82.5
Excellent
Property score
82.5
Excellent
Overall 82.5
Compared with neighbourhood average
1,713 sqft (top 41%)
Built in 1988 (7 yrs older than avg)
Located in a high-income area
with median household income of ~122k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 7%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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82.5 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: #46111212
$122K
Median household income
$146K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
10%
Single-person households
50%
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
31 Pynoo Place — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 252 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 20% | Top 32% | Top 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 12% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 31 Pynoo Place, Island Lakes
Key Characteristics & Appeal
This two-storey home in Island Lakes offers a practical and updated living space. With 1,713 sqft of living area, it provides ample room for a family and sits above the city-wide average for size. A key feature is the renovated basement, adding valuable finished space. The home was built in 1988, which is newer than most in Winnipeg, suggesting potentially fewer immediate concerns with aging components compared to older city stock. It includes an attached garage for convenience.
The appeal here is one of balance and value within a well-established neighborhood. While the lot size is notably smaller than others on the street and in Island Lakes, this can translate to less yard maintenance—a perk for busy professionals or those seeking a lock-and-leave lifestyle. The property’s assessed value positions it as a solid, mid-range option in the area, not a premium-priced standout, which could represent an accessible entry point into the neighborhood. It would suit first-time buyers or growing families looking for a turn-key home with modernized living spaces without a premium lot size, or downsizers who want the space of a house but prefer minimal outdoor upkeep.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is below average for the immediate street and Island Lakes, it is around average city-wide. This means less private outdoor space and potentially less distance from neighbors, but it also requires less maintenance and landscaping effort.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the quality of the renovation, whether it includes a bathroom or kitchenette, and if proper permits were obtained.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value (46.60k) is for municipal tax purposes. The recent sold price history shows the home sold in 2022 for an estimated range much higher, indicating market value is significantly above the tax assessment, which is common.
4. How does the age of the home (built in 1988) affect it?
Being 38 years old, major components like the roof, windows, and HVAC system may be nearing or past their typical lifespan. While newer than the Winnipeg average, a thorough inspection is crucial to understand the condition and remaining life of these elements.
5. What is the neighborhood vibe and convenience like?
Located in Island Lakes, the area is known for family-friendly amenities, parks, and pathways around the man-made lakes. The specific location on Pynoo Place appears to be a quiet residential street. Buyers should explore nearby shopping, schools, and transit options to see if it fits their daily needs.
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