78 Ebb Tide Drive

Island Lakes, Winnipeg

Property score

83.0

Excellent

Overall 83.0 · Newer than most nearby homes

1,778 sqft (top 35%) · Built in 2005 (10 yrs newer than avg)

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

Transit 52.0 · 6-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby

Living Area

Near average

9% larger 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)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

83.0 is composed by the two sections below.

Property Score

78.6Good
Living Area1,778 sqft86Excellent
Year Built200587Excellent
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

above average
1,778 sqft
0255075100
Same streetTop 43%Same areaTop 35%CitywideTop 18%
Same street · Ebb Tide Drive
#29 / 68
Top 43% · Avg 1,686 sqft
Same area · Island Lakes
#744 / 2,119
Top 35% · Avg 1,635 sqft
Citywide · Winnipeg
#35,019 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
533k
0255075100
Same streetTop 28%Same areaTop 23%CitywideTop 15%
Same street · Ebb Tide Drive
#19 / 68
Top 28% · Avg 510.2k
Same area · Island Lakes
#478 / 2,119
Top 23% · Avg 494.7k
Citywide · Winnipeg
#28,966 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
2005
0255075100
Same streetTop 3%Same areaTop 8%CitywideTop 15%

Lot Size

around average
4,328 sqft
0255075100
Same streetBottom 40%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

78 Ebb Tide Drive — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 317 m), 2 parks (nearest 241 m).

Search radius
🏫Education1
🌳Parks2

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 3/2016CA$400k–450k
Sold price

Same street

Bottom 18%

Same area

Bottom 41%

City-wide

Top 30%

Related homes

Highlights & common questions: 78 Ebb Tide Drive, Winnipeg

Property Overview: 78 Ebb Tide Drive, Island Lakes

Section 1: Key Characteristics & Appeal

This well-situated home in Island Lakes offers a practical and modern living space. Built in 2005, it is notably newer than most homes in Winnipeg, providing the benefits of contemporary construction standards and likely requiring less immediate major maintenance. With 1,778 sqft of living space, it offers ample room for a family, ranking above average city-wide. A key feature is the renovated basement, which adds valuable finished space and flexibility.

The home’s appeal lies in its balance of size, modernity, and established neighbourhood setting. Its assessed value positions it above average for its street, neighbourhood, and the wider city, suggesting a solid perceived value in the market. The attached garage is a practical asset for Winnipeg winters. While the lot size is more compact compared to others in Island Lakes, this often translates to less yard maintenance, which can be a plus for busy professionals or those seeking a lock-and-leave lifestyle.

This property would best suit buyers looking for a move-in ready, modern home in a mature neighbourhood without the quirks and renovation projects of an older house. It’s ideal for a growing family that needs the space but doesn’t want the upkeep of a large yard, or for empty-nesters downsizing from a larger property who still desire generous indoor living space and a modern basement for hobbies or guests.


Section 2: Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
The lot is 4,328 sqft, which is more compact than the Island Lakes average. This means less private outdoor space but also significantly reduced yard maintenance.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or agent to understand the quality and functionality of the space.

3. Is the home in a flood zone or affected by local water levels?
Given the street name "Ebb Tide Drive" and its location in Island Lakes, it is prudent to inquire about any historical water or drainage issues, even if the area is not officially designated as a flood risk.

4. Why is the home newer than most on the street?
Built in 2005, it is among the newest homes on Ebb Tide Drive. This could indicate it was built on one of the last available lots in this part of the subdivision, offering newer infrastructure within an established area.

5. What are the annual property taxes?
The assessed value is $53.30k. Taxes are calculated by applying the City's annual mill rate to this assessment. Requesting the current year's tax amount from the listing agent would provide the exact figure.

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