Property score
63.7
Fair
Overall 63.7 · Smaller than most nearby homes
895 sqft (bottom 1%) · Built in 1988 (7 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 3 parks, 1 sports facility, and 1 bank/ATM nearby
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Below average
7 yrs older 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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63.7 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
58 Smuggler'S Cove — 11 amenities found within 500 m, across 5 categories, including 5 dining (nearest 377 m), 3 parks (nearest 207 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 25% | Bottom 22% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 58 Smuggler's Cove in Winnipeg's Island Lakes neighbourhood presents a specific and practical value proposition. Its key appeal lies in being an affordable entry point into a well-established area. With 895 sqft of living space, it is notably smaller than most homes on its street and in the suburb, but it benefits from a renovated basement and an attached garage. The lot size is consistent with area averages, offering standard outdoor space. The home was built in 1988, making it older than the Winnipeg average but typical for Island Lakes.
This property would best suit first-time buyers or downsizers seeking minimal maintenance and lower property taxes, given its below-average assessed value. It’s a home for those who prioritize location and financial accessibility over square footage. A thoughtful perspective is that its smaller size could be a long-term advantage, promoting a simpler lifestyle with lower utility and upkeep costs compared to the larger, more common homes in the area.
Frequently Asked Questions
Is this a good value for the area?
Based on assessed value, it is priced below the average for both Smuggler's Cove and the wider Island Lakes area, making it one of the more accessible homes in this neighbourhood.
How does the living space compare to nearby homes?
At 895 sqft, the living area is significantly smaller than the average home on this street (~1,541 sqft) and in Island Lakes (~1,635 sqft). This is the home's most defining characteristic.
What are the property taxes likely to be?
With an assessed value of $36,100, which is below average for its immediate area, the property taxes should be comparatively lower than those for most homes in Island Lakes.
Is the basement included in the square footage?
No. The 895 sqft figure refers to the above-ground living area. The home includes a renovated basement, which provides additional usable space not reflected in the main living area metric.
What was the last sale price?
The home sold in August 2022. For privacy and accuracy reasons, the exact sale price is not published publicly, but it can be provided upon direct request to the listing source.
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