Property score
67.7
Good
Overall 67.7 · Smaller than most nearby homes
934 sqft (bottom 1%) · Built in 1992 (3 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Near average
3 yrs older 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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67.7 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
83 Quayside Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 407 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 10% | Bottom 2% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 83 Quayside Cove, Island Lakes, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-storey home in Island Lakes is defined by its practical scale and its position as a relative value within its neighborhood. With 934 sqft of living space, it is notably compact compared to most homes on its street and in the wider area, placing it in the smaller third of properties. This is balanced by a fully renovated basement, adding functional space. Its standout characteristic is its age; built in 1992, it is the newest home on Quayside Cove, offering modern construction fundamentals amidst older peers.
The primary appeal lies in its entry-point positioning for the desirable Island Lakes community. The assessed value is significantly below the street and neighborhood averages, suggesting a lower property tax base and an accessible price point for the area. It suits first-time buyers or downsizers seeking single-level living in an established, amenity-rich neighborhood without the premium of a larger home. The generous, average-sized lot (over 5,300 sqft) provides outdoor space and potential not always available with smaller homes. It’s a property for those who prioritize location and lot over interior square footage, and who see value in a home that is newer than its immediate surroundings.
Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. It primarily reflects the home's smaller size relative to others in Island Lakes. A below-average assessment typically translates to lower annual property taxes, which is a financial positive for the owner.
2. How does the "newest on the street" status impact the home?
While the interior may have its own condition, this means major structural components (foundation, framing, roof) are younger than all neighbors. This can be a plus for insurance and long-term maintenance planning, compared to older homes in the area.
3. What are the implications of having no garage?
This is a key consideration for Winnipeg winters. Buyers will need to budget for alternative parking (a driveway is present) and factor in the time and cost of seasonal vehicle plug-ins and snow removal from the vehicle.
4. The home is smaller than area averages. Will it feel cramped?
The renovated basement effectively adds a second level of living space, offsetting the modest main-floor square footage. The layout and how the basement is finished will be crucial in determining the overall sense of space.
5. The last recorded sale was in 2017. What does that mean?
It indicates a period of stable ownership. For a buyer, it means there is less frequent sales data to gauge recent price trends for this specific property, making a professional appraisal and comparison to recently sold nearby homes especially important.
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