81.4
Excellent
Property score
81.4
Excellent
Overall 81.4
Older than most nearby homes
1,616 sqft (bottom 48%)
Built in 1987 (8 yrs older than avg)
Located in a high-income area
with median household income of ~122k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Below average
8 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 7%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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81.4 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: #46111212
$122K
Median household income
$146K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
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
35 Pynoo Place — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 238 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 40% | Top 40% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 35 Pynoo Place, Island Lakes, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home in Island Lakes presents a practical opportunity in a well-established neighbourhood. Built in 1987, it features 1,616 sqft of living space and a renovated basement. The home has an attached garage and sits on a 4,692 sqft lot.
Its primary appeal lies in its value positioning. While its living area and lot size are below average for its immediate street and the Island Lakes area, it stands out favourably in a city-wide context, offering above-average interior space compared to the typical Winnipeg home. The assessed value follows a similar pattern, being relatively modest for the neighbourhood but above average citywide. This suggests the property could be an accessible entry point into the desirable Island Lakes community, often known for its parks and lakes, without the premium price of a larger lot or newer build. The renovated basement adds immediate functional living space.
This home would suit first-time buyers or downsizers seeking the amenities and stability of a mature suburb. It’s also a pragmatic choice for value-focused buyers who prioritize interior space and updates over a large yard or the newest construction on the block.
Frequently Asked Questions
1. Is the below-average lot size a significant drawback?
While the lot is smaller than most on the street, it requires less maintenance. For buyers who prioritize indoor living space and a renovated basement over extensive outdoor space, this can be a fair trade-off.
2. How does the 1987 build year affect the home?
Homes from this era often have well-understood construction materials and layouts. While some original components may be nearing the end of their lifespan, this also means many major systems have been updated over time, like the renovated basement here.
3. The assessed value seems low for the area. Is that good?
A below-average assessment for Island Lakes generally indicates a lower property tax burden compared to neighbours, which is a financial positive. It often reflects the home’s specific characteristics (like lot size and age) within a higher-value area.
4. What’s the neighbourhood vibe of Island Lakes?
Island Lakes is a family-oriented, established suburb known for its network of pathways, lakes, and green spaces. It offers a quieter, residential feel with good access to community amenities.
5. Where can I find the exact historical sale price?
The exact sold price is not publicly displayed due to data privacy. You can request the precise sale history by emailing the listing service directly; they provide this detail manually without using your email for marketing.
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