Property score
83.9
Excellent
Overall 83.9 · Compared with neighbourhood average
1,574 sqft (bottom 43%) · Built in 1999 (4 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: 3 parks nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
4 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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83.9 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
6 Black Pearl Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 210 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 50% | Top 11% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 6 Black Pearl Cove, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 6 Black Pearl Cove is a well-situated, late-90s cabover with a renovated basement and an attached garage. Its key appeal lies in offering above-average city-wide space and value within the popular Island Lakes community. At 1,574 sqft of living area, it provides more room than most Winnipeg homes, while its assessed value ranks highly compared to both the neighbourhood and the entire city. The lot, at 7,504 sqft, is notably larger than typical city and Island Lakes lots, offering generous outdoor space.
The property suits practical buyers looking for a move-in-ready home with room to grow, without the premium price tag of a newer build. It’s ideal for young families seeking the established, park-friendly Island Lakes neighbourhood, or for value-conscious buyers who prioritize more interior and yard space over having the newest home on the street. A thoughtful perspective is that while the home is slightly below average in size and value for its specific street, it represents a strategic entry point into a desirable cul-de-sac, offering the location benefits while allowing for future equity growth through updates.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold in November 2023 for between $555,000 and $585,000. Its current assessed value is $564,000, indicating the assessment is closely aligned with that recent market transaction.
2. Is the lot size a pro or a con?
It depends on your priorities. The lot is larger than most in Winnipeg and Island Lakes, which is a significant advantage for privacy, gardening, or outdoor recreation. However, it is the smallest lot on Black Pearl Cove itself, so it may feel less expansive than immediate neighbours.
3. What does “around average for the street” mean for key metrics?
For its street, the home’s living area, assessed value, and year built are all near the middle of the pack. This suggests it fits comfortably within the existing streetscape without being an outlier, which can be positive for both compatibility and resale.
4. The home was built in 1999. What should I consider?
A home from this era benefits from modern construction standards but will be due for the replacement of major components like the roof, HVAC system, or windows in the coming years. A thorough inspection is advised to gauge the remaining lifespan of these elements.
5. How does Island Lakes as a neighbourhood factor in?
Island Lakes is a mature, family-oriented community with abundant green space and pathways. This home’s above-average rankings within the neighbourhood for assessed value and land area suggest it represents a solid, premium-tier property within that sought-after context.
