81.2
Excellent
Property score
81.2
Excellent
Overall 81.2
Compared with neighbourhood average
1,525 sqft (bottom 37%)
Built in 1988 (7 yrs older than avg)
Located in a high-income area
with median household income of ~122k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
7% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 7%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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81.2 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: #46111212
$122K
Median household income
$146K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
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
43 Cassin Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 358 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 11% | Top 24% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 21% | Bottom 47% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 43 Cassin Crescent, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in Island Lakes offers a practical 1,525 sqft layout with a renovated basement and an attached garage. Built in 1988, it sits on a standard 5,915 sqft lot for the area. The home’s standout feature is its strong value proposition. Its assessed value ranks notably high compared to other homes on its street and across Winnipeg, suggesting it may offer more house for the dollar in a desirable neighborhood. While the living space is slightly below the immediate street average, it remains above the city-wide norm, providing ample room for a small family or empty-nesters.
The appeal lies in its established, mature setting within Island Lakes—a neighborhood known for its parks and waterways—combined with the move-in readiness signaled by the renovated basement. It particularly suits first-time buyers seeking a solid starter home in a reputable area, or downsizers looking for single-level living without compromising on space. A thoughtful perspective is that its above-average assessment for the street could indicate better-than-average finishes or updates, potentially offering a premium feel within its local context.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
While its living area is slightly below the average for Cassin Crescent, it is larger than the typical Winnipeg home, offering a balanced amount of space that is easier to maintain than a very large property.
2. What does the assessed value ranking mean?
The home’s assessed value is in the top 11% on its street and top 19% citywide. This generally indicates that official valuation considers it a higher-value property compared to many peers, which can be a positive signal for equity and resale.
3. Is the renovated basement a full suite?
The listing confirms the basement is renovated but does not specify if it is a legal suite. Buyers should verify the permits and nature of the renovations to understand its potential uses.
4. What is the typical lot size in Island Lakes?
The lot is just under 6,000 sqft, which is very typical for Island Lakes. It provides standard backyard space for the neighborhood without the extensive maintenance of a much larger lot.
5. How recent are the major updates?
The listing notes a renovated basement but does not provide a renovation date. The roof, windows, and major systems (HVAC, plumbing) for a 1988 home are important to inspect, as they may be nearing or have passed their typical lifespan.
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