Property score
75.8
Good
Overall 75.8 · Smaller but newer than most nearby homes
1,262 sqft (bottom 17%) · 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
23% smaller than neighborhood avg.
Year Built
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)
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
432 Island Shore Boulevard — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 113 m), 2 parks (nearest 406 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 | Bottom 41% | Bottom 15% | Top 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 9% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 432 Island Shore Boulevard in Winnipeg's Island Lakes neighbourhood presents a practical and updated living space. Its key appeal lies in being a well-maintained, modern-enough home in an established area, offering a balance of space and value without the premium of a brand-new build.
Key Characteristics & Ideal Buyer
The 1,262 sqft home, built in 2001, sits on a standard 4,469 sqft lot. Its renovated basement adds functional living space. The home’s assessed value is notably strong for its immediate street and city-wide, suggesting it is viewed favourably relative to its peers. While the living area is average for the street, it is more compact compared to many larger homes in the broader Island Lakes area. This creates an interesting dynamic: the property holds its value well but offers a more manageable footprint.
Its appeal is for buyers seeking a move-in ready, low-maintenance home in a mature neighbourhood. It would suit first-time buyers stepping into a family-friendly area, downsizers looking for single-level living without leaving a desirable community, or pragmatic investors attracted by its solid assessment history and renovated condition. A less obvious perspective is that its "above-average" assessment on a street of similar-sized homes could indicate specific upgrades or a premium lot placement, making it a standout in its immediate micro-market.
Frequently Asked Questions
1. How does the size of this home compare to others in Island Lakes?
At 1,262 sqft, this home's living area is below the neighbourhood average. It offers a more compact layout compared to many larger homes in Island Lakes, which may appeal to those seeking easier maintenance.
2. What does the "above average" assessed value on the street indicate?
With an assessed value ranking in the top 21% on its own street, this property is valued higher than most direct neighbours. This often reflects factors like renovations, superior condition, or a favourable lot, but should be verified with a current market appraisal.
3. Is the basement development a legal suite?
The listing notes a renovated basement, but does not specify if it is a legal secondary suite. This is a crucial point to clarify with the seller and the city for potential rental income or mortgage implications.
4. How stable has the home's value been historically?
Based on the provided sold price ranges from 2016 and 2020, the home's market value has shown modest growth over that period, consistent with a stable, established area.
5. What is the typical lot size in this area, and how does this property fit?
The lot is 4,469 sqft, which is standard for Island Shore Boulevard but below the larger average lot size for the entire Island Lakes neighbourhood. This means smaller yard maintenance but potentially less private outdoor space than some area homes.
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