40 De Caigny Cove

Island Lakes, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Larger than most nearby homes

2,042 sqft (top 11%) · Built in 1994 (1 yr older than avg)

Located in a high-income area with median household income of ~133k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 70%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

89.4 is composed by the two sections below.

Property Score

88.5Excellent
Living Area2,042 sqft94Excellent
Year Built199481Excellent
Lot Size9,231 sqft95Excellent
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income92Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46111202

Community deep dive

$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

Population, labour & age

Population (2021)748
Labour force participation rate75%
Median age44.8
Avg household size2.8
Unemployment rate6%
Population density2412 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households14%
Couple families with children38%
Median household income (2020)$133K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority17%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

above average
2,042 sqft
0255075100
Same streetTop 35%Same areaTop 11%CitywideTop 10%
Same street · De Caigny Cove
#14 / 40
Top 35% · Avg 1,795 sqft
Same area · Island Lakes
#223 / 2,119
Top 11% · Avg 1,635 sqft
Citywide · Winnipeg
#19,204 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
596k
0255075100
Same streetTop 30%Same areaTop 8%CitywideTop 8%
Same street · De Caigny Cove
#12 / 40
Top 30% · Avg 542.9k
Same area · Island Lakes
#172 / 2,119
Top 8% · Avg 494.7k
Citywide · Winnipeg
#15,980 / 194,458
Top 8% · Avg 390.1k

Year Built

Elite
1994
0255075100
Same streetTop 5%Same areaTop 49%CitywideTop 20%

Lot Size

above average
9,231 sqft
0255075100
Same streetTop 28%Same areaTop 11%CitywideTop 8%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

40 De Caigny Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 311 m).

Search radius
🌳Parks2

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%

Sales History

40 De Caigny Cove: 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.

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