Property score
87.6
Excellent
Overall 87.6 · Larger and newer than most nearby homes
1,846 sqft (top 26%) · Built in 2003 (8 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
8 yrs newer 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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87.6 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 Dockside Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 425 m), 2 parks (nearest 130 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 18% | Top 5% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 46 Dockside Way, Island Lakes, Winnipeg
Key Characteristics & Appeal
This 1,846 sqft home, built in 2003, is a well-established property in the Island Lakes neighbourhood. Its key appeal lies in its strong positional value. While the home itself is broadly average for its immediate street in terms of size, land (7,162 sqft), and assessed value, it stands out significantly within the wider community. Its assessed value ranks in the top 5% for Island Lakes, indicating it is considered a premium property within this desirable area. The home features a renovated basement and an attached garage.
The property would suit buyers looking for a solid, modern-era home in a mature neighbourhood without the premium of a brand-new build. It’s particularly suited for those who value above-average lot size and living space compared to the Winnipeg city-wide average, and who understand the value of an asset that holds an "elite" assessment tier within its local market—a sign of enduring appeal and potential stability. A thoughtful perspective is that this home offers the benefits of a 2003 construction (modern standards, less immediate need for major system updates) while being part of a well-integrated, landscaped community that newer subdivisions often lack.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in January 2024 for a price range between $595,000 and $625,000, which is consistent with its current assessed value of $622,000. This suggests the assessment is closely aligned with very recent market activity.
2. Is the living space considered large for the area?
At 1,846 sqft, the living area is slightly above the average for Island Lakes and notably above the Winnipeg city-wide average. On its own street, Dockside Way, it is around the typical size, indicating the home is in good company among other substantial properties.
3. What does the "elite" assessed value ranking mean for Island Lakes?
Ranking in the top 5% for assessed value in Island Lakes means this property is officially valued higher than 95% of comparable homes in the neighbourhood. This often reflects a combination of lot attributes, home size, condition, and its specific location within the community.
4. How does the year built compare to nearby homes?
Built in 2003, this home is newer than most on its street (ranking in the top 8%) and in the wider Island Lakes area. This is a practical advantage, as major components like the roof, windows, and mechanical systems are likely more recent than those in many neighbouring homes.
5. What is the neighbourhood context of Dockside Way?
The provided data shows that homes on Dockside Way tend to be larger, on larger lots, and have higher assessed values than the broader Island Lakes and city averages. This suggests it is a quiet, established street within the neighbourhood that consistently features above-average properties.
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