Property score
87.1
Excellent
Overall 87.1 · Larger and newer than most nearby homes
2,179 sqft (top 5%) · Built in 2004 (9 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Above average
33% larger than neighborhood avg.
Year Built
Above average
9 yrs newer than neighborhood avg.
Mother tongue
English · 64%French · 6%
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: #46111206
$141K
Median household income
$153K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
7%
Single-person households
54%
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
38 Lands End Cove — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 300 m), 2 parks (nearest 255 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 50% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
38 Lands End Cove is a well-maintained, two-storey home in Winnipeg's Island Lakes neighbourhood. Built in 2004, it offers 2,179 sqft of living space, which places it comfortably above average for its street, neighbourhood, and the wider city. The home features an attached garage and a renovated basement. Its appeal lies in its established yet modern feel within a sought-after area, offering more interior space than many comparable homes without requiring a major update. The property suits buyers looking for a move-in-ready family home in a mature community, particularly those who value generous living areas over expansive yard sizes, as the lot is more standard for the area.
Key Characteristics & Suitability
This home stands out primarily for its spacious interior. The living area ranks in the top 17% on its own street and the top 5% within Island Lakes, indicating it is notably larger than many homes around it. Combined with a renovated basement, this provides significant functional space for family life, entertaining, or working from home. Its assessed value is consistently above average across all comparison levels, reflecting its desirability. The lot size is average, which may appeal to those who prefer less yard maintenance. A thoughtful perspective is that this property represents a "sweet spot" – it's newer than many city homes, avoiding the major systems updates of older properties, yet is in an established neighbourhood with mature landscaping and community cohesion. It would best suit growing families or professionals seeking a turn-key home with ample room, who prioritize interior square footage and modern finishes within a stable suburban setting.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for living space (top 17%) and assessed value (top 11%) on Lands End Cove. It is newer than most on the street and offers more interior room than the street average.
2. What is the neighbourhood like?
Island Lakes is an established, family-oriented community in Winnipeg. This home is situated on a quiet cove and ranks in the elite top 5% for living space within the entire neighbourhood.
3. Has the basement renovation been permitted?
This information is not provided in the public data. A buyer should request documentation from the seller or verify with the city to ensure all renovations are compliant with local building codes.
4. Why is the sold price history shown as a range?
The sold price ranges are based on publicly available data. To obtain the exact historical sold price, you can request it directly via the provided email service for accurate figures.
5. The lot seems smaller than some; is that typical?
Yes. The land area is around the average for both the street and Island Lakes. This is common for newer subdivisions and often means less yard upkeep, with the property's value focused more on the home's generous interior space.
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