Property score
84.0
Excellent
Overall 84.0 · Larger and newer than most nearby homes
1,840 sqft (top 27%) · Built in 2004 (9 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 2 parks nearby
Living Area
Above average
13% larger 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)
654
580k
$348/sqft
1995
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84.0 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
8 Brian Monkman Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 305 m), 2 parks (nearest 303 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 | Top 25% | Top 7% | Top 8% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Top 43% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 8 Brian Monkman Bay, Island Lakes, Winnipeg
Key Characteristics & Appeal
This well-situated home in Island Lakes offers a practical and comfortable living space with notable strengths in its condition and value. Built in 2004, it is a newer construction compared to most of Winnipeg, requiring less immediate concern for major aging components. The 1,840 sqft living area provides above-average space for the neighbourhood and city, comfortably accommodating family life. A key feature is the renovated basement, adding functional living space. The home’s assessed value consistently ranks above average for its street, neighbourhood, and city-wide, suggesting a solid investment in a desirable area.
The appeal lies in its move-in readiness and prudent positioning within the market. It suits buyers seeking a modern, low-maintenance home in a mature, established neighbourhood like Island Lakes. It’s an ideal match for growing families or professionals who value space and a recent build year over a very large lot, as the property sits on a standard-sized parcel for the street. The attached garage and recent strong sale history add to its practical, family-oriented profile.
Frequently Asked Questions
1. How does the lot size compare?
The land area is approximately 4,328 sqft, which is typical for Brian Monkman Bay but smaller than the average lot in the broader Island Lakes neighbourhood. This often translates to less yard maintenance.
2. What does the "above average" assessed value ranking mean?
The home’s assessed value places it in the top 22% on its own street and top 16% in Island Lakes, indicating it is valued higher than many comparable properties. This can reflect the home’s condition, renovations, and desirability within its immediate area.
3. Is the sold price history available?
Exact sold prices are not publicly listed. The page shows estimated price ranges from previous sales (e.g., July 2024). You can request the precise figures by email, which the service provides manually without marketing spam.
4. What type of neighbourhood is Island Lakes?
Island Lakes is a mature, family-oriented neighbourhood in Winnipeg known for its curvilinear streets, parks, and water features. This property’s location on a "Bay" street is characteristic of the area's layout.
5. The home sold recently in 2024. What should I consider?
A very recent sale suggests the market has recently validated the price. It’s worthwhile to understand why it is back on the market, which could range from a simple change in circumstance to an investor’s quick resale. A thorough inspection is always recommended.
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