Property score
81.7
Excellent
Overall 81.7 · Older than most nearby homes
1,706 sqft (top 42%) · Built in 1985 (10 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 3 parks nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Below average
10 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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81.7 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: #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
35 Island Cove — 4 amenities found within 500 m, across 2 categories, including 1 dining (nearest 199 m), 3 parks (nearest 298 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 50% | Top 44% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 35 Island Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This 1985 four-level split home in Island Lakes offers 1,706 sqft of living space on a 6,055 sqft lot, featuring an attached garage and a renovated basement. Its core appeal lies in its balanced position within the market. While the living area is modest for its immediate street, it is above average for Winnipeg overall, suggesting a efficient use of space in a well-regarded neighbourhood. The home’s assessed value sits comfortably in the middle range for Island Lakes, indicating a fair market entry point.
The property suits practical buyers looking for a solid, move-in-ready home with updated basics in a mature, established community. It’s particularly well-suited for those who value a renovated basement for extra living space but don’t require a large yard, as the lot is smaller than others on the street. A thoughtful perspective is that this home represents a “goldilocks” proposition: it avoids the premium for the largest homes on the block, yet offers more space than the typical city home, making it a strategic choice for value-conscious buyers seeking room to grow without overextending.
Frequently Asked Questions
1. How does the property’s size compare to the neighbourhood?
The living area is slightly below the average for Island Cove itself but is very close to the average for the broader Island Lakes neighbourhood. City-wide, it is considered above average in size.
2. Is the assessed value typical for the area?
Yes. The assessment is around average for Island Lakes, ranking in the 60th percentile. It is higher than the city-wide average, reflecting the desirability of the neighbourhood.
3. What is the significance of the lot size?
At just over 6,000 sqft, the lot is smaller than most on Island Cove but is near the average for Island Lakes and above the city average. This means lower maintenance than larger lots on the street, but potentially less private outdoor space than some immediate neighbours.
4. How old is the home, and what does that imply?
Built in 1985, the home is older than most in Island Lakes but newer than the typical Winnipeg home. Buyers can expect mature landscaping and established infrastructure, with the potential for some original components to be nearing their lifecycle.
5. Where can I find exact historical sale prices?
The provided sale price ranges are based on public data. For precise sale figures, you can request the exact sold price history via email through the listing page. This service is provided manually without marketing spam.
