Property score
85.5
Excellent
Overall 85.5 · Larger than most nearby homes
2,077 sqft (top 9%) · Built in 1989 (6 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Above average
27% larger than neighborhood avg.
Year Built
Below average
6 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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85.5 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
39 Chenier Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 3 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 45% | Bottom 43% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 39 Chenier Bay, Island Lakes
Key Characteristics & Appeal
This two-storey home in Island Lakes presents a compelling blend of space, established neighbourhood charm, and above-average metrics. Its primary appeal lies in its generous 2,077 sqft living area, which ranks in the top 5% of homes on its own street and the top 9% within the wider Island Lakes area. This substantial size is complemented by a large, 6,917 sqft lot, offering ample outdoor space. The home features an attached garage and a renovated basement, adding functional living and storage areas. Built in 1989, it is newer than the Winnipeg city-wide average for homes.
The data suggests this property isn't just a standard home in the area; it's a standout on its street in terms of both size and assessed value. Its appeal is grounded in offering more interior space than most comparable local properties, on a larger-than-average parcel of land. This home would suit buyers looking for established, spacious family living in a mature neighbourhood without sacrificing room to grow. It’s particularly well-suited for those who value privacy and yard space, as well as buyers who appreciate a home that already has key updates like a renovated basement.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
At 2,077 sqft, the living area is significantly larger than the average home in Winnipeg (~1,342 sqft) and notably above the average for Island Lakes (~1,635 sqft). It is the largest home by living area on Chenier Bay, ranking 1st out of 20 comparable properties.
2. What does the assessed value indicate?
The assessed value of $56.10k is in the top 5% on its street and top 11% city-wide. This typically reflects the city’s valuation of the property’s lot size, living area, condition, and recent renovations relative to the market.
3. Is the lot size a significant feature?
Yes. The 6,917 sqft lot is above average for both the street and the Island Lakes neighbourhood, placing it in the top 25% of the area. This offers more outdoor space and potential than many properties in this community.
4. When was it last sold and for how much?
Public records indicate a sale between July 2016 for an approximate range of $40.50k to $43.50k. For the exact historical sold price, you can request the information directly via the provided email service.
5. What are the nearby properties like?
The immediate neighbours on Chenier Bay are homes of very similar vintage and style, creating a consistent streetscape. The provided comparable properties with similar assessed values are located in other established neighbourhoods like Elmhurst, Eric Coy, and Ridgedale.
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