Property score
86.3
Excellent
Overall 86.3 · Larger but older than most nearby homes
1,942 sqft (top 16%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~148k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Below average
9 yrs older 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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86.3 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
46 Chenier Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 55 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 45% | Bottom 41% | Top 30% |
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 46 Chenier Bay in Winnipeg's Island Lakes neighbourhood presents a well-sized, established family property. Its key appeal lies in offering above-average living space in a mature, convenient community. With 1,942 sqft of living area, the home ranks in the top 15% for size on its street and top 12% city-wide, providing more room than many contemporary builds. It features an attached garage and a renovated basement, adding functional space. The assessed value of $480,000 is around average for the immediate area but places the property well above the city-wide median, indicating a solid investment in a desirable location.
The home suits buyers looking for established character and space over new construction. It’s ideal for a growing family who values larger interior rooms and a generous 5,800 sqft lot, without needing to move to the outer suburbs. The 1986 build date means it’s part of a mature streetscape with settled gardens and trees, appealing to those who prefer a neighbourhood with a lived-in feel. A thoughtful perspective is that while the home's age is below average for its street, this often translates to more substantial construction and larger room proportions compared to some newer homes. The renovated basement also adds immediate modern living space without the need for a major project.
Frequently Asked Questions
How does the home’s size compare to others?
At 1,942 sqft, the living area is notably larger than average. It ranks in the top 15% of homes on Chenier Bay and is in the top 12% city-wide, offering significantly more space than the Winnipeg average of about 1,342 sqft.
Is the assessed value in line with the neighbourhood?
Yes. The $480,000 assessment is around the middle of the pack for both Chenier Bay and the wider Island Lakes area, but it sits well above the city-wide average assessed value, reflecting the desirability of the location.
What does the 1986 build year mean for a buyer?
The home is part of the established core of Island Lakes. While newer than many Winnipeg homes overall, it is among the older homes on its street. This typically means mature landscaping and possibly more architectural character, but buyers should factor in the age of original major components like the roof and windows.
How usable is the lot?
The 5,802 sqft lot is very close to the average size for both the street and Island Lakes. It provides a generous backyard space for family activities, gardening, or entertaining, which is a key feature of this neighbourhood.
Can I find out the exact historical sale price?
The provided data shows a sold price range from May 2021. The listing service notes that exact sold prices are available upon direct request via email, which they provide manually without using your contact for unsolicited marketing.
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