Property score
80.0
Excellent
Overall 80.0 · Compared with neighbourhood average
1,512 sqft (bottom 35%) · Built in 1989 (6 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
8% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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80.0 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: #46111206
$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
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
3 Quayside Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 452 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 14% | Top 45% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3 Quayside Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This 1989 four-level split home at 3 Quayside Cove offers 1,512 sqft of living space, which is notably above average for its immediate street and the city overall. Its appeal lies in a practical layout that provides clear separation between living and sleeping areas, a renovated basement adding functional space, and a detached garage. The home sits on a 4,731 sqft lot, which is more compact than many in the Island Lakes neighborhood, resulting in lower maintenance without sacrificing private outdoor space.
The property’s value proposition is grounded in its strong positioning relative to peers. It ranks in the top 17% for living area on its own street and the top 30% citywide, suggesting a well-sized home for its market. Its assessed value of $406,000 is around the average for both the street and the city, indicating a stable, mid-market investment. A sale in August 2022 provides a recent price benchmark. The home would suit practical buyers looking for a move-in-ready property with a renovated basement in a mature, established neighborhood like Island Lakes. It’s ideal for those who prioritize efficient use of indoor space over a large yard and appreciate the character and settled feel of a late-80s build.
Frequently Asked Questions
1. How does the lot size compare, and what does it mean for me?
The lot is 4,731 sqft, which is below the average for Island Lakes. This typically translates to less time and cost spent on yard maintenance, while still providing adequate private space for gardening or recreation. It’s a practical size for busy households.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($406,000) is for municipal tax purposes and provides a baseline. The home’s sale history (last sold in the $435k-$465k range in August 2022) and its above-average living area for the location are often stronger indicators of current market value. A professional appraisal or market analysis is recommended.
3. What are the implications of a "four-level split" design?
This design creates multiple, distinct living zones across different half-levels, which can offer good privacy between bedrooms and common areas. It is efficient with space but involves more stairs than a bungalow or two-story layout. It works well for separating activity areas.
4. The home is above average in size for the street but the lot is smaller. Is that common?
This combination suggests a home that was built or later renovated to maximize living space on its parcel. It indicates a focus on interior square footage over expansive grounds, which can be a smart use of space in a mature neighborhood.
5. Where can I find the exact historical sold price?
Exact sold prices are not publicly displayed in detail here due to data licensing. You can request the precise sale history by email via the button provided on the listing page; the service aims to provide the information manually by the end of the same day.
