Property score
75.3
Good
Overall 75.3 · Smaller than most nearby homes
1,252 sqft (bottom 15%) · Built in 1988 (7 yrs older than avg)
Located in a high-income area with median household income of ~122k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
23% smaller than neighborhood avg.
Taon ng Paggawa
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 7%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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75.3 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 na bahay (hindi 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: #46111212
$122K
Median household income
$146K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
10%
Single-person households
50%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
54 Quayside Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 453 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 29% | Bottom 5% | Bottom 49% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 54 Quayside Cove, Island Lakes
Key Characteristics & Appeal
This two-storey home in Island Lakes is a practical and well-positioned property. Built in 1988, it features 1,252 sqft of living space and an attached garage, sitting on a 4,965 sqft lot. The basement has been renovated, adding modern utility. Its assessed value places it solidly in the mid-range for its immediate street and the wider city, suggesting it is a fairly priced entry into a mature, established neighbourhood.
The primary appeal lies in its balance and location. The home is not the largest or newest on the street, but it holds its own with recent updates and offers a manageable size for efficient living. It suits first-time buyers or downsizers looking for a low-maintenance property in a convenient South Winnipeg community, without the premium price of a newer or maximized lot. A thoughtful perspective is that its "average" metrics across the board can be a strength—it represents a stable, known quantity in the market, insulated from the extremes of over-improvement or under-investment. The renovated basement adds immediate functional space without the need for a major project.
Frequently Asked Questions
1. How does this home compare to others on Quayside Cove?
It is consistently around the average for the street in terms of living space, assessed value, and age. Its lot size is slightly below the street's average.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes. While it places the home in a mid-range bracket both locally and city-wide, the final sale price will be determined by current market conditions, the home's specific condition, and buyer demand.
3. What is the significance of the renovated basement?
This indicates the lower level is finished as living space, which adds usable square footage. It’s a key update that means buyers likely won't face an immediate renovation project for that area.
4. The home is described as "below average" for Island Lakes in size and value. Is that a concern?
Island Lakes is a large, diverse neighbourhood. This positioning simply means the property is more modest and affordable compared to many larger homes in the area, which can be an advantage for buyers seeking value and community amenities without the highest price point.
5. How can I find out the exact historical sale prices?
Exact sold prices are not publicly displayed in detail here. You can request the precise history by emailing the listing source, which provides the data manually without marketing spam.
