Property score
75.8
Good
Overall 75.8 · Smaller but newer than most nearby homes
1,266 sqft (bottom 17%) · Built in 2005 (10 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Above average
10 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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75.8 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
7 Evelyne Reese Boulevard — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 189 m), 3 parks (nearest 369 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 43% | Bottom 49% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Evelyne Reese Boulevard, Island Lakes, Winnipeg
Key Characteristics & Buyer Profile
This single-storey home in Island Lakes is a study in contrasts, offering a specific value proposition. Its key characteristic is a generous 4,170 sqft lot, which is notably larger than most on its street and in the immediate neighborhood, providing excellent outdoor space potential. The home itself, built in 2005, is newer than the majority of city-wide housing stock but is among the older homes within the newer Island Lakes community. With 1,266 sqft of living space and a renovated basement, it sits at a more compact size compared to nearby peers.
The appeal lies in this balance: you acquire a well-sized lot in a mature, established area of Island Lakes without the premium often attached to the largest houses. It suits practical buyers who prioritize yard space over square footage, such as downsizers seeking single-level living with room for gardening, or young families who value a safe, neighborhood feel and envision future expansions like a deck or shed. The renovated basement adds functional living space, enhancing its utility. A thoughtful perspective is that its "below average" size for the area may translate into lower utility costs and less maintenance, appealing to those seeking efficiency.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home is currently assessed at $44.60k. The last known sale in July 2021 was in the range of $41.50k to $44.50k, indicating the assessment is in line with its recent market value.
2. Is the living space too small for the neighborhood?
At 1,266 sqft, it is indeed smaller than the average home on Evelyne Reese Boulevard and in Island Lakes. However, this makes it a more accessible entry point into the area and, combined with the renovated basement, provides adequate space for many households.
3. What does the lot size mean for me?
The 4,170 sqft lot is a standout feature. It is significantly larger than the average lot on its street (3,175 sqft), offering more privacy, recreation space, and landscaping opportunities than most direct neighbors.
4. The home was built in 2005. What should I consider?
Being built in 2005 means major systems like the roof, furnace, and windows are likely approaching or within their typical replacement window (15-25 years). A thorough inspection is advised to budget for upcoming maintenance, though the home avoids the issues of much older properties.
5. How can I find out the exact historical sale prices?
The provided sale prices are estimated ranges from public data. The listing service offers to provide the exact sale price history via a manual email request, at no cost and without marketing spam.
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