63 Gull Wing Bay

Island Lakes, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Compared with neighbourhood average

1,725 sqft (top 40%) · Built in 1994 (1 yr older than avg)

Located in a high-income area with median household income of ~133k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Near average

1 yrs older 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

87.0 is composed by the two sections below.

Property Score

84.4Excellent
Living Area1,725 sqft86Excellent
Year Built199481Excellent
Lot Size15,699 sqft100Excellent
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income92Excellent
Education Level91Excellent
Housing Stress83Excellent
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: #46111202

Community deep dive

$133K

Median household income

$160K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

14%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)748
Labour force participation rate75%
Median age44.8
Avg household size2.8
Unemployment rate6%
Population density2412 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households14%
Couple families with children38%
Median household income (2020)$133K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority17%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

above average
1,725 sqft
0255075100
Same streetBottom 41%Same areaTop 40%CitywideTop 20%
Same street · Gull Wing Bay
#23 / 39
Bottom 41% · Avg 1,778 sqft
Same area · Island Lakes
#844 / 2,119
Top 40% · Avg 1,635 sqft
Citywide · Winnipeg
#38,810 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

Elite
693k
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 4%
Same street · Gull Wing Bay
#1 / 39
Top 3% · Avg 542.2k
Same area · Island Lakes
#35 / 2,119
Top 2% · Avg 494.7k
Citywide · Winnipeg
#7,868 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
1994
0255075100
Same streetTop 44%Same areaTop 49%CitywideTop 20%

Lot Size

Elite
15,699 sqft
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 2%

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

63 Gull Wing Bay — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 288 m).

Search radius
🌳Parks2

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 10/2019CA$500k–550k
Sold price

Same street

Top 25%

Same area

Top 26%

City-wide

Top 16%

Related homes

Highlights & common questions: 63 Gull Wing Bay, Winnipeg

Property Overview: 63 Gull Wing Bay, Island Lakes

Key Characteristics & Appeal

This one-storey home in Island Lakes presents a compelling blend of space, location, and rarity. Its primary appeal lies in its exceptional land size—a 15,699 sqft lot that ranks in the top 3% on its own street and top 2% citywide. This offers uncommon potential for privacy, gardening, or expansion in a mature neighbourhood. The home itself, built in 1994, is above average in size for Winnipeg (1,725 sqft living area) and features a renovated basement and desirable amenities like a pool and attached garage.

A thoughtful perspective is that this property represents a "land-value proposition" in a well-established area. While the house is solid and updated, the lot is the standout asset, offering a future hedge and immediate outdoor living space that is increasingly hard to find. It suits buyers who prioritize long-term value and space over a brand-new build, such as growing families seeking room for kids and pets to play, or downsizers who want a manageable single-level layout without sacrificing a generous, park-like yard. The high assessed value relative to the area underscores its premium standing.


Frequently Asked Questions

1. How does the lot size compare to typical Winnipeg homes?
The lot is exceptionally large. At 15,699 sqft, it is more than double the average lot size for both the Island Lakes area and the city of Winnipeg as a whole.

2. Is the living space above or below average for the neighbourhood?
The living area (1,725 sqft) is slightly below the immediate street average but is above the citywide average. It offers comfortable space, with the property’s standout feature being the land, not the square footage of the home itself.

3. What does the "Elite" ranking for Assessed Value indicate?
It means the home’s municipal assessed value is among the highest 2-4% of comparable properties in its immediate area and citywide. This typically reflects the combined value of the large lot, renovations, and amenities.

4. The home was last sold in 2019. What can the price range tell me?
The published sold price range (48.50k ~ 51.50k) provides a historical benchmark from over five years ago. For a precise figure to inform current market value, you must request the exact sold price from the site via email.

5. Who would this property suit best?
It is ideally suited for buyers who value expansive outdoor space and see the long-term potential in a large lot. It fits families or individuals who want a established neighbourhood feel but don’t want to compromise on yard size, and who appreciate the convenience of a renovated basement and single-storey layout.

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