Property score
75.4
Good
Overall 75.4 · Smaller than most nearby homes
1,143 sqft (bottom 8%) · Built in 1992 (3 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 74.0 · 3-min walk to transit with 2 nearby routes
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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75.4 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: #46111206
$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
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
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 | Top 33% | Bottom 37% | Top 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 48% | Bottom 12% | Top 44% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Quayside Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This single-storey home at 51 Quayside Cove is a notably well-situated property within its immediate neighbourhood. Built in 1992, it is the newest home on Quayside Cove, offering modern construction relative to its direct peers. With 1,143 sqft of living space and a renovated basement, it provides functional, single-level living. The lot is a generous 6,067 sqft, providing ample outdoor space that is above average citywide.
The primary appeal lies in its strong positioning within a established, desirable area like Island Lakes. Its assessed value ranks highly on its own street, suggesting it is perceived as a premium property in that specific locale. This creates an interesting value proposition: a home that stands out on its cul-de-sac or crescent, while being priced accessibly within the broader Winnipeg market. It would suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighbourhood with a large yard. The renovated basement adds flexible space for a growing family, a home office, or guests.
A less obvious perspective is that this home represents a "street-level standout." Buyers aren't just purchasing into Island Lakes, but into one of the best-maintained and most recently built homes on this specific water-access street. The historical sale data indicates steady value appreciation, pointing to its enduring desirability.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
Its assessed value is in the top quarter (Top 24%) of all homes on Quayside Cove, meaning it is officially valued higher than most direct neighbours, though it sits below the average for the wider Island Lakes area.
2. Is the living space smaller than average?
Yes, the living area is below the average for Island Lakes. However, it is very close to the average size for homes on Quayside Cove itself and for Winnipeg citywide, making it a typically-sized home in a broader context.
3. What does the "newest home on the street" ranking mean?
With a build year of 1992, this home ranks #1 out of 41 properties on Quayside Cove for being the most recently built. This often implies newer major systems (like plumbing, electrical, or roofing) compared to older neighbouring homes.
4. What is included in the "renovated basement"?
The listing confirms a renovated basement exists, but the specific scope, quality, and permits for this renovation are not detailed here. This would be a key point for buyer due diligence and inspection.
5. Where can I find the exact historical sold prices?
The exact sold prices are not publicly displayed. The site provides estimated sale ranges and offers to send the precise figures directly via email upon request, at no cost and with no marketing spam.
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