Property score
85.8
Excellent
Overall 85.8 · Compared with neighbourhood average
1,600 sqft (bottom 45%) · Built in 1998 (3 yrs newer than avg)
Located in a high-income area with median household income of ~133k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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85.8 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: #46111202
$133K
Median household income
$160K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
14%
Single-person households
38%
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 Gull Wing Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 193 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 | Bottom 37% | Top 43% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 39 Gull Wing Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home in Island Lakes presents a compelling blend of space, location, and value. With 1,600 sqft of living area, it sits comfortably above the Winnipeg average, offering ample room for a growing family or those who appreciate spacious interiors. The property stands out for its generous 9,394 sqft lot, providing significant outdoor space that is well above neighbourhood and city norms—a rare find for those prioritizing yard size. A key feature is the renovated basement, adding valuable finished living space.
Its appeal lies in its strong positional value. While the home itself is of average size for its immediate street and neighbourhood, it ranks highly in assessed value, indicating it is considered a premium property within its peer group. Built in 1998, it is notably newer than most homes on its street and across Winnipeg, suggesting potentially fewer major maintenance concerns in the near term. The attached garage and quiet cul-de-sac setting on Gull Wing Bay add to its practical, family-friendly charm.
This home would best suit buyers looking for an established, family-oriented community with larger lot sizes. It’s ideal for those who want above-average city living space without the footprint of a brand-new home, and who value a property that holds a strong assessed value position within its market. It’s a solid choice for practical buyers who see the worth in a renovated basement, a newer build date, and the room to grow outdoors.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,600 sqft, the living area is slightly below the average for Gull Wing Bay itself but remains above the average for both the wider Island Lakes neighbourhood and the city of Winnipeg as a whole. The lot size, however, is significantly larger than most nearby properties.
2. What does the "above average" assessed value ranking mean?
The assessed value of $58.70k places this home in the top 9% of properties in Island Lakes and citywide. This suggests the municipal assessment views it as a higher-value home compared to most peers, which can be a positive indicator for equity, though property taxes will be relative to this value.
3. Are there any known issues with homes built in 1998?
Being built in 1998 is generally a positive, as it is newer than many Winnipeg homes. However, buyers should still be mindful of components that may be nearing the end of their typical lifespan, such as the roof, original windows, or major appliances. A thorough inspection is always recommended.
4. What is the benefit of having a renovated basement?
A renovated basement immediately adds functional living space without the need for a costly project. It can serve as a family room, home office, or guest space, increasing the home’s usability and appeal. Ensure renovations were done with proper permits.
5. How can I find out the exact historical sale price?
The provided sold price is a range based on public data. For the exact sale price from its last transaction in July 2020, you must request it directly via the email prompt on the listing page. The service is manual but provided without marketing spam.
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