Property score
88.2
Excellent
Overall 88.2 · Larger than most nearby homes
2,057 sqft (top 10%) · Built in 1993 (2 yrs older than avg)
Located in a high-income area with median household income of ~133k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Above average
26% larger than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Near average
2 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
88.2 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46111202
$133K
Median household income
$160K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
14%
Single-person households
38%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
50 Gull Wing Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 271 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਟਾਪ 50% | ਟਾਪ 31% | ਟਾਪ 18% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 50 Gull Wing Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home in the established Island Lakes neighbourhood offers a practical and spacious family layout. With over 2,000 square feet of living space, it sits well above the average for both the local area and the wider city, providing ample room. The property includes an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion or customization. Built in 1993, it is a solidly-built home from a period known for reliable construction, situated on a standard-sized lot for the street.
Its primary appeal lies in its above-average interior space within a mature, sought-after community. The home suits buyers looking for a ready-to-live-in property with generous square footage, who may also value the potential to add their own touch to the basement over time. It represents a balanced option—not the newest on the block, but offering more house for the assessed value compared to many city-wide peers. A thoughtful perspective is that while the basement awaits finishing, this deferral can be an advantage for buyers who wish to tailor the space to their specific needs without first undoing someone else’s renovations.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 2,057 sqft, the living area is in the top 15% for Gull Wing Bay and the top 10% for both the Island Lakes neighbourhood and the entire city, indicating it is a notably spacious home for its assessed value.
2. What does the assessed value tell me?
The assessed value of $519,000 is around the average for its immediate street but places in the top 29% for Island Lakes and the top 17% city-wide. This suggests the property holds stronger value relative to a broad market comparison than it does just on its own block.
3. Is the basement finished?
No, the basement is not renovated. This presents both a cost consideration and an opportunity for future customization to suit the next owner’s needs.
4. How old is the property, and what does that mean?
The home was built in 1993 (33 years ago). While this is slightly older than the average on its street, it is typical for the Island Lakes area. Homes from this era often feature well-understood construction materials and layouts, with major components possibly nearing their service life but not necessarily as dated as much older inventory.
5. Where can I find the exact historical sale price?
The listing notes that exact sold price history is available by request. You can provide your email to the listing service to receive the accurate figure manually, as the public data only shows a price range for past sales.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
