47 Cassin Crescent

Island Lakes, Winnipeg

79.8

Good

Overall 79.8

Compared with neighbourhood average

1,499 sqft (bottom 33%)

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

Living Area

Below average

8% 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)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

79.8 is composed by the two sections below.

Property Score

73.3Good
Living Area1,499 sqft75Good
Year Built198878Good
Lot Size5,915 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income91Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111212

Community deep dive

$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

Population, labour & age

Population (2021)428
Labour force participation rate77%
Median age40.4
Avg household size3.1
Unemployment rate13%
Population density3890 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households10%
Couple families with children50%
Median household income (2020)$122K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority27%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 74%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,499 sqft
0255075100
Same streetBottom 16%Same areaBottom 33%CitywideTop 31%
Same street · Cassin Crescent
#53 / 63
Bottom 16% · Avg 1,686 sqft
Same area · Island Lakes
#1,430 / 2,119
Bottom 33% · Avg 1,635 sqft
Citywide · Winnipeg
#59,437 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
480k
0255075100
Same streetTop 43%Same areaBottom 46%CitywideTop 23%
Same street · Cassin Crescent
#27 / 63
Top 43% · Avg 475.9k
Same area · Island Lakes
#1,136 / 2,119
Bottom 46% · Avg 494.7k
Citywide · Winnipeg
#44,996 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1988
0255075100
Same streetTop 41%Same areaBottom 32%CitywideTop 24%

Lot Size

around average
5,915 sqft
0255075100
Same streetBottom 43%Same areaTop 44%CitywideTop 35%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

47 Cassin Crescent — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 346 m).

Search radius
🌳Parks1

Crime & Safety

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%

Sales History

Sold 11/2024CA$500k–550k
Sold price

Same street

Top 5%

Same area

Top 18%

City-wide

Top 12%

Related homes

Highlights & common questions: 47 Cassin Crescent, Winnipeg

Property Summary: 47 Cassin Crescent, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1988, situated on a quiet crescent in the established Island Lakes neighbourhood. With 1,499 sqft of living space and a renovated basement, it offers practical, single-level living. The home includes an attached garage and sits on a standard, manageable lot of just under 6,000 sqft.

Its primary appeal lies in its balance and stability. The data shows it is consistently "around average" for its immediate street and neighbourhood in terms of size, lot, and assessed value, meaning it fits seamlessly into the area without extremes. A thoughtful perspective is its city-wide standing: compared to all Winnipeg homes, it ranks above average for assessed value and year built, suggesting it represents a relatively modern and solid investment within the broader market. The recently renovated basement adds immediate functional value.

This property would best suit buyers looking for a move-in ready home in a mature, family-friendly community without the premium price of a newer or significantly larger property. It's ideal for downsizers, first-time buyers, or small families who value single-level living, a low-maintenance yard, and the comfort of a home that aligns with neighbourhood norms.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It is very representative of Cassin Crescent. Its living area is slightly below the street average, but its assessed value and lot size are squarely in the middle range, indicating it's a typical offering for the crescent.

2. What is the neighbourhood like for amenities and schools?
Island Lakes is a long-established southeast Winnipeg community known for its parks, walking paths around retention lakes, and community centre. It offers convenient access to schools, shopping plazas, and major routes like Lagimodiere Boulevard.

3. Has the basement renovation been permitted?
This is a critical verification step for any buyer. While listed as "renovated," you should request documentation from the seller to confirm that all work was completed with the necessary city permits and inspections.

4. Why is the sold price history presented as a range?
The provided sold price range is estimated from public data. To obtain the exact historical sale price for this property, you must request it directly via the email system on this page, as per the note from the listing source.

5. What might be a less obvious consideration with a 1988 home?
While the home is above the city-wide average for age, core components like the roof, windows, and major mechanical systems (furnace, water heater) are likely at or beyond their typical lifespan. A thorough inspection is advised to budget for any upcoming updates, which is common for homes of this vintage.

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