68 Brian Monkman Bay

Island Lakes, Winnipeg

Property score

77.6

Good

Overall 77.6 · Smaller but newer than most nearby homes

1,300 sqft (bottom 20%) · Built in 2004 (9 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 62.0 · 2-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

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 64%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

77.6 is composed by the two sections below.

Property Score

69.6Good
Living Area1,300 sqft71Good
Year Built200487Excellent
Lot Size4,328 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
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: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
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
1,300 sqft
0255075100
Same streetBottom 16%Same areaBottom 20%CitywideTop 42%
Same street · Brian Monkman Bay
#42 / 50
Bottom 16% · Avg 1,700 sqft
Same area · Island Lakes
#1,705 / 2,119
Bottom 20% · Avg 1,635 sqft
Citywide · Winnipeg
#80,875 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
492k
0255075100
Same streetBottom 36%Same areaTop 45%CitywideTop 21%
Same street · Brian Monkman Bay
#32 / 50
Bottom 36% · Avg 514.9k
Same area · Island Lakes
#959 / 2,119
Top 45% · Avg 494.7k
Citywide · Winnipeg
#40,982 / 194,458
Top 21% · Avg 390.1k

Year Built

above average
2004
0255075100
Same streetTop 6%Same areaTop 15%CitywideTop 15%

Lot Size

around average
4,328 sqft
0255075100
Same streetBottom 34%Same areaBottom 7%CitywideBottom 31%

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

68 Brian Monkman Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 453 m), 3 parks (nearest 198 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 3/2018CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Bottom 26%

City-wide

Top 36%

Related homes

Highlights & common questions: 68 Brian Monkman Bay, Winnipeg

Property Overview: 68 Brian Monkman Bay, Island Lakes

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Island Lakes offers a practical and modern living space. Its key appeal lies in its balance of a recent build year (2004), which is newer than most homes in Winnipeg, and a renovated basement that adds functional living area. With 1,300 sqft of living space, it is a comfortably sized home that sits around the city-wide average, making it a manageable property for everyday living.

The home’s assessed value positions it as a strong value proposition city-wide, ranking above average compared to all Winnipeg properties. This suggests a solid foundation for equity. The lot, while smaller than many in the Island Lakes neighbourhood specifically, is still a generous city-standard size, offering outdoor space without excessive maintenance.

This property would best suit first-time buyers, downsizers, or practical-minded investors seeking a modern, low-maintenance home in a mature, family-friendly suburb. Its one-storey layout is ideal for accessibility, and its above-average city-wide value ranking makes it a prudent purchase for the long term.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to its neighbours?
At 1,300 sqft, the living area is somewhat smaller than the average for both Brian Monkman Bay and the wider Island Lakes area. This can be an advantage for those seeking easier upkeep, but buyers wanting ample space for a growing family should note the difference.

2. The assessed value seems high relative to past sale prices. Why?
The current assessed value ($49.20k as per the data) is notably higher than its last recorded sale range in 2018 ($37.50k - $40.50k). This increase reflects significant market-wide appreciation over the past several years and the added value of the basement renovation.

3. Is the smaller lot in Island Lakes a drawback?
The 4,328 sqft lot is below the neighbourhood average but is still a standard city lot. It provides a balanced yard space—large enough for gardening or recreation but not so large as to be burdensome, which can be a hidden benefit for those with busy lifestyles.

4. What does the "above average" city-wide ranking for the build year mean?
Built in 2004, this home is newer than approximately 85% of all homes in Winnipeg. This is a significant advantage, typically implying newer building materials, modern layouts, and potentially lower immediate costs for major system upgrades compared to much older homes.

5. Where can I find the exact historical sale price?
The precise sale price is not publicly listed due to data privacy. The listing service offers to provide the exact figure via email upon request, which they handle manually without using your address for unsolicited marketing.

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