Property score
85.1
Excellent
Overall 85.1 · Larger and newer than most nearby homes
1,954 sqft (top 15%) · Built in 2005 (10 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 42.0 · 10-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Above average
10 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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85.1 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
46 Captains Way — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 277 m), 3 parks (nearest 280 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 31% | Top 33% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 46 Captains Way, Island Lakes, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home in Island Lakes is a well-sized, modern property that stands out for its above-average living space and recent updates. With 1,954 sqft of living area, it ranks in the top 15% of the neighbourhood for size, offering more room than most comparable local homes. Built in 2005, it is a newer construction relative to the Winnipeg average, and its renovated basement adds immediate functional value. The attached garage is a practical feature for the climate.
The home’s primary appeal lies in its strong positional metrics within a desirable, established neighbourhood. Its assessed value and living area consistently rank in the top quarter when compared to homes on its own street, in Island Lakes, and citywide. This suggests a property that has been maintained well and aligns with above-average community standards. A thoughtful perspective is that while the lot size (4,398 sqft) is smaller than many in Island Lakes, it translates to less yard maintenance without sacrificing the neighbourhood feel—a potential perk for busy professionals or empty-nesters. The data indicates this home would best suit buyers looking for a move-in ready, spacious family home in a mature suburb, who value modern amenities and a strong community ranking over a large private yard.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it consistently outperforms averages. For living space, it’s larger than 85% of Island Lakes homes and 88% of citywide homes. Its assessed value is also higher than 84% of local and 87% of citywide comparables, indicating a premium position.
2. Is the lot size a disadvantage?
It depends on your priorities. The lot is smaller than most in Island Lakes, which means less private outdoor space. However, it is close to the citywide average and would involve less upkeep. The neighbourhood’s many parks and green spaces can offset this for many buyers.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the home’s full functional living space and quality of updates.
4. What is the recent sales history for context?
Public records show a sale in May 2020 in the range of $465,000 to $495,000. For the exact sale price, you can request the information directly via the listing page.
5. Are there similar homes available now?
Based on assessed value, similar properties can be found in other mature neighbourhoods like Elmhurst and Varsity View. On Captains Way itself, nearby homes at 42, 50, 38, and 54 Captains Way offer direct street-level comparisons.
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