Property score
79.6
Good
Overall 79.6 · Older than most nearby homes
1,616 sqft (bottom 48%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~98k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 park, and 1 place of worship nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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79.6 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: #46111195
$98K
Median household income
$110K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
22%
Single-person households
32%
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
70 Tidal Cove — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 252 m), 1 parks (nearest 415 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 25% | Bottom 15% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 70 Tidal Cove, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in the established Island Lakes neighbourhood offers a practical, grounded opportunity. With 1,616 sqft of living space, it sits comfortably above the city-wide average, providing ample room for a family. The attached garage and full (unrenovated) basement add functional space and potential. Its lot size of nearly 7,000 sqft is a notable feature, offering generous outdoor space that is well above average for both the neighbourhood and the city—a valuable asset for gardening, play, or future expansion.
The primary appeal lies in its position as a solid, well-sized home in a mature community, presenting a more affordable entry point into the area. Its assessed value is notably below the current Island Lakes average, which could indicate an opportunity for a buyer comfortable with a home that may require updates. This property would best suit first-time buyers or growing families looking for space and a established location without the premium price of a fully modernized home. It’s a home for those who value a large yard and see potential in a property that offers the fundamentals in good order.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value for the street and area actually mean?
It indicates this home’s municipal tax assessment is lower than many of its immediate neighbours and area comparables. This often reflects factors like the unrenovated basement and the home’s original condition relative to updated homes on the street, not necessarily the property's market value.
2. Is the large lot a common feature for Island Lakes?
At 6,965 sqft, this lot is above the neighbourhood average. Many lots in newer subdivisions are smaller, making this a less obvious but significant perk for this specific property, offering more privacy and space.
3. The home was built in 1986. What should I consider?
Homes from this era are generally well-built but may have original major systems (like roof, windows, furnace, or electrical) nearing the end of their typical lifespan. A thorough inspection is key to budgeting for potential updates.
4. How does the last sold price (2019) relate to today's value?
The 2019 sale price is a historical data point. The significant market changes since then mean the current value will be determined by recent area sales, the home's condition, and current demand. It should not be used as a direct indicator of today’s price.
5. What is the potential here versus a fully renovated home?
This home trades immediate move-in readiness for lower cost and the ability to customize. The appeal is in adding value over time through strategic updates, allowing you to build equity on your own terms rather than paying a premium for someone else’s renovations.
