Property score
81.3
Excellent
Overall 81.3 · Older than most nearby homes
1,596 sqft (bottom 45%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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81.3 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: #46110514
$106K
Median household income
$129K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
31%
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 Lighthouse Point — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 116 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 33% | Top 26% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
34 Lighthouse Point is a well-situated, one-storey home in Winnipeg's Island Lakes neighbourhood. Built in 1986, it features 1,596 sqft of living space, a renovated basement, and an attached garage. The property stands out for its exceptionally large, roughly 12,000 sqft lot, which is among the top 4% in both the neighbourhood and the entire city. While the house itself is modest in size compared to others on its street, it offers solid value with an assessed value that ranks highly within the broader area.
The primary appeal of this home lies in its land. The lot size is a significant asset, offering rare space for gardening, recreation, or future expansion in a mature, established area. The renovated basement adds functional living space, making the home practical for everyday life. Its assessed value suggests it is a strong, above-average asset within Island Lakes and Winnipeg overall, indicating good long-term value.
This property would suit a few specific buyer types perfectly. First, it's ideal for those who prioritize private outdoor space over a large interior footprint. It could also appeal to downsizers seeking a single-level layout without sacrificing yard size. Finally, it represents a savvy opportunity for value-conscious buyers looking to get into the desirable Island Lakes area, where they can potentially add value over time, leveraging the excellent lot.
1. Is the house too small for the street?
While the living area is below the average for Lighthouse Point itself, the home is above average in size compared to the whole city. It offers a comfortable layout, and the premium lot size more than compensates, offering a different kind of luxury.
2. What does the "Elite" lot ranking mean?
This means the property's land area is in the top 4% when compared to all homes in Island Lakes and citywide. It's a rare find, especially in a mature neighbourhood, offering privacy and potential not found in newer subdivisions.
3. The home was built in 1986. What should I be aware of?
While major systems like the roof, windows, and furnace may be due for updates or replacement given the home's age, the data shows it is newer than most homes on its street and citywide. A thorough inspection is always recommended.
4. How does the assessed value relate to the likely selling price?
The assessed value for municipal tax purposes is a strong indicator of the home's market value relative to other properties. Its high ranking suggests it is a substantial asset, but the final sale price will be determined by current market conditions.
5. What is the neighbourhood like?
Island Lakes is a mature, family-friendly community known for its lakes, pathways, and parks. This property's location on a quiet point offers a particularly peaceful setting within the area.
