Property score
80.8
Excellent
Overall 80.8 · Newer than most nearby homes
1,587 sqft (bottom 44%) · Built in 2006 (11 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 42.0 · 11-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
11 yrs newer 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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80.8 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: #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
62 Pamela Road — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 241 m), 3 parks (nearest 365 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 14% | Top 50% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 62 Pamela Road, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained home, built in 2006, presents a practical and comfortable living space in the established Island Lakes neighborhood. Its key features include 1,587 sqft of living area, a renovated basement, and an attached garage. The data reveals a property of contrasts: while the lot size is more compact compared to others in the area, the home itself is above average in both size and assessed value when viewed citywide. Its construction year is notably newer than most Winnipeg homes, suggesting modern building standards and potentially fewer major maintenance concerns in the near term.
The appeal lies in its balance. It offers the space and finishes of a newer, above-average home without the premium often attached to the largest lots. The renovated basement adds immediate functional living space. This property would suit buyers seeking a move-in ready home in a mature neighborhood, who prioritize interior space and modern infrastructure over a sprawling yard. It’s a strong option for professionals, small families, or downsizers looking for a manageable property without compromising on the quality or size of the living area.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
The land area is smaller than the average for both Island Lakes and the city. This typically means less yard maintenance, which can be a benefit for those seeking a low-maintenance lifestyle. However, it may offer less private outdoor space for gardening or recreation compared to neighboring properties.
2. What does the "above average" assessed value indicate?
The assessed value ranks in the top tiers for the street, neighborhood, and city. This generally reflects the municipality’s view of the property’s worth relative to others, often influenced by the home’s condition, size, and the desirability of its newer build year. It’s a useful benchmark, but market sale price can differ.
3. Is the renovated basement a legal suite?
The listing notes a "renovated" basement but does not specify it as a legal secondary suite. Buyers interested in rental income or a separate in-law suite should verify its status and compliance with local regulations through their agent and the city.
4. How stable have property values been on this street?
Based on the limited sold price history shown (2017), and the current higher assessed value, the trend appears positive. For a complete picture, researching recent sales of comparable homes in Island Lakes is recommended to understand current market dynamics.
5. What are the less obvious considerations of a 2006 build?
A home from this era benefits from modern materials and codes but may be due for the replacement of certain medium-life components, such as the roof, major appliances, or the HVAC system. A thorough inspection is advised to gauge the remaining lifespan of these elements.
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