Property score
86.7
Excellent
Overall 86.7 · Larger and newer than most nearby homes
2,043 sqft (top 10%) · Built in 2022 (27 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: 1 park nearby
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Above average
27 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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86.7 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
55 Scholberg Lane — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 344 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 27% | Top 42% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Scholberg Lane, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2022, offers modern living in the established Island Lakes neighbourhood. Its primary appeal lies in its above-average size and contemporary condition. With 2,043 sqft of living space, it ranks in the top 10% for size both on its street and city-wide, providing more room than most comparable homes. The attached garage and full (though unrenovated) basement add practical space for storage or future customization.
The home’s standout characteristic is its newness—it’s one of the newest homes in the entire area, ranking in the top 1% for year built in Island Lakes. This means buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance. The assessed value is also strong, placing in the top 14-18% of its local market.
A less obvious perspective is the trade-off: the lot size is notably smaller than area averages. This could appeal to buyers who prefer less yard maintenance but may not suit those seeking extensive outdoor space. The property is ideal for professionals or growing families looking for a move-in ready, spacious, and modern home in a mature suburb, without the wait and uncertainty of a new build. It suits buyers who value interior square footage and contemporary features over a large yard.
Section 2: Frequently Asked Questions
1. Is the home in truly move-in ready condition?
Given its 2022 build date, the major systems (roof, HVAC, windows) are virtually new and under likely warranty. The basement is unfinished, offering a blank canvas but requiring investment to become living space.
2. How does the lot size impact the property?
At 3,735 sqft, the lot is compact for the area. This means lower maintenance but also limits expansive backyard possibilities. The focus here is squarely on the interior living space.
3. What does the "top percentile" ranking for assessed value indicate?
It suggests the municipal assessment is higher than most peers, which generally reflects desirable attributes but also means property taxes will be based on this above-average valuation.
4. Are there any apparent drawbacks from the data?
The main compromise is the lot size, which is the smallest on the street. Natural light and privacy in the yard could be considerations given the close proximity to neighbouring homes.
5. Who would this home not suit?
It may not be the best fit for buyers who prioritize large gardens, extensive outdoor entertaining space, or those looking for a home with established, mature landscaping. The unfinished basement also requires a buyer willing to either finish it themselves or accept the unused space as-is.
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