82.7
Excellent
Property score
82.7
Excellent
Overall 82.7
Compared with neighbourhood average
1,656 sqft (top 46%)
Built in 1989 (6 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: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 7%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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82.7 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: #46111212
$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
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
51 Cassin Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 332 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 | Bottom 5% | Bottom 9% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This single-storey home at 51 Cassin Crescent in Winnipeg's Island Lakes neighbourhood presents a solid, well-sized family home built in 1989. Its key appeal lies in offering above-average living space for the city within a mature, established community. The 1,656 sqft home sits on a standard 5,916 sqft lot and features an attached garage and a basement (not renovated). Its assessed value is notably above the Winnipeg average but sits below average for its own street, suggesting it may represent relative value within this specific location.
The home would best suit buyers looking for a move-in ready, spacious bungalow in a quiet crescent, ideal for families or those seeking single-level living. Its metrics indicate it's not the largest or newest on the block, but it offers a comfortable footprint that outperforms most of the city's housing stock for size and age. A buyer here is likely prioritizing functional space and a stable neighbourhood over a premium, top-tier lot position or a recently built property.
Frequently Asked Questions
1. How does this home's value compare to its neighbours?
The assessed value is below the average for Cassin Crescent itself, though it is around average for the wider Island Lakes area. This could indicate a potential value opportunity on this specific street, or reflect differences in lot specifics or updates.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is likely an unfinished space awaiting customization. This offers a blank canvas for future expansion but does not add immediate livable square footage.
3. What does the "above average citywide" ranking for size and age mean?
While the home is around average for its immediate area, its living space is larger than about 77% of Winnipeg homes, and it is newer than about 77% of city properties. This highlights the appeal of Island Lakes as a neighbourhood of relatively newer, more spacious homes compared to the city's overall housing mix.
4. How recent are the comparable sales data?
The most recent specific sold price shown for this property is from January 2020. For current market context, it's essential to view recent sales of similar homes on the same street and in Island Lakes, which are listed in the nearby properties section.
5. What are the possible drawbacks of a home built in 1989?
While newer than the city median, a 37-year-old home will likely have had several key components (like roof, windows, furnace, and major appliances) replaced or nearing the end of their service life. A thorough inspection is advised to understand the condition and timing of these updates.
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