51 Mckall Bay

Island Lakes, Winnipeg

Property score

72.9

Good

Overall 72.9 · Smaller than most nearby homes

1,146 sqft (bottom 8%) · Built in 1994 (1 yr older than avg)

Located in a high-income area with median household income of ~141k

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 8 dining spots, 1 healthcare facility, 1 shop, and 1 park nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 64%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

Need help understanding this property?

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

Property score

72.9 is composed by the two sections below.

Property Score

61.8Fair
Living Area1,146 sqft60Fair
Year Built199481Excellent
Lot Size4,405 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111206

Community deep dive

$141K

Median household income

$153K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

7%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
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
1,146 sqft
0255075100
Same streetBottom 8%Same areaBottom 8%CitywideBottom 44%
Same street · Mckall Bay
#35 / 38
Bottom 8% · Avg 1,372 sqft
Same area · Island Lakes
#1,948 / 2,119
Bottom 8% · Avg 1,635 sqft
Citywide · Winnipeg
#108,062 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
441k
0255075100
Same streetBottom 29%Same areaBottom 19%CitywideTop 30%
Same street · Mckall Bay
#27 / 38
Bottom 29% · Avg 452.1k
Same area · Island Lakes
#1,715 / 2,119
Bottom 19% · Avg 494.7k
Citywide · Winnipeg
#58,191 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 16%Same areaTop 49%CitywideTop 20%

Lot Size

around average
4,405 sqft
0255075100
Same streetBottom 11%Same areaBottom 10%CitywideBottom 33%

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 Mckall Bay — 16 amenities found within 500 m, across 8 categories, including 8 dining (nearest 205 m), 1 healthcare (nearest 364 m), 1 shopping (nearest 272 m).

Search radius
🍽️Dining8
🏥Healthcare1
🛒Shopping1
🌳Parks1
💪Sports1
🏦Finance2
Fuel Stations1
🏛️Government1

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 8/2019CA$350k–400k
Sold price

Same street

Bottom 33%

Same area

Bottom 22%

City-wide

Top 38%

Related homes

Highlights & common questions: 51 Mckall Bay, Winnipeg

Property Summary: 51 Mckall Bay, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1994, featuring an attached garage and a renovated basement. With 1,146 sqft of living space, it is a compact and efficient layout, sitting on a 4,405 sqft lot. Its assessed value is notably strong compared to the wider Winnipeg market.

The primary appeal lies in its balance of updates and location within the established Island Lakes neighbourhood. The renovated basement adds functional living space, while the one-storey design offers accessibility. The home presents a value-oriented entry point into a desirable area, as it sits below the neighbourhood averages for both living area and lot size, which is often reflected in a more accessible price point. It would suit first-time buyers seeking a move-in-ready home in a mature community, downsizers looking for a manageable single-level layout, or pragmatic investors attracted by its solid citywide value ranking and rental demand in the area.

A less obvious perspective is its "right-sized" potential. While smaller than many neighbouring homes, its efficient footprint can mean lower utility costs and less maintenance, appealing to those seeking simplicity without sacrificing location. Its above-average year-built ranking on its street also suggests it is among the newer homes in its immediate section, potentially indicating newer core components.

Section 2: Frequently Asked Questions

1. Is the lot size a significant drawback?
While the lot is below the average for both Mckall Bay and Island Lakes, it is near the citywide average. This translates to less yard maintenance, which can be a positive for many buyers. The property still provides standard outdoor space for a patio or garden.

2. What does the "above average" citywide assessed value ranking mean?
This indicates that, compared to all Winnipeg homes, this property's official assessed value is in the top 30%. This strong foundational value can be a positive signal for long-term equity, though the final sale price is determined by the market.

3. The home sold in 2019. What can that price tell me?
The sold price range from 2019 ($36.5k - $39.5k) provides a historical benchmark. Market conditions have changed since then, so it's essential to research recent sales of comparable properties to understand current value.

4. Who would this home not suit?
Buyers prioritizing expansive living areas, large lot sizes, or a brand-new build may find it limiting. It's best for those who value location and efficiency over maximum square footage.

5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information directly via email from the service, which provides the data manually without marketing spam.

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.