428 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

75.8

Good

Overall 75.8 · Smaller but newer than most nearby homes

1,218 sqft (bottom 12%) · Built in 2001 (6 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.

Taon ng Paggawa

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 64%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

75.8 is composed by the two sections below.

Property Score

66.6Good
Living Area1,218 sqft66Good
Taon ng Paggawa200187Excellent
Lupa4,469 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Istatistika ng benta ng komunidad

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (Detached na bahay (hindi 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: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

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

Mga ranggo

Living Area

karaniwan
1,218 sqft
0255075100
Same streetBottom 36%Same areaBottom 12%CitywideTop 49%
Same street · Island Shore Boulevard
#49 / 77
Bottom 36% · Avg 1,355 sqft
Same area · Island Lakes
#1,869 / 2,119
Bottom 12% · Avg 1,635 sqft
Citywide · Winnipeg
#94,316 / 194,458
Top 49% · Avg 1,342 sqft

Assessed Value

lampas sa average
453k
0255075100
Same streetTop 42%Same areaBottom 26%CitywideTop 28%
Same street · Island Shore Boulevard
#32 / 77
Top 42% · Avg 433.7k
Same area · Island Lakes
#1,570 / 2,119
Bottom 26% · Avg 494.7k
Citywide · Winnipeg
#54,181 / 194,458
Top 28% · Avg 390.1k

Taon ng Paggawa

lampas sa average
2001
0255075100
Same streetTop 26%Same areaTop 30%CitywideTop 17%

Lupa

karaniwan
4,469 sqft
0255075100
Same streetBottom 43%Same areaBottom 13%CitywideBottom 33%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

428 Island Shore Boulevard — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 116 m), 2 parks (nearest 399 m).

Search radius
🏫Education1
🌳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%

Kasaysayan ng Benta

Naibenta 9/2022CA$450k–500k
Presyo ng benta

Parehong kalye

Top 14%

Parehong lugar

Top 33%

Buong lungsod

Top 18%
Naibenta 6/2017CA$350k–400k
Presyo ng benta

Parehong kalye

Bottom 45%

Parehong lugar

Bottom 17%

Buong lungsod

Top 40%

Related homes

Mga tampok at karaniwang tanong: 428 Island Shore Boulevard, Winnipeg

Property Overview: 428 Island Shore Boulevard, Island Lakes

Section 1: Key Characteristics & Appeal

This well-maintained one-storey home in Island Lakes offers practical, single-level living. Built in 2001, it is notably newer than many homes in Winnipeg and within its own neighbourhood, suggesting modern construction standards and potentially fewer major upkeep concerns in the near term. The home features a renovated basement, adding valuable finished space to its 1,218 sqft footprint, and includes an attached garage.

Its primary appeal lies in its balance and efficiency. The property sits comfortably around average for its street and the city in terms of living and land area (4,469 sqft), meaning it avoids the premium for the largest lots or square footage but provides ample space. Interestingly, its assessed value ranks above average city-wide, which can indicate solid perceived value relative to the broader market. The home suits first-time buyers, downsizers seeking a manageable layout without stairs, or pragmatic investors looking for a turnkey property in an established neighbourhood. Its consistent, middle-of-the-road rankings suggest a property that is easy to understand and compare, without extreme features that might narrow its buyer pool.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others in Island Lakes?
At 1,218 sqft of living area, this home is below the neighbourhood average. This can mean a more efficient layout and lower utility costs, but it’s important to ensure the space, including the renovated basement, meets your needs.

2. The assessed value seems low. Is that accurate?
The assessed value figures shown are for municipal tax purposes and are not market valuations. Market value is determined by recent sales of comparable homes. The key takeaway is that this home’s assessment ranks relatively high city-wide, which is a positive indicator.

3. What is the significance of the home being built in 2001?
A 2001 build date means major components like the roof, windows, and HVAC system are likely original or nearing the end of their typical lifespan. A pre-purchase inspection is advised to budget for any upcoming replacements, though the home is still newer than most in Winnipeg.

4. The lot seems smaller than others in Island Lakes. Is that a concern?
The lot is under 5,000 sqft, which is smaller than the Island Lakes average. This translates to less yard maintenance but also less private outdoor space. It’s a trade-off that appeals to those seeking a lower-maintenance property.

5. Where can I find the exact historical sale prices?
The listed sale prices are estimated ranges from public data. The exact sale prices are available by request from the listing service via email, which they provide manually without using your address for unsolicited marketing.

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