47 Langton Drive

Island Lakes, Winnipeg

Property score

84.1

Excellent

Overall 84.1 · Compared with neighbourhood average

1,524 sqft (bottom 37%) · Built in 1995

Located in a high-income area with median household income of ~148k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 2 parks, 1 bank/ATM, and 1 fuel station nearby

Living Area

Below average

7% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 70%French · 6%

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

84.1 is composed by the two sections below.

Property Score

79.8Good
Living Area79
1,524 sqftGood
Year Built81
1995Excellent
Lot Size97
10,838 sqftExcellent
Neighbourhood Sales Activity32
Low

Community Score

90.5Excellent
Household Income93
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46111205

Community deep dive

$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

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
1,524 sqft
0255075100
Same streetTop 36%Same areaBottom 37%CitywideTop 29%
Same street · Langton Drive
#13 / 36
Top 36% · Avg 1,433 sqft
Same area · Island Lakes
#1,338 / 2,119
Bottom 37% · Avg 1,635 sqft
Citywide · Winnipeg
#56,512 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
482k
0255075100
Same streetTop 25%Same areaBottom 48%CitywideTop 23%
Same street · Langton Drive
#9 / 36
Top 25% · Avg 461.1k
Same area · Island Lakes
#1,107 / 2,119
Bottom 48% · Avg 494.7k
Citywide · Winnipeg
#44,347 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1995
0255075100
Same streetTop 42%Same areaTop 46%CitywideTop 20%

Lot Size

Elite
10,838 sqft
0255075100
Same streetTop 3%Same areaTop 5%CitywideTop 5%

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 Langton Drive — 6 amenities found within 500 m, across 4 categories, including 2 dining (nearest 447 m), 2 parks (nearest 317 m).

Search radius
🍽️Dining2
🌳Parks2
🏦Finance1
Fuel Stations1

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 8/2022CA$450k–500k
Sold price

Same street

Top 18%

Same area

Top 29%

City-wide

Top 17%

Related homes

Highlights & common questions: 47 Langton Drive, Winnipeg

Property Overview: 47 Langton Drive, Island Lakes

Section 1: Key Characteristics & Appeal

This well-situated 1995 bungalow in Island Lakes offers a compelling blend of space and location. Its key characteristic is an exceptionally large lot—over 10,800 sqft—which ranks in the top 5% for the neighbourhood and city. This provides rare potential for expansion, gardening, or private outdoor living in a mature community. The home itself, with 1,524 sqft of living space, is above the citywide average and sits on par with others in the immediate area.

The appeal lies in this land value and the established, family-friendly Island Lakes neighbourhood. The home presents a solid foundation; the basement exists but is not renovated, offering a blank canvas for future development. Its assessed value is consistently above average across street, neighbourhood, and city comparisons, indicating a strong underlying value proposition.

This property would best suit a buyer who prioritizes land size over a move-in-ready finish. It’s ideal for someone with a vision to renovate or extend over time, or for families seeking a large, secure backyard. It also represents a strategic entry into a desirable area where the land itself is a significant and appreciating asset.

Section 2: Frequently Asked Questions

1. What does "basement yes, not renovated" mean?
It confirms the home has a basement, but it is in an unfinished or original state. Any development would be up to the new owner, which should be factored into renovation plans and budgets.

2. How does the lot size compare to others?
It is a standout feature. At 10,838 sqft, the lot is more than double the average size on Langton Drive and significantly larger than most in Island Lakes and Winnipeg, offering uncommon space and privacy.

3. The sold price history shows a range. What was the exact price?
For precise sold price data, you can request it via email on the listing page. The service is provided manually to ensure accuracy, with a commitment to respond promptly and without unsolicited marketing.

4. Is the home’s condition reflected in the assessed value?
The assessed value is strong relative to peers, suggesting the property’s value is anchored by its location and lot size. However, assessment doesn’t detail interior condition, so a viewing and inspection are essential to understand any needed updates.

5. What is the neighbourhood like for families?
Island Lakes is a mature, established community with parks, waterways, and amenities. The property’s location on a quiet drive, near other similar homes, aligns with a classic suburban family setting.