Property score
73.8
Good
Overall 73.8 · Smaller than most nearby homes
1,182 sqft (bottom 9%) · Built in 1988 (7 yrs older than avg)
Located in a high-income area with median household income of ~122k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 7%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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73.8 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: #46111212
$122K
Median household income
$146K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
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
59 Peres Oblats Drive — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 420 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 33% | Bottom 32% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 59 Peres Oblats Drive, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1988, featuring an attached garage and a renovated basement. With 1,182 sqft of living space on a 5,373 sqft lot, its size is modest for the immediate neighbourhood but aligns closely with the Winnipeg city-wide average. This creates a unique positioning: it offers the established, family-friendly setting of Island Lakes—known for its parks, waterways, and community feel—in a more manageable, low-maintenance package.
The home’s primary appeal lies in its practicality and location. The renovated basement adds functional living space, while the one-storey layout is ideal for empty-nesters, young families, or those seeking accessibility. Its assessed value is below average for Island Lakes, potentially representing a more accessible entry point into this desirable area without the upkeep of a larger property. It would suit first-time buyers looking for a stable community, downsizers wanting to stay in the area, or pragmatic buyers who value location and a renovated foundation over sheer square footage.
A thoughtful perspective: while it ranks below average on its own street for size and value, this can signal an opportunity for buyers priced out of larger homes in the same locale. You’re buying the neighbourhood, its amenities, and its maturity, with a home that requires less effort and resource to maintain.
Section 2: Frequently Asked Questions
1. Is this house significantly smaller than others in Island Lakes?
Yes. The living area is below the average for both Peres Oblats Drive and the wider Island Lakes community, placing it in the top 91% (meaning 91% of area homes are larger). However, it is very close to the city-wide average for Winnipeg.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent, as it could range from updated finishes to the addition of legal bedrooms or a separate suite.
3. How does the assessed value relate to the likely selling price?
The home’s assessed value is $43,300. For context, it last sold in May 2022 for between $38,500 and $41,500. Market conditions, the quality of renovations, and buyer demand will determine the final sale price, but the assessment and recent sale history provide a grounded starting point.
4. Is the lot size a constraint?
At just over 5,300 sqft, the lot is around average for the street and slightly below average for the neighbourhood. It provides standard outdoor space for a home of this era but may not accommodate large additions or extensive landscaping projects as easily as larger lots in the area.
5. Why is the city-wide ranking for the "Year Built" so high?
The home was built in 1988. It ranks "above average" city-wide (top 24%) because, compared to the entire Winnipeg housing stock which includes many older homes (city-wide average year built is 1966), a 1988 build is considered relatively newer.
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