Property score
85.3
Excellent
Overall 85.3 · Compared with neighbourhood average
1,601 sqft (bottom 45%) · Built in 2000 (5 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: 3 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
5 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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85.3 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
34 Black Pearl Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 231 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 1% | Top 37% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 34 Black Pearl Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This home at 34 Black Pearl Cove is a well-situated, single-family residence built in 2000. With 1,601 sqft of living space and a renovated basement, it offers modern, functional living in the established Island Lakes neighborhood. The property stands out for its efficient use of space; while the living area is about average for the immediate street and neighborhood, it ranks within the top 25% city-wide, indicating a solidly sized home for Winnipeg. The assessed value tells a compelling story of value retention, ranking significantly above average both for the neighborhood and the entire city.
The appeal lies in its balance and positioning. It’s a home that offers more space than the typical Winnipeg house on a lot that is also larger than the city norm, yet it carries an assessed value that is below average for its own street. This suggests potential value relative to its direct neighbors. The renovated basement adds immediate move-in readiness. It would suit practical buyers looking for a comfortable, low-maintenance home in a mature suburb—first-time homeowners, small families, or downsizers seeking single-level living with extra finished space below, all without the upkeep of a pool or a large garage.
Frequently Asked Questions
1. How does the property's value compare to nearby homes?
The home’s assessed value is above average for both the Island Lakes area and Winnipeg as a whole. Interestingly, on its own street (Black Pearl Cove), it ranks in the top 80%, meaning its assessed value is below the street's average, which could indicate a relative value opportunity compared to the immediate neighbors.
2. What is the lot size, and how does it compare?
The land area is 7,803 sqft. This is above average for both the neighborhood and the city, offering good outdoor space. However, it is below the average lot size for Black Pearl Cove itself, where properties tend to have larger lots.
3. Is the basement included in the living area square footage?
No. The listed living area of 1,601 sqft does not include the renovated basement. The basement provides additional finished space beyond the main and upper levels.
4. What are the garage and parking arrangements?
The listing specifies there is no garage. Buyers should inquire about the driveway capacity and any on-street parking regulations to plan for vehicle storage.
5. How can I find out the exact historical sale price?
The provided sold price history shows a range. To obtain the exact sale price from previous transactions, you must request it via email from the listing service. They provide this data manually and promise a reply by the end of the same day, with no unsolicited marketing use of your email address.
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