Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Lakeview Cove): Above Average. Ranked #1 out of 20 (Top 5%). The street average for comparable homes is 1,397 sqft.
Neighborhood Level (Island Lakes): Around Average. Ranked #60 out of 137 (Top 44%). The neighborhood average for comparable homes is 1,510 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #3,506 out of 26,841 (Top 13%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Lakeview Cove): Around Average. Ranked #8 out of 20 (Top 40%). The street average for comparable homes is 454.6k.
Neighborhood Level (Island Lakes): Around Average. Ranked #67 out of 137 (Top 49%). The neighborhood average for comparable homes is 462.2k.
Citywide Level (Winnipeg): Above Average. Ranked #1,967 out of 26,841 (Top 7%). The citywide average for comparable homes is 276.9k.
Street Level (Lakeview Cove): Below Average. Ranked #14 out of 20 (Bottom 30%). The street average for comparable homes is 2000.
Neighborhood Level (Island Lakes): Around Average. Ranked #64 out of 137 (Top 47%). The neighborhood average for comparable homes is 1999.
Citywide Level (Winnipeg): Around Average. Ranked #11,094 out of 26,841 (Top 41%). The citywide average for comparable homes is 1990.
Island Lakes market pulse
How to read: Share of sales in each ~$50k price band for “island lakes” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
63 Lakeview Cove — 16 amenities found within 500 m, across 8 categories, including 8 dining (nearest 203 m), 1 healthcare (nearest 414 m), 1 shopping (nearest 339 m).
Crime & safety
Waste collection schedule
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Related homes
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Similar assessed value
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Is this home right for you?
Property Overview: 63 Lakeview Cove, Island Lakes
Key Characteristics & Appeal
This well-maintained condo in Island Lakes offers 1,403 sqft of living space with a renovated basement, providing ample room for comfortable living. Built in 1999, the home sits on a quiet cul-de-sac and presents a compelling value proposition rooted in its strong citywide standing.
Its primary appeal lies in its space and value metrics. The living area is in the top 5% for its immediate street and the top 13% citywide, meaning it offers more square footage than the vast majority of Winnipeg homes. The assessed value tells a similar story of long-term value: while average for the street, it ranks in the top 5% citywide, suggesting a solid investment in a desirable area. The renovated basement adds modern, functional space.
This property would suit practical buyers looking for space without a premium price tag, such as growing families seeking a townhouse alternative, or professionals wanting a roomy, low-maintenance home in a mature, established neighbourhood. It’s a fit for those who value quantifiable metrics—getting more interior space for their dollar compared to the broader market—over a brand-new build.
Frequently Asked Questions
1. How does this home’s size really compare?
At 1,403 sqft, this condo is larger than 87% of comparable homes across Winnipeg and is the largest among the 20 directly comparable properties on Lakeview Cove.
2. What does the “Elite” citywide assessment ranking mean?
An assessed value in the top 5% citywide indicates that, for property tax purposes, this home is valued higher than 95% of Winnipeg properties. This often reflects a combination of its size, location, and condition relative to the entire market.
3. The home was built in 1999. What should I consider?
Being 27 years old, it’s newer than about 60% of Winnipeg homes. Buyers should focus on the condition and age of major updates (like the basement renovation, roof, HVAC, and windows) rather than the build year itself.
4. Why is the sold price history shown as a range?
Exact sale prices in Manitoba are not publicly available in a centralized database. The ranges are estimates based on publicly accessible internet records. The exact historical sale price can be provided upon direct request to the listing service.
5. Is the property tax likely to be high given the assessment?
While the citywide assessment is high, property taxes are primarily determined by comparing your assessment to the average in your specific community area (Island Lakes). Here, its assessment is above average but not exceptionally so, suggesting taxes will be more in line with the neighbourhood than the citywide ranking implies.