Property score
78.3
Good
Overall 78.3 · Smaller and older than most nearby homes
1,405 sqft (bottom 24%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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78.3 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: #46110514
$106K
Median household income
$129K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
31%
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 Tidewater Bay — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 478 m), 2 parks (nearest 137 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 1% | Bottom 24% | Top 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 8 Tidewater Bay, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in the established Island Lakes neighbourhood. Its key characteristic is its grounded, average-to-above-average positioning across most metrics when viewed city-wide, offering a solid value proposition without extremes. The home features a renovated basement and an attached garage on a good-sized lot.
The appeal lies in its balance and location. While its living space is modest for its immediate street and area, it is very close to the city-wide average, suggesting an efficient layout. Its assessed value is strong compared to the entire city, indicating good underlying value. The home is one of the older on its street, which can mean more mature landscaping and a settled streetscape. It would suit first-time buyers, downsizers seeking single-level living, or value-oriented buyers who prioritize a good lot in a mature neighbourhood over a large interior footprint. A thoughtful perspective is that this property represents a "middle ground" – it avoids the premium for the largest homes on the block while still offering the community benefits and lot size of the area.
Section 2: Frequently Asked Questions
1. Is the living area too small for the neighbourhood?
While the home's square footage is below the average for Tidewater Bay and Island Lakes, it is very close to the Winnipeg city-wide average. This suggests a more efficient or compact layout compared to some larger neighbours, which can be appealing for easier maintenance.
2. What does the assessed value tell me about this property?
Its assessed value is above average for Winnipeg, indicating the city sees solid value here. On its own street and in Island Lakes, it is firmly average, so you are not paying a steep street-premium but are investing in a property with recognized city-wide worth.
3. The home is older than many in Island Lakes. Should I be concerned?
Built in 1986, it is actually one of the newer homes on its specific street. For the broader area, it's older than average, meaning major systems may be due for updates, but the neighbourhood itself is established with mature greenery.
4. How does the lot size compare?
The lot is above average for Winnipeg and about average for Island Lakes, but smaller than the typical lot on Tidewater Bay. This offers a good outdoor space that is manageable to maintain.
5. Where can I find the exact historical sale price?
The exact sold price from the last transaction is not publicly displayed in the details above. You can request the precise figure by using the "Get exact sold price history" email feature provided on the listing page.
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