51 Nordstrom Drive

Island Lakes, Winnipeg

Property score

82.1

Excellent

Overall 82.1 · Newer than most nearby homes

1,598 sqft (bottom 45%) · Built in 2007 (12 yrs newer than avg)

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

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

12 yrs newer 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

82.1 is composed by the two sections below.

Property Score

77.1Good
Living Area1,598 sqft79Good
Year Built200790Excellent
Lot Size5,131 sqft67Good
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

above average
1,598 sqft
0255075100
Same streetBottom 35%Same areaBottom 45%CitywideTop 26%
Same street · Nordstrom Drive
#47 / 72
Bottom 35% · Avg 1,741 sqft
Same area · Island Lakes
#1,164 / 2,119
Bottom 45% · Avg 1,635 sqft
Citywide · Winnipeg
#49,601 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
481k
0255075100
Same streetBottom 21%Same areaBottom 47%CitywideTop 23%
Same street · Nordstrom Drive
#57 / 72
Bottom 21% · Avg 519.8k
Same area · Island Lakes
#1,119 / 2,119
Bottom 47% · Avg 494.7k
Citywide · Winnipeg
#44,683 / 194,458
Top 23% · Avg 390.1k

Year Built

Elite
2007
0255075100
Same streetTop 29%Same areaTop 2%CitywideTop 13%

Lot Size

around average
5,131 sqft
0255075100
Same streetBottom 28%Same areaBottom 34%CitywideBottom 49%

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 Nordstrom Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 391 m).

Search radius
🌳Parks2

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 10/2020CA$400k–450k
Sold price

Same street

Bottom 29%

Same area

Top 50%

City-wide

Top 25%

Related homes

Highlights & common questions: 51 Nordstrom Drive, Winnipeg

Property Overview: 51 Nordstrom Drive, Island Lakes, Winnipeg

Key Characteristics & Appeal

This two-storey home in Island Lakes is a study in balanced, practical living. Built in 2007, it’s a notably newer property within its established neighbourhood, offering modern construction without the premium of a brand-new build. With 1,598 sqft of living space and a renovated basement, the home provides comfortable room for a family. Its assessed value sits in an interesting position: it's above the Winnipeg city average, yet is one of the more accessible entry points on Nordstrom Drive itself. This suggests a value proposition for the area—you're investing in a desirable community, but within that community, this property represents a relative value.

The appeal lies in this combination of a well-maintained, modern home in a mature neighbourhood with amenities, paired with a lot size (just over 5,000 sqft) that offers manageable outdoor space without excessive upkeep. The attached garage and renovated basement add functional, everyday convenience.

This home would suit first-time buyers or growing families looking to step into the Island Lakes community, who prioritize a move-in-ready condition and a newer build over having the largest lot or home on the block. It’s also a sensible fit for value-conscious buyers who want the neighbourhood lifestyle but are mindful of budget, appreciating that the investment here is more in the structure and location than in expansive land.


Frequently Asked Questions

1. How does this home’s size compare to others?
While the living area is slightly below the average for Nordstrom Drive, it is above the average for Winnipeg as a whole. It offers ample space for a typical family, with the renovated basement effectively adding usable square footage.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value is a starting point for municipal tax calculation, not a market valuation. This home’s assessment is above the city average but below the street average, indicating it may be priced competitively within its immediate area. A current market analysis is essential for pricing strategy.

3. What does the 2007 build year mean for a buyer?
A 2007 build is a significant advantage. Homes of this age are past the initial settling period of brand-new constructions, yet major components like the roof, windows, and HVAC are likely still within their functional lifespan, potentially deferring major replacement costs for several years.

4. What are the implications of the lot size?
At 5,131 sqft, the lot is manageable rather than expansive. This is ideal for buyers who want a private yard but wish to minimize weekend yard work. It may be less suited for those dreaming of extensive landscaping, large additions, or installing a pool.

5. How can I find out the exact historical sale prices?
The provided sold price ranges are estimates from public data. For precise sale history to inform your offer, you can request the exact figures directly via the email link provided on the listing page. This service is provided without obligation.

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.