51 Marcoux Place

Island Lakes, Winnipeg

Property score

78.3

Good

Overall 78.3 · Smaller and older than most nearby homes

1,460 sqft (bottom 27%) · Built in 1986 (9 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 71%French · 5%

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

78.3 is composed by the two sections below.

Property Score

74.4Good
Living Area1,460 sqft75Good
Year Built198678Good
Lot Size6,144 sqft81Excellent
Neighbourhood Sales Activity32Low

Community Score

84.2Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110514

Community deep dive

$106K

Median household income

$129K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

18%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)947
Labour force participation rate60%
Median age47.6
Avg household size2.5
Unemployment rate9%
Population density2309 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children31%
Median household income (2020)$106K

Housing

Renter households20%
Condominium dwellings10%
Median dwelling value (owners)$420K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority16%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 71%
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

around average
1,460 sqft
0255075100
Same streetBottom 7%Same areaBottom 27%CitywideTop 33%
Same street · Marcoux Place
#13 / 14
Bottom 7% · Avg 1,706 sqft
Same area · Island Lakes
#1,542 / 2,119
Bottom 27% · Avg 1,635 sqft
Citywide · Winnipeg
#63,674 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
483k
0255075100
Same streetTop 21%Same areaBottom 49%CitywideTop 23%
Same street · Marcoux Place
#3 / 14
Top 21% · Avg 466.7k
Same area · Island Lakes
#1,089 / 2,119
Bottom 49% · Avg 494.7k
Citywide · Winnipeg
#43,978 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
1986
0255075100
Same streetTop 29%Same areaBottom 17%CitywideTop 27%

Lot Size

above average
6,144 sqft
0255075100
Same streetBottom 21%Same areaTop 37%CitywideTop 28%

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

51 Marcoux Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 297 m).

Search radius
🌳Parks3

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 10/2019CA$350k–400k
Sold price

Same street

Bottom 20%

Same area

Bottom 30%

City-wide

Top 34%

Related homes

Highlights & common questions: 51 Marcoux Place, Winnipeg

Property Overview: 51 Marcoux Place, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1986, featuring a renovated basement and an attached garage. With 1,460 sqft of living space on a 6,144 sqft lot, it offers a practical layout for comfortable living. The home’s primary appeal lies in its solid value proposition and established neighborhood setting. While its living space is modest compared to other homes on its street, its assessed value is notably strong, ranking in the top quarter of homes city-wide. This suggests a property that is well-kept and likely updated, offering more intrinsic value than its size alone might indicate.

It would suit buyers looking for a move-in ready, single-level living option in a mature, family-friendly community like Island Lakes. It’s particularly suited for first-time buyers, downsizers, or investors seeking a property with a proven value history and a renovated basement for extra flexibility. A thoughtful perspective is that this home represents a "value anchor" on its block—it may not be the largest, but its above-average assessment for the street hints at quality improvements and a stable investment in a well-regarded area.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others in the area?
The living area is below the average for both Marcoux Place and the broader Island Lakes neighborhood. However, it is very close to the average size for a home across the entire city of Winnipeg, making it a typically sized property in a wider context.

2. What does the assessed value tell me about this property?
The assessed value is strong. It ranks above average both on its specific street and city-wide. This often indicates that the property condition, improvements (like the renovated basement), and location are viewed favorably compared to many other homes.

3. Is the lot size a drawback?
The lot is smaller than most on Marcoux Place but is near the average for Island Lakes and is actually above average compared to lots across Winnipeg. It provides a manageable yard space without excessive maintenance.

4. The home was last sold in 2019. What can that price history indicate?
The sold price from late 2019 provides a historical benchmark. Given that the current assessed value is significantly higher, it reflects the general market appreciation over the past several years and the impact of any renovations completed since that sale.

5. Who would this property not be ideal for?
Buyers seeking a very large home or the largest lot on the street may find it limiting. Similarly, those preferring brand-new builds or ultra-modern layouts might prefer a newer subdivision, as this home is part of an established, 40-year-old community.

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