Property score
84.6
Excellent
Overall 84.6 · Larger and newer than most nearby homes
1,840 sqft (top 27%) · Built in 2001 (6 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 park nearby
Living Area
Above average
13% larger than neighborhood avg.
Year Built
Above average
6 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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84.6 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
87 Arpin Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 233 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 18% | Top 28% | Top 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 27% | Top 36% | Top 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 45% | Top 49% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 87 Arpin Bay, Island Lakes
Key Characteristics & Appeal
This two-storey home at 87 Arpin Bay is a well-positioned property in the established Island Lakes neighborhood. Built in 2001, its primary appeal lies in its generous and above-average living space. With 1,840 sqft, it offers more room than most comparable homes on its street, in the area, and across Winnipeg. The home features a renovated basement and an attached garage, situated on a standard-sized lot for the immediate street.
The data suggests a property that has been maintained and updated, as reflected in its assessed value consistently ranking in the top quarter among peers. Its recent sale history shows steady value growth. This home would best suit buyers looking for move-in ready space in a mature, family-friendly community without the premium for a massive lot. It’s a practical choice for those who prioritize interior living area and modernized features over a new build or an extra-large yard. A thoughtful perspective is that while the lot size is average for the street, it is actually more manageable than many in the wider area, potentially appealing to those seeking less yard maintenance without sacrificing neighborhood stature.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
This home offers more living space than most. At 1,840 sqft, it ranks in the top 13% on Arpin Bay and provides more square footage than the average home in Island Lakes and citywide.
2. What is the history of the property’s value?
Available data shows steady appreciation. It sold in the range of $425k-$455k in 2016, $455k-$485k in 2019, and $475k-$505k in 2021, consistently performing above the median for its peer groups at each sale.
3. Is the basement finished?
Yes, the listing confirms the basement is renovated, adding to the home’s liveable space.
4. How does the lot size compare?
The lot is 4,614 sqft, which is typical for Arpin Bay but smaller than the average lot in the broader Island Lakes area. This may mean less backyard maintenance compared to some neighbors.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them directly via the email prompt on the listing page; the service provides the accurate figures manually at no cost and without marketing spam.
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