Property score
87.1
Excellent
Overall 87.1 · Larger but older than most nearby homes
2,234 sqft (top 4%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 1 park nearby
Living Area
Above average
37% larger 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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87.1 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 Waterfront Road — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 268 m), 1 parks (nearest 142 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 10% | Top 4% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 34 Waterfront Road, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home on Waterfront Road is a standout property in the Island Lakes neighbourhood, primarily due to its generous proportions and prime location. Built in 1986, the home features 2,234 sqft of living space—placing it in the top tier for size both locally and city-wide—and sits on a large, 9,374 sqft lot. It includes an attached garage and a renovated basement. The appeal lies in its established, spacious feel, offering more room and land than most comparable homes in a sought-after area. Its recent sale in late 2024 at a premium price point confirms its market desirability.
This home would best suit buyers looking for a well-sized family home in a mature neighbourhood without needing to undertake major renovations. It’s ideal for those who value space over a brand-new build, and for long-term residents who appreciate a property that holds an "elite" standing within its community for both size and value. A thoughtful perspective is that while the home is older than many in Island Lakes, its above-average city-wide ranking for year built suggests it’s a newer option among Winnipeg’s overall housing stock, offering a balance of established charm and relative modernity.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
The living area is in the top 7% on its own street, top 4% in Island Lakes, and top 6% city-wide, meaning it is significantly larger than the average Winnipeg home.
2. The assessed value is listed at $62,100k. Is that the market price?
No. The assessed value is for municipal tax purposes. The home sold for between $645,000 and $675,000 in September 2024, which is the relevant market indicator.
3. Is the lot size a major feature?
Yes. The lot is notably larger than average for the street, neighbourhood, and city, offering ample outdoor space—a rarity in many newer subdivisions.
4. The home was built in 1986. What should I consider?
While older than the Island Lakes average, it’s actually newer than the typical Winnipeg home. The renovated basement is a plus, but a thorough inspection of original components (roof, windows, major systems) is advisable.
5. How can I find out the exact historical sold price?
The listing service offers to provide the exact sold price history via email upon request, as the figures shown are publicly-sourced ranges.
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