Property score
81.7
Excellent
Overall 81.7 · Compared with neighbourhood average
1,581 sqft (bottom 44%) · Built in 1999 (4 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 4 parks nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Near average
4 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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81.7 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: #46111205
$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
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
32 Bounty Bay — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 317 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 50% | Top 23% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 32 Bounty Bay, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 32 Bounty Bay is a well-situated, late-90s built property in the established Island Lakes neighborhood. Its key characteristic is a sense of solid, above-average value within the broader Winnipeg market. With 1,581 sqft of living space and a renovated basement, it offers functional space for a family. The assessed value of $530k places it in the top 15-24% citywide and within Island Lakes, suggesting a desirable valuation relative to many other homes.
The appeal lies in its balance. It’s not the largest on its street, but it holds its own with modern enough construction and a recently updated lower level. It suits buyers looking for a move-in ready home in a mature neighborhood without the premium of a brand-new build. It would particularly suit a young family or downsizers seeking single-level living potential (with the basement providing extra space for guests or hobbies) who value a quiet, lake-access community. A thoughtful perspective is that while the lot is smaller than others on Bounty Bay, this can mean less maintenance—an appealing trade-off for those prioritizing indoor living space over extensive yard work.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Island Lakes?
The data shows it is competitively positioned. Its living area is near the neighborhood average, but its assessed value is above average for Island Lakes, indicating perceived quality or updates that place it in a higher tier relative to many local peers.
2. What does the sold price history indicate?
The home sold in August 2023 for between $495,000 and $525,000. This sale price was above the average for similar homes citywide and in the local area at that time, reflecting strong demand for properties in this category and location.
3. Is the smaller lot size a concern?
At 5,254 sqft, the lot is the smallest on Bounty Bay. However, it is very close to the average lot size for both Island Lakes and Winnipeg overall. It offers a manageable outdoor space while still providing typical backyard functionality.
4. What is the significance of the "renovated basement"?
While specific details aren’t listed, a renovated basement in a 1999 home typically adds valuable finished living space, such as a family room, office, or additional bedrooms. It’s a key feature that modernizes the home and increases its usable square footage.
5. How does the year built (1999) affect the home?
Built 27 years ago, this home is newer than most in Winnipeg. This often means modern building codes, efficient floor plans, and potentially fewer major system replacements (like roof or windows) compared to much older stock, though all components should still be inspected for their current condition.
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