Property score
89.5
Excellent
Overall 89.5 · Larger and newer than most nearby homes
1,984 sqft (top 13%) · Built in 2003 (8 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Above average
8 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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89.5 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: #46111205
$148K
Median household income
$155K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
10%
Single-person households
50%
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
42 Henry Dormer Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 170 m), 2 parks (nearest 333 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 14% | Top 2% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 42 Henry Dormer Drive in Winnipeg's Island Lakes neighbourhood presents a compelling opportunity. Its primary appeal lies in offering above-average space and land in a well-established area. With 1,984 sqft of living space, a fully renovated basement, an attached garage, and a pool, it is equipped for comfortable family living. The standout feature is the 11,129 sqft lot, which places it in the top 5% of properties in Island Lakes for land area, offering exceptional outdoor space and privacy rare for the neighbourhood.
The home consistently ranks in the top 15% for key metrics—like living area and assessed value—compared to its immediate street, the broader Island Lakes area, and city-wide. Built in 2003, it is newer than most Winnipeg homes but is now at an age where major components may need evaluation or updating. It would suit buyers looking for a spacious family home with a large yard for recreation or gardening, and who value the mature community setting of Island Lakes. The recent sale in early 2025 suggests it is move-in ready, but the size of the property and the pool also imply higher ongoing maintenance and utility costs, a trade-off for the premium space.
Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is exceptionally large at over 11,000 sqft, placing it in the top 4% of all residential properties city-wide. It offers significantly more yard space than the Winnipeg average of about 6,570 sqft.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, permits for any structural work, and whether it includes a separate entrance or legal suite potential.
3. Are there any concerns with a home built in 2003?
Homes from this era are generally modern but are now over 20 years old. Key components like the roof, HVAC system, windows, and major appliances may be nearing the end of their typical lifespans and should be inspected.
4. What are the estimated annual costs associated with the pool?
Beyond initial maintenance, pools increase insurance premiums, utility bills (for heating and filtration), and require seasonal opening/closing costs. Budgeting for these ongoing expenses is important.
5. Why is the assessed value significantly different from the recent sold price?
The assessed value of $61.30k is for municipal tax purposes and is not a market valuation. The sold price in early 2025 was between $685,000 and $715,000, which reflects the current market value based on the home's features and condition.
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