64 Wayfarer'S Haven

Island Lakes, Winnipeg

Property score

79.4

Good

Overall 79.4 · Smaller than most nearby homes

1,294 sqft (bottom 19%) · Built in 2000 (5 yrs newer than avg)

Located in a high-income area with median household income of ~148k

Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Near average

5 yrs newer 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

79.4 is composed by the two sections below.

Property Score

72.0Good
Living Area1,294 sqft66Good
Year Built200084Excellent
Lot Size8,798 sqft93Excellent
Neighbourhood Sales Activity32Low

Community Score

90.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress93Excellent
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: #46111205

Community deep dive

$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

Population, labour & age

Population (2021)1,773
Labour force participation rate72%
Median age43.6
Avg household size3.1
Unemployment rate5%
Population density2906 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households10%
Couple families with children50%
Median household income (2020)$148K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority24%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

around average
1,294 sqft
0255075100
Same streetBottom 4%Same areaBottom 19%CitywideTop 42%
Same street · Wayfarer'S Haven
#54 / 56
Bottom 4% · Avg 1,725 sqft
Same area · Island Lakes
#1,714 / 2,119
Bottom 19% · Avg 1,635 sqft
Citywide · Winnipeg
#81,790 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
530k
0255075100
Same streetBottom 43%Same areaTop 24%CitywideTop 15%
Same street · Wayfarer'S Haven
#32 / 56
Bottom 43% · Avg 578.9k
Same area · Island Lakes
#506 / 2,119
Top 24% · Avg 494.7k
Citywide · Winnipeg
#29,752 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
2000
0255075100
Same streetBottom 41%Same areaTop 35%CitywideTop 18%

Lot Size

above average
8,798 sqft
0255075100
Same streetTop 20%Same areaTop 13%CitywideTop 9%

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

64 Wayfarer'S Haven — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 408 m), 3 parks (nearest 173 m).

Search radius
🏫Education1
🌳Parks3

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 12/2021CA$500k–550k
Sold price

Same street

Bottom 46%

Same area

Top 25%

City-wide

Top 15%

Related homes

Highlights & common questions: 64 Wayfarer'S Haven, Winnipeg

Property Overview: 64 Wayfarer's Haven, Island Lakes, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Island Lakes presents a specific and compelling value proposition. Its key characteristic is a generous, above-average lot size of nearly 8,800 sqft, which ranks within the top 20% on its own street and top 13% in the neighbourhood. This offers significant outdoor space and potential, a notable asset in a mature community. The home itself, built in 2000, is of average size for the city (1,294 sqft) but is smaller than many neighbouring homes, which contributes to its relatively accessible assessed value of $530,000. It features an attached garage and a renovated basement.

The appeal lies in this balance: you are acquiring a premium-sized lot in an established, desirable neighbourhood at a price point that is competitive for the area. The renovated basement adds modern living space. This property would ideally suit first-time buyers or downsizers seeking single-level living who prioritize a large, private yard over a larger interior footprint. It’s a strategic entry into a neighbourhood where land is a key driver of value, offering room to grow, garden, or entertain.

Section 2: Frequently Asked Questions

1. Is the home's smaller living area a concern?
While the living area is below the current average for Island Lakes, it is close to the city-wide average. The trade-off is the substantially larger lot. For buyers who value outdoor space or envision future expansions like a sunroom or deck, this is a favourable layout.

2. How does the assessed value compare to recent sales?
Public data suggests a sale occurred in late 2021 in the $485k-$515k range. The current assessed value of $530k is above that, reflecting market trends and the home's strong standing relative to city and neighbourhood property values (ranking in the top 24% in Island Lakes).

3. What does the lot size actually offer?
At 8,798 sqft, the lot is over 2,000 sqft larger than the Island Lakes average. This provides exceptional room for landscaping, a spacious shed, a play area, or a large patio, setting it apart from closer-packed properties.

4. Is a home built in 2000 considered modern or dated?
Built in 2000, the home is newer than over 80% of properties city-wide. While not brand new, major components like roofing, windows, and siding are likely mid-life, and the basement renovation indicates updates have been made. It strikes a balance between modern construction standards and established neighbourhood maturity.

5. How competitive is this price for Island Lakes?
With an assessed value ranking in the top quarter of the neighbourhood but a living area that is more modest, this property likely offers a lower price-per-square-foot for the house but a higher price-per-square-foot for the land compared to area averages. It represents a value play on the lot itself.

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