Property score
78.7
Good
Overall 78.7 · Smaller but newer than most nearby homes
1,219 sqft (bottom 12%) · Built in 2003 (8 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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78.7 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: #46111205
$148K
Median household income
$155K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
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.
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
565 Island Shore Boulevard — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 364 m), 2 parks (nearest 276 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 24% | Bottom 7% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 565 Island Shore Boulevard, Island Lakes
Key Characteristics & Appeal
This well-situated one-storey home in Island Lakes offers a practical and comfortable living layout. With 1,219 sqft of living space, it sits around the average size for its immediate street and the wider city, providing a manageable footprint. Its standout feature is the generous 6,132 sqft lot, which is notably larger than most on Island Shore Boulevard and above the city average, offering excellent outdoor potential. Built in 2003, it is a newer construction compared to most homes in the neighborhood and significantly newer than the Winnipeg average, suggesting modern building standards and potentially lower immediate maintenance needs. The home has an attached garage and a basement that is present but not renovated, presenting a blank canvas for future expansion.
The appeal lies in this balance of a modern, single-level home on a sizable lot in an established neighborhood. It suits first-time buyers or downsizers looking for a low-maintenance, accessible layout without sacrificing yard space. It’s also a sensible fit for value-conscious buyers who appreciate a home that is newer than its peers, potentially reducing surprise repair costs, and who see the unfinished basement as an opportunity to add value according to their own taste and timeline.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is below the average for the Island Lakes neighborhood but around average for its specific street. This can indicate a potentially more accessible entry point into the area while still being in line with the immediate surroundings.
2. What is the significance of the lot size?
At over 6,000 sqft, the lot is a key asset. It is larger than most on the same block, providing more privacy, room for gardening, play areas, or future additions like a deck or shed, which is less common for homes of this vintage in this community.
3. The basement is noted as "not renovated." What does that mean?
This indicates the basement is unfinished or in its original state. While it offers storage and future living space potential, any development would be at the new owner's expense. It’s important to have it inspected for moisture and foundational integrity.
4. The home was last sold in 2016. Should I be concerned?
Not necessarily. A longer tenure by the previous owners can be a positive sign of a stable, well-maintained property and a desirable street. It’s more important to focus on the current condition of the home.
5. Is the living space sufficient for a growing family?
At just over 1,200 sqft on one level, the living space is efficient but not expansive. It would comfortably suit a small family, a couple, or someone downsizing. The large lot and unfinished basement provide clear avenues for future growth, but the main-floor footprint is fixed.
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