84 De Caigny Cove

Island Lakes, Winnipeg

Property score

80.7

Excellent

Overall 80.7 · Smaller than most nearby homes

1,440 sqft (bottom 26%) · Built in 1991 (4 yrs older than avg)

Located in a high-income area with median household income of ~133k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 shop, 2 parks, and 2 bank/ATMs nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 70%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

80.7 is composed by the two sections below.

Property Score

73.9Good
Living Area1,440 sqft75Good
Year Built199181Excellent
Lot Size5,691 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income92Excellent
Education Level91Excellent
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: #46111202

Community deep dive

$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

Population, labour & age

Population (2021)748
Labour force participation rate75%
Median age44.8
Avg household size2.8
Unemployment rate6%
Population density2412 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households14%
Couple families with children38%
Median household income (2020)$133K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority17%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,440 sqft
0255075100
Same streetBottom 15%Same areaBottom 26%CitywideTop 34%
Same street · De Caigny Cove
#34 / 40
Bottom 15% · Avg 1,795 sqft
Same area · Island Lakes
#1,572 / 2,119
Bottom 26% · Avg 1,635 sqft
Citywide · Winnipeg
#65,497 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
453k
0255075100
Same streetBottom 7%Same areaBottom 26%CitywideTop 28%
Same street · De Caigny Cove
#37 / 40
Bottom 7% · Avg 542.9k
Same area · Island Lakes
#1,570 / 2,119
Bottom 26% · Avg 494.7k
Citywide · Winnipeg
#54,181 / 194,458
Top 28% · Avg 390.1k

Year Built

above average
1991
0255075100
Same streetBottom 47%Same areaBottom 42%CitywideTop 22%

Lot Size

around average
5,691 sqft
0255075100
Same streetBottom 1%Same areaTop 50%CitywideTop 39%

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

84 De Caigny Cove — 9 amenities found within 500 m, across 6 categories, including 2 dining (nearest 347 m), 1 shopping (nearest 463 m), 2 parks (nearest 214 m).

Search radius
🍽️Dining2
🛒Shopping1
🌳Parks2
🏦Finance2
Fuel Stations1
🏛️Government1

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 9/2016CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Bottom 9%

City-wide

Top 46%

Related homes

Highlights & common questions: 84 De Caigny Cove, Winnipeg

Property Overview: 84 De Caigny Cove, Island Lakes

Section 1: Key Characteristics & Appeal

This 1,440 sqft two-storey home, built in 1991, presents a practical opportunity in Winnipeg's Island Lakes neighbourhood. Its key appeal lies in its balance of a renovated basement and an attached garage within a well-established community. The living space is modest for the immediate street and area, but aligns more closely with the city-wide average, suggesting an efficient layout. The lot size of 5,691 sqft is notably smaller than others on De Caigny Cove, which may mean less yard maintenance—a potential plus for some buyers.

The property’s assessed value sits above the city median, yet is below average for both the street and Island Lakes. This positioning could indicate a value proposition for a buyer seeking entry into this specific area, potentially at a different point than newer or larger homes on the same street. It would suit first-time buyers, downsizers, or investors looking for a turnkey property (thanks to the renovated basement) in a mature neighbourhood without the premium for a large lot. The home offers a grounded, "right-sized" option for those who prioritize location and a modernized interior over expansive square footage or yard space.

Section 2: Frequently Asked Questions

1. How does the lot size compare, and what does it mean for me?
At 5,691 sqft, the lot is the smallest on De Caigny Cove. Compared to the street average, it offers a more manageable yard with less upkeep, but also less private outdoor space than its immediate neighbours.

2. The assessed value seems high for the street but low for the area. Why?
The assessment is above the Winnipeg median, reflecting city-wide value. However, it ranks below average for both Island Lakes and this specific street, where many homes are larger or on bigger lots. This suggests the property is a more accessible entry point into this desirable pocket.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the finish quality, layout, and whether it includes a legal suite, additional bedrooms, or simply finished living space.

4. Is the living area sufficient for a family?
At 1,440 sqft, it is below the area average. It would comfortably suit a small family, a couple, or empty-nesters. Larger families should carefully consider if the room count and layout meet their long-term needs.

5. How can I get the exact historical sale price?
The listed sale price ranges are estimates from public data. To obtain the precise sale price from its last transaction in September 2016, you must request it via email through the provided website button. The service is manual but prompt, with a commitment not to use your email for spam.

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