Property score
85.8
Excellent
Overall 85.8 · Larger and newer than most nearby homes
2,114 sqft (top 7%) · Built in 2005 (10 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 42.0 · 10-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Above average
10 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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85.8 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
54 Captains Way — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 254 m), 3 parks (nearest 301 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 | Top 15% | Top 6% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 54 Captains Way, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Island Lakes offers a well-maintained, above-average living space in a mature and established neighbourhood. Built in 2005, the home features a renovated basement and an attached garage. Its primary appeal lies in its generous 2,114 sqft of living area, which ranks well above average for its street, neighbourhood, and the wider city. This suggests a home that provides ample room for daily life without being oversized. The assessed value is also consistently above average across all comparison levels, indicating a property that has held its worth relative to its peers.
The home is best suited for buyers seeking a move-in ready, spacious family home in a quiet suburban setting. It’s ideal for those who prioritize interior space over a large yard, as the lot size is more compact compared to others in Island Lakes. This could be a practical trade-off for buyers wanting less exterior maintenance. The recent basement renovation adds immediate value and functional living space. Given its strong rankings for size and value within a sought-after neighbourhood like Island Lakes, this property represents a solid, above-median option for prudent buyers looking for a established community with a track record of stability.
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, it is closer to the city-wide average. This typically means less yard maintenance, which can be a benefit for some lifestyles, but may be a consideration for those wanting extensive outdoor space for gardening or recreation.
2. What do the ranking badges (gold, blue, gray) mean?
These badges provide a quick visual snapshot of how this home compares to others. For key metrics like Living Area and Assessed Value, this property consistently earns blue badges, meaning it performs in the top 5-30% of comparable homes, confirming its above-average standing.
3. The sold price history shows a range. Why isn't the exact price listed?
Exact sale prices are not always publicly available in Manitoba. The provided range is based on publicly accessible data. You can request the precise historical sold price via email from the site, which they provide manually as a verified service.
4. The home was last sold in 2021. What does that indicate?
A sale four years ago suggests the current owners have not been there for an exceptionally long or short time. It provides a relatively recent market valuation point, which is useful for understanding current value trends in the area.
5. What is the significance of the "Similar Assessed Value" properties listed?
These are homes across Winnipeg with the same municipal assessed value. They are not necessarily similar in style or location but show what price point this home is grouped with by the city assessor, which can be useful for broad value comparisons.
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