank above the city-wide average, meaning you get more space and a higher municipal valuation than most Winnipeg homes, which tend to be older and smaller.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the home's full living potential.

3. Why is the assessed value on this street lower than average?
The home's assessed value is below the average for Brian Monkman Bay. This can be due to a combination of its slightly smaller size, specific lot placement, or the municipal assessment model. It does not necessarily reflect the home's condition, especially with a renovated basement.

4. How does the lot size affect the property?
At 4,358 sqft, the lot is manageable and typical for the street, but notably smaller than the Island Lakes neighbourhood average. This means less yard maintenance but also potentially less private outdoor space compared to other homes in the broader area.

5. How can I find out the exact historical sale price?
The listed sale price ranges are estimates from public data. The listing service offers to provide the exact sale price history via a manual email request, which they aim to fulfill by the end of the same business day.