Property score
84.2
Excellent
Overall 84.2 · Larger but older than most nearby homes
1,971 sqft (top 14%) · Built in 1985 (10 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 3 parks nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Below average
10 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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84.2 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 Island Cove — 4 amenities found within 500 m, across 2 categories, including 1 dining (nearest 186 m), 3 parks (nearest 312 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 25% | Top 5% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 39 Island Cove in Winnipeg's Island Lakes neighbourhood presents a well-maintained, established family property. Its primary appeal lies in offering above-average space and value within a mature, sought-after community. With 1,971 sqft of living space, the home is larger than most in both the neighbourhood and the wider city. Key features include a renovated basement, an attached garage, and a private pool situated on a 6,726 sqft lot.
The home is ideally suited for buyers looking for a move-in ready property with room to grow, without the premium of a brand-new build. It particularly fits families or established professionals who value the mature landscaping and settled feel of a 1980s-built community like Island Lakes. A thoughtful perspective is that while the lot size is generous for the city, it is slightly smaller than others on its own street, suggesting a more manageable yard for upkeep. The home’s assessed value ranks highly compared to the area, indicating a solid investment in a desirable location.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,971 sqft, this home offers more living space than approximately 86% of homes in Winnipeg and 86% of homes in the Island Lakes area, making it a spacious option within its market.
2. What is the significance of the home's assessed value?
With an assessed value of $60.30k, this property ranks higher than about 93% of homes in Island Lakes and 92% citywide. This typically reflects a combination of its size, features, and desirable location, often correlating with strong market value.
3. Is the lot size typical for the area?
The 6,726 sqft lot is above average for both Island Lakes and Winnipeg overall. However, it's worth noting that lots on Island Cove itself tend to be larger, so this property offers a more standard urban yard size within an enclave of very large lots.
4. What can the year built tell me about the property?
Built in 1985, the home is older than most in Island Lakes but newer than the average Winnipeg home. This suggests it benefits from mature trees and an established neighbourhood character, while likely having seen updates (like the renovated basement) over time.
5. What was the home's recent sale history?
Public records indicate the property sold in December 2022 for a price range between $59.50k and $62.50k. For precise historical sold prices, you can request the exact figures directly from the listing source.
