Property score
68.7
Good
Overall 68.7 · Smaller and older than most nearby homes
1,216 sqft (bottom 12%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~112k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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68.7 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: #46110594
$112K
Median household income
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
16%
Single-person households
38%
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 Gauvreau Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 185 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 20% | Bottom 4% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 34 Gauvreau Road, Island Lakes, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1986, offering a practical and comfortable layout with 1,216 sqft of living space and a renovated basement. Its attached garage and a standard 5,083 sqft lot provide the expected amenities for the neighbourhood. The home’s primary appeal lies in its solid positioning as a manageable, turn-key property in the established Island Lakes community.
While its living space is modest for the immediate street and area, it sits close to the city-wide average, suggesting an efficient use of space that may suit those looking to downsize or who prefer simpler, single-level living. The renovated basement adds valuable functional space. The property’s assessed value is notably below average for Island Lakes but aligns with averages on its own street and city-wide, potentially indicating a more accessible entry point into this desirable neighbourhood.
This home would best suit first-time buyers seeking a foothold in a mature area, or empty-nesters looking to rightsize without leaving a community known for its green spaces and amenities. It’s a property for buyers who value location and practicality over sheer size, offering a balance of community benefits and manageable upkeep.
Frequently Asked Questions
1. How does the size of this home compare to others in Island Lakes?
At 1,216 sqft, the living area is below the average for Island Lakes. This makes it one of the more compact homes in the area, which can mean lower utility costs and less maintenance, but may require efficient use of space.
2. The assessed value seems low for the area. What does that indicate?
The assessed value is below the Island Lakes average but is consistent with averages on Gauvreau Road itself. This suggests the street, or this specific style/size of home within the neighbourhood, is valued differently, possibly offering a more budget-friendly option in the community.
3. What is the significance of the renovated basement?
A renovated basement effectively adds usable living space to the home’s footprint. For a single-storey home of this size, it is a significant feature that can provide crucial extra room for a family room, home office, or guest space.
4. Is a home built in 1986 considered old?
While not new, a 1986 build is newer than the typical Winnipeg home. Major components like the roof, windows, and heating system may be nearing or have undergone updates, so a thorough inspection to understand the home’s current condition is advised.
5. How can I find out the exact historical sale prices?
The listed sale price ranges are based on public data. To obtain the precise sale price from the last transaction in June 2017, you can use the email request feature provided on the listing page for a manual, prompt response.
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