Property score
83.9
Excellent
Overall 83.9 · Newer than most nearby homes
1,701 sqft (top 43%) · Built in 2021 (26 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Above average
26 yrs newer 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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83.9 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
51 Scholberg Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 346 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 47% | Bottom 47% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Scholberg Lane, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, offers modern living with a renovated basement and an attached garage. Its primary appeal lies in its balance of being a newer, low-maintenance property within a well-established neighbourhood. With 1,701 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a growing family or those seeking space for a home office or hobbies.
The home’s assessed value ranks in the top tiers for its street, neighbourhood, and city-wide, suggesting a solid investment in a desirable area. A thoughtful perspective is that while the lot size is more compact compared to others in Island Lakes, this often translates to less yard upkeep—a significant appeal for busy professionals or those looking to maximize indoor living space over outdoor maintenance. The property is ideally suited for first-time move-up buyers seeking a modern home without the wait of a new build, or for downsizers who want a newer, single-family home with a manageable footprint but without sacrificing modern comforts and finishes.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than many lots in Island Lakes, the home itself is generously sized. This configuration prioritizes living space over yard work, which can be a benefit for those seeking a low-maintenance lifestyle.
2. What does the "above average" assessed value indicate?
The assessment ranks in the top 17-18% for the immediate area, reflecting the value placed on the home's newer age, renovations, and overall condition compared to peers. It's a strong indicator of the property's standing in the local market.
3. Who might this home not be ideal for?
It may not suit buyers seeking a very large backyard, those who prefer a character home from an earlier era, or buyers needing maximum square footage within the Island Lakes neighbourhood itself, where this home's size is closer to the area average.
4. What are the advantages of a 2021 build?
A home of this age typically means modern building codes, newer major systems (like HVAC and plumbing), and contemporary floor plans. It also likely comes with several years of remaining warranty coverage on major components.
5. How does it compare to the nearby reference properties?
Compared to the listed similar sold properties, this home offers more living space and a higher assessed value, suggesting it is a larger and/or more updated offering within this newer subsection of the neighbourhood.
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