Property score
75.8
Good
Overall 75.8 · Smaller but newer than most nearby homes
1,213 sqft (bottom 11%) · Built in 2002 (7 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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75.8 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: #46111206
$141K
Median household income
$153K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
7%
Single-person households
54%
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
408 Island Shore Boulevard — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 136 m), 2 parks (nearest 359 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 22% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 408 Island Shore Boulevard, Island Lakes
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Island Lakes offers a practical and comfortable living space. Its key characteristics include a renovated basement, an attached garage, and a manageable 1,213 sqft layout on a standard 4,478 sqft lot. Built in 2002, it is notably newer than many homes in Winnipeg and within its own neighbourhood, suggesting modern construction standards and potentially lower immediate maintenance needs.
The appeal lies in its balance and positioning. While the living space is modest for the Island Lakes area, its assessed value is strong citywide, indicating solid inherent value. It suits first-time buyers or downsizers seeking a single-level home in an established, family-friendly neighbourhood without the premium for a larger footprint. It’s a home for those who prioritize a newer build and a renovated basement ready for use over maximizing square footage. A thoughtful perspective is that its "around average" metrics on its own street suggest it fits seamlessly into the streetscape, offering neither the largest nor the smallest property, which can be a stable, low-profile advantage.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others in Island Lakes?
At 1,213 sqft, the living area is below the neighbourhood average. It’s a more compact option in the area, which is reflected in its pricing and may appeal to those seeking efficient use of space.
2. What does the assessed value tell us about this property?
With a $45.30k assessment that ranks in the top 28% citywide, the property holds strong value compared to the Winnipeg average. This suggests a favourable valuation foundation, though it's important to compare this to current market prices.
3. Are there benefits to the 2002 build year?
Yes. Built in 2002, the home is significantly newer than the Winnipeg city average (1966) and the Island Lakes average (~1995). This often translates to newer major systems (like plumbing and electrical), modern insulation standards, and less near-term worry about age-related replacements.
4. What is the lot size like?
The 4,478 sqft lot is standard for the street but below the average for Island Lakes. It provides a typical backyard space for the immediate area, suitable for gardening or patio space, but is not an exceptionally large lot.
5. What was the last known sale price?
Public data indicates a sale in September 2017 in the range of $36.50k to $39.50k. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.
