88.4
Excellent
Property score
88.4
Excellent
Overall 88.4
Larger than most nearby homes
2,054 sqft (top 10%)
Built in 1989 (6 yrs older than avg)
Located in a high-income area
with median household income of ~133k
Transit 74.0
4-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Below average
6 yrs older 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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88.4 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: #46111202
$133K
Median household income
$160K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
14%
Single-person households
38%
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
57 Surfside Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 324 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 23% | Top 4% | Top 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Top 43% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 57 Surfside Crescent in Winnipeg's Island Lakes neighbourhood presents a balanced, well-established family offering. Built in 1989, it features over 2,000 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in its above-average lot size of just over 7,000 sqft for the area, providing generous outdoor space, and its position as a solid, mid-range property within its immediate crescent and the wider community. The home suits buyers looking for a move-in-ready family home in a mature neighbourhood, who value space over a brand-new build, and who appreciate a property that performs reliably against local benchmarks without being an outlier in price or size.
Key Characteristics & Appeal
The home's key characteristics are its renovated basement, attached garage, and its generous proportions—both in living area and land area. Its appeal is grounded in being a "strong average" performer in a desirable area. While not the largest or newest on the street, it consistently ranks above average when compared to the broader Island Lakes area and city-wide, suggesting good value and stability. It would particularly suit:
A less obvious perspective is that this home represents a predictable investment within its micro-market. Its assessed value and past sale prices track steadily with area averages, suggesting it's less susceptible to volatile swings in value, which can appeal to cautious, long-term planners.
Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows it's a well-proportioned home for the area. Its living space is around average for Surfside Crescent but places in the top 10% for all of Island Lakes. Its lot size is notably larger, ranking in the top 20% on its street.
2. What does the sold price history indicate?
The home sold in 2022 and 2016. The 2022 sale price placed in the top 4% of the city-wide market at that time, indicating strong demand and a competitive sale, while the 2016 sale was more mid-range. This suggests the property has kept pace with or exceeded broader market appreciation.
3. Is the renovated basement a full suite?
The listing confirms the basement is renovated but does not specify if it is a legal suite with a separate entrance. This is a key detail to verify with the listing agent regarding its layout and compliance.
4. What are the property taxes likely to be?
The current assessed value is $52,500. Property taxes can be estimated by applying Winnipeg's current mill rate to this assessment, providing a good baseline for annual costs.
5. The home is 37 years old. What should I be mindful of?
While the basement has been updated, a home of this age may have original or nearing-end-of-life major components, such as the roof, windows, or HVAC system. A thorough inspection is recommended to budget for any upcoming maintenance typical of a late-80s build.
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