Property score
84.3
Excellent
Overall 84.3 · Compared with neighbourhood average
1,719 sqft (top 40%) · Built in 1998 (3 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: 1 dining spot, 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Near average
3 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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84.3 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 Causeway Bay — 7 amenities found within 500 m, across 6 categories, including 1 dining (nearest 443 m), 1 healthcare (nearest 471 m), 1 shopping (nearest 380 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 | Bottom 17% | Bottom 34% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 32 Causeway Bay in Winnipeg's Island Lakes neighbourhood presents a solid, renovated family home in a well-established area. Built in 1998, its key appeal lies in its above-average living space relative to the city, paired with a recently updated basement. The home features an attached garage and sits on a standard-sized lot for the area. The data suggests it's a property that offers more interior space than many city homes, while its assessed value is positioned very competitively within its immediate neighbourhood and street. This creates a value proposition where you get a relatively spacious, updated home without a premium street price.
It would suit practical buyers looking for a ready-to-move-into family home in a mature community, who prioritize interior space and updates over having the largest lot on the block. It’s also a sensible option for value-conscious buyers comparing across the city, as the home's size outpaces its assessed value ranking city-wide.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
The assessed value is below the average for Causeway Bay itself, ranking in the lower third (17th out of 24). This could indicate a value opportunity on a desirable street, but it's wise to investigate the specific reasons through a viewing and professional inspection.
2. Is the living space significantly larger than average?
Yes. With 1,719 sqft, it sits in the top 25% of homes on its street and the top 20% city-wide for living area. This is one of its strongest attributes, offering more room than the typical Winnipeg home.
3. What does the sold price history from 2019 tell us?
The 2019 sale in the $38.5k-$41.5k range, relative to the current assessed value of $47.80k, provides a historical benchmark. It shows market movement over five years, but should be considered alongside recent renovations and current market conditions.
4. The lot size seems average. Is that a drawback?
The lot is typical for Island Lakes but smaller than the city average. This isn't unusual for this neighbourhood and often translates to less yard maintenance. The appeal here is focused more on the updated interior space rather than extensive outdoor grounds.
5. You mention a renovated basement. What isn't said about the property?
The listing confirms a renovated basement but does not specify the quality, extent, or permits for the renovation. It also doesn't detail the condition of major aging components common for a 1998 home, like the roof, windows, or HVAC system, which are key inspection points.
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