Property score
83.7
Excellent
Overall 83.7 · Compared with neighbourhood average
1,532 sqft (bottom 38%) · Built in 1997 (2 yrs newer than avg)
Located in a high-income area with median household income of ~133k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Below average
6% smaller than neighborhood avg.
Year Built
Near average
2 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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83.7 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
4 Gull Wing Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 314 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%
4 Gull Wing Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 4 Gull Wing Bay, Island Lakes, Winnipeg
This home presents a practical and comfortable living proposition in the well-established Island Lakes neighbourhood. Built in 1997, it is a newer construction compared to many Winnipeg homes. The 1,532 sqft house sits on a generous 7,179 sqft lot, offering more outdoor space than most in the city. It features a renovated basement and an attached garage. The appeal here is one of balance: it offers modern enough infrastructure to avoid major immediate renovations, coupled with a lot size that provides room to breathe and garden. Its assessed value positions it as a solid, mid-range property city-wide.
This home would suit first-time buyers looking for a move-in-ready property with space to grow, or downsizers seeking a manageable single-family home without sacrificing yard space. It’s for buyers who value the mature trees and settled feel of Island Lakes over a brand-new subdivision, and who appreciate a home that performs efficiently for its size rather than boasting the largest footprint on the street.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,532 sqft, the living area is somewhat more compact than the immediate neighbourhood average, but it is above the city-wide average. This often translates to lower utility costs and less maintenance, while the lot size is significantly larger than many city properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand if it’s a finished recreational space, contains additional bedrooms, or has a separate entrance.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value ( $50.90k ) is for municipal tax purposes and is typically much lower than market value. The actual sale price will be determined by current market conditions, the home’s condition, and buyer demand.
4. What are the benefits of a 1997 build in this neighbourhood?
Island Lakes has many homes built in the 1980s. A 1997 build means major components like the roof, windows, and furnace are likely 10-15 years newer than many neighbours, potentially deferring significant replacement costs.
5. How does the lot size impact the property?
The lot is over 7,000 sqft, which is a standout feature. It provides ample private outdoor space, room for gardening, play structures, or future additions like a shed or deck, which can be rare in many city neighbourhoods.
