Property score
88.5
Excellent
Overall 88.5 · Larger than most nearby homes
2,046 sqft (top 10%) · Built in 1997 (2 yrs newer than avg)
Located in a high-income area with median household income of ~133k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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88.5 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: #46111202
$133K
Median household income
$160K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
14%
Single-person households
38%
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
71 Gull Wing Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 314 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 12% | Bottom 45% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 71 Gull Wing Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home in the established Island Lakes neighborhood offers a practical and spacious family layout. Its key characteristic is its above-average living space (2,046 sq ft), which places it comfortably in the top tier of homes both within the immediate area and citywide. The home benefits from a renovated basement and an attached garage, situated on a standard-sized lot for the street. Built in 1997, it is a relatively newer home on its block, suggesting modern construction standards for its era.
The appeal lies in its balanced position. It provides generous interior space without carrying the premium price or lot size of the very largest homes in the area, as reflected in its assessed value being closer to the street average. This creates value for buyers seeking room to grow without overextending. It would suit a growing family looking for a move-in ready, low-maintenance home in a mature, amenity-rich neighborhood like Island Lakes. It’s also a sensible option for those who prioritize updated living space over extensive yard work, given the lot size is typical rather than expansive.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 2,046 sq ft, the living area is significantly above the average for both Island Lakes and Winnipeg as a whole. On its own street, it ranks in the top 28% for size.
2. Is the assessed value high for this area?
The assessed value is around the average for Gull Wing Bay itself, but is above the average for the wider Island Lakes community and the city. This suggests it’s fairly valued within its immediate context.
3. When was the home built, and what does that mean?
Built in 1997, the home is newer than most on its street and in Winnipeg overall. This typically implies modern wiring, plumbing standards, and potentially less immediate concern for major system replacements compared to much older homes.
4. What is the lot size like?
The lot is 6,419 sq ft, which is close to the citywide average but somewhat smaller than the average lot on Gull Wing Bay. It offers standard outdoor space for the neighborhood.
5. How can I find out the exact historical sale prices?
Exact sold prices are provided manually by request via email to ensure accuracy. You can submit your email on the property page to receive the precise sale history directly.
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