Property score
85.0
Excellent
Overall 85.0 · Larger and newer than most nearby homes
1,845 sqft (top 26%) · Built in 2002 (7 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 3 parks nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
7 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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85.0 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
568 Island Shore Boulevard — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 403 m), 3 parks (nearest 286 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 3% | Top 13% | Top 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 24% | Top 47% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 568 Island Shore Boulevard, Island Lakes
Section 1: Key Characteristics & Appeal
This two-storey home on Island Shore Boulevard is a standout property within its immediate neighborhood. Built in 2002, it offers modern construction while being established in the sought-after Island Lakes community. Its primary appeal lies in its above-average size and value. With 1,845 sqft of living space, it ranks in the top 5% of homes on its street and top 26% within Island Lakes for square footage, offering more room than most comparable properties. This is complemented by a renovated basement, adding functional living area.
The home’s assessed value is notably high, placing it in the top 3% on its street and top 20% in the area, suggesting premium finishes, updates, or a desirable lot placement. The lot itself, at 4,828 sqft, is typical for the street but slightly smaller than the Island Lakes average, indicating a low-maintenance yard that prioritizes the home's footprint.
This property would ideally suit buyers looking for a move-in ready, spacious family home in a mature neighborhood without the upkeep of an older build. It appeals to those who value space and modern amenities over a very large yard, and to investors or astute buyers who recognize the value of a home that consistently performs above market averages in its category.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home last sold in August 2024 for an estimated $545,000-$575,000, which was in the top 3% of sale prices for the street at that time. This indicates strong market recognition of its premium characteristics.
2. Is the lot size a disadvantage?
While the lot is slightly below the average size for Island Lakes, it is very typical for Island Shore Boulevard itself. This often translates to less yard maintenance while still providing private outdoor space, which can be a perk for busy families.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. This would be a key point for a viewing or inquiry to understand the finish quality, legal compliance, and added functionality (e.g., extra bedroom, recreational space).
4. The assessed value seems high. What does that mean?
A high assessed value relative to neighbors often reflects significant improvements, premium materials, or a desirable property condition recognized by the assessor. It’s a strong data point that the home is a top-tier offering in its locale, though market price is ultimately determined by current buyer demand.
5. How does the age of the home (2002) factor in?
A 24-year-old home is in a sweet spot: major systems like roof, windows, and furnace are potentially nearing or have recently undergone replacement, offering clarity for future planning. The construction is modern but has had time for any initial settling or issues to be addressed, providing a known quantity compared to a brand-new build.
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