576 Island Shore Boulevard

Island Lakes, Winnipeg

Property score

76.8

Good

Overall 76.8 · Smaller but newer than most nearby homes

1,239 sqft (bottom 14%) · 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 3 parks nearby

Living Area

Below average

24% 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)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

76.8 is composed by the two sections below.

Property Score

67.6Good
Living Area1,239 sqft66Good
Year Built200387Excellent
Lot Size4,828 sqft60Fair
Neighbourhood Sales Activity32Low

Community Score

90.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111205

Community deep dive

$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

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,239 sqft
0255075100
Same streetBottom 40%Same areaBottom 14%CitywideTop 47%
Same street · Island Shore Boulevard
#46 / 77
Bottom 40% · Avg 1,355 sqft
Same area · Island Lakes
#1,825 / 2,119
Bottom 14% · Avg 1,635 sqft
Citywide · Winnipeg
#90,597 / 194,458
Top 47% · Avg 1,342 sqft

Tax-Assessed Value

above average
459k
0255075100
Same streetTop 34%Same areaBottom 30%CitywideTop 27%
Same street · Island Shore Boulevard
#26 / 77
Top 34% · Avg 433.7k
Same area · Island Lakes
#1,480 / 2,119
Bottom 30% · Avg 494.7k
Citywide · Winnipeg
#52,140 / 194,458
Top 27% · Avg 390.1k

Year Built

Elite
2003
0255075100
Same streetTop 1%Same areaTop 20%CitywideTop 16%

Lot Size

around average
4,828 sqft
0255075100
Same streetTop 31%Same areaBottom 26%CitywideBottom 40%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

576 Island Shore Boulevard — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 427 m), 3 parks (nearest 293 m).

Search radius
🏫Education1
🌳Parks3

Crime & Safety

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%

Sales History

Sold 8/2019CA$400k–450k
Sold price

Same street

Top 34%

Same area

Bottom 42%

City-wide

Top 29%

Related homes

Highlights & common questions: 576 Island Shore Boulevard, Winnipeg

Property Summary: 576 Island Shore Boulevard, Island Lakes, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, one-storey home built in 2003, making it notably newer than most properties on its street and in the wider Island Lakes area. With 1,239 sqft of living space and a renovated basement, it offers modern, single-level living. The home sits on a standard-sized lot for the street and features an attached garage.

Its primary appeal lies in its relative modernity within a mature neighbourhood, offering move-in readiness with recent updates. The property presents a balanced profile: its assessed value is strong citywide, yet it remains in line with local averages, suggesting a fair market position. It would particularly suit first-time buyers or downsizers seeking a manageable, updated home without the maintenance concerns of an older property, or investors attracted to a newer asset in an established community. A thoughtful perspective is that while the lot is smaller than the Island Lakes average, this translates to less yard upkeep, which can be a practical advantage for many buyers today.

Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 1,239 sqft, the living area is slightly below the average for the Island Lakes neighbourhood but is very close to the citywide average for homes. On its own street, it ranks in the top 60% for size.

2. Is the assessed value typical for the area?
Yes. The assessed value is around average for both Island Shore Boulevard and the Island Lakes area. Citywide, however, it ranks in the top 27%, indicating a relatively strong assessment compared to homes across Winnipeg.

3. What is the significance of the 2003 build year?
The 2003 construction date is a key feature. It is the newest home on Island Shore Boulevard (ranking #1 of 77) and is significantly newer than the average home in both Island Lakes and Winnipeg, suggesting newer major components like roofing, windows, and HVAC systems.

4. What was the previous sale price?
The home sold in August 2019 for a price between $395,000 and $425,000. For the exact sale price, you can request the information via email from the listing source.

5. How does the lot size compare?
The lot is 4,828 sqft, which is standard for Island Shore Boulevard but below the larger average lot size found elsewhere in the Island Lakes neighbourhood. This means less private outdoor space than some area homes, but also less maintenance.

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