38 Pamela Road

Island Lakes, ਵਿਨੀਪਿਗ

Property score

81.4

Excellent

Overall 81.4 · Newer than most nearby homes

1,518 sqft (bottom 36%) · Built in 2007 (12 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 58.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

7% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 64%French · 6%

Past 10 years Island Lakes sales snapshot (~80% of all data)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

81.4 is composed by the two sections below.

Property Score

76.0Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,518 sqft79Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ200790Excellent
ਜ਼ਮੀਨ4,611 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,518 sqft
0255075100
Same streetਹੇਠਲੇ 21%Same areaਹੇਠਲੇ 36%Citywideਟਾਪ 29%
Same street · Pamela Road
#22 / 28
ਹੇਠਲੇ 21% · ਔਸਤ 1,723 sqft
Same area · Island Lakes
#1,355 / 2,119
ਹੇਠਲੇ 36% · ਔਸਤ 1,635 sqft
Citywide · ਵਿਨੀਪਿਗ
#57,180 / 194,458
ਟਾਪ 29% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
515k
0255075100
Same streetਟਾਪ 50%Same areaਟਾਪ 31%Citywideਟਾਪ 17%
Same street · Pamela Road
#14 / 28
ਟਾਪ 50% · ਔਸਤ 516.2k
Same area · Island Lakes
#660 / 2,119
ਟਾਪ 31% · ਔਸਤ 494.7k
Citywide · ਵਿਨੀਪਿਗ
#33,907 / 194,458
ਟਾਪ 17% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2007
0255075100
Same streetਟਾਪ 4%Same areaਟਾਪ 2%Citywideਟਾਪ 13%

ਜ਼ਮੀਨ

ਔਸਤ
4,611 sqft
0255075100
Same streetਟਾਪ 36%Same areaਹੇਠਲੇ 17%Citywideਹੇਠਲੇ 36%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

38 Pamela Road — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 310 m), 3 parks (nearest 305 m).

Search radius
🏫Education1
🌳Parks3

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

11/2023 ਵਿਚ ਵਿਕਿਆCA$500k–550k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 29%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 22%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 14%
9/2020 ਵਿਚ ਵਿਕਿਆCA$400k–450k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 29%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 47%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 24%
10/2016 ਵਿਚ ਵਿਕਿਆCA$400k–450k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 1%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 43%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 29%

Related homes

ਵਿਨੀਪਿਗ 38 Pamela Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 38 Pamela Road, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained home, built in 2007, offers a practical and modern living space in the established Island Lakes neighbourhood. Its key features include 1,518 sqft of living area, a renovated basement, and an attached garage. The data reveals a home that balances city-wide appeal with local context: while its living space is above average for Winnipeg overall, it is more modest compared to other homes on Pamela Road and within Island Lakes. This creates a value-oriented entry point into a desirable area.

The primary appeal lies in its modern build year—one of the newest on its street—coupled with the move-in readiness suggested by the renovated basement. It suits first-time buyers or downsizers seeking a contemporary, low-maintenance home without the premium of a larger lot. It’s also a sensible fit for value-conscious buyers who prioritize a newer building envelope and interior updates over maximum square footage or yard size. A thoughtful perspective is that this property represents a “right-sized” option: it offers the benefits of a mature neighbourhood with mature landscaping and community amenities, but in a home that’s younger than most in the city, potentially reducing near-term repair costs.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to the neighbourhood?
At 1,518 sqft, the living area is below the average for both Pamela Road (1,723 sqft avg) and the wider Island Lakes area (1,635 sqft avg). This contributes to its accessibility and may result in lower utility costs.

2. What does the assessed value indicate?
The assessed value of $51.50k is around average for the street and Island Lakes, but places the property in the top 17% city-wide, reflecting the overall desirability of the area.

3. Is the lot size typical?
The 4,611 sqft lot is slightly smaller than the average on Pamela Road and notably smaller than the Island Lakes average. This means less yard maintenance but also less private outdoor space compared to many neighbours.

4. How recent are the major updates?
The listing specifies a renovated basement. The build year of 2007 is a major asset, indicating modern construction standards, but specifics on the age and scope of the basement renovation and other updates should be verified.

5. What is the recent sales history?
The property sold in November 2023. Prior sales occurred in September 2020 and October 2016, showing steady turnover and sustained market interest over the past decade.

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