Property score
83.1
Excellent
Overall 83.1 · Older than most nearby homes
1,643 sqft (top 48%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~148k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
0% 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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83.1 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: #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
50 Chenier Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 486 m), 3 parks (nearest 69 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 36% | Bottom 48% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 50 Chenier Bay, Island Lakes, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home in Island Lakes is a solid, established property that offers a comfortable and practical living space. With 1,643 sqft of living area and a renovated basement, it provides functional room for a family. The attached garage and a well-sized 5,802 sqft lot are standard, desirable features for the neighbourhood. Built in 1986, the home is older than many in Island Lakes but is newer than the typical Winnipeg house, suggesting a balance of mature landscaping and potentially more modern systems than much of the city's housing stock.
Its primary appeal lies in its position as a reliable, middle-of-the-road option within a popular neighbourhood. The data shows it consistently ranks around the average for its immediate street and Island Lakes in terms of size, value, and land, while actually standing above the city-wide average in living space and assessed value. This indicates you're getting a home that is objectively above-par for Winnipeg, situated in a community where it fits right in. It would suit pragmatic buyers—perhaps growing families or downsizers seeking single-level living in the renovated basement—who value neighbourhood amenities and a sense of community over a brand-new build. A thoughtful perspective is that a home which is "average" for a sought-after area like Island Lakes often represents a lower-risk, stable investment, as it aligns with the very standards that make the area desirable.
Frequently Asked Questions
1. How does this home truly compare to others in Island Lakes?
The home is very typical for Island Lakes. Its living area, assessed value, and lot size all rank almost precisely in the middle when compared to over 2,100 similar homes in the neighbourhood. It's a representative, not an outlier, property.
2. The home was built in 1986. Should I be concerned about major repairs?
While newer than the Winnipeg city average, it is among the older third of homes in Island Lakes. Buyers should prioritize a thorough inspection focusing on age-related components like the roof, windows, and major mechanical systems, which may be nearing or past their typical lifespans.
3. The sold price history shows a range. How can I get the exact figure?
The listed sale range is based on public data. The exact sold price from April 2021 is available by request via email from the site. They provide this manually and state they do not use requests for unsolicited marketing.
4. What does the "above average city-wide" ranking mean for me?
It highlights that for your budget, you are acquiring more house—both in size and official assessed value—than you would in most parts of Winnipeg. This underscores the value proposition of the Island Lakes area relative to the broader market.
5. Are the property taxes likely to be in line with the neighbourhood?
Given that its assessed value is very close to the neighbourhood average, you can reasonably expect the property taxes to be typical for an Island Lakes home of this size and type.
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