Property score
85.7
Excellent
Overall 85.7 · Larger and newer than most nearby homes
1,826 sqft (top 29%) · Built in 2004 (9 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Above average
12% larger than neighborhood avg.
Year Built
Above average
9 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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85.7 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: #46111205
$148K
Median household income
$155K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
10%
Single-person households
50%
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 Brian Monkman Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 471 m), 3 parks (nearest 281 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 10% | Top 3% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 87 Brian Monkman Bay, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Island Lakes offers a balanced and above-average package for its neighbourhood. Built in 2004, it is newer than most homes in Winnipeg, suggesting modern construction standards and potentially fewer major maintenance concerns in the near term. With 1,826 sqft of living space, it provides ample room, ranking above average for both the city and the Island Lakes area. The property includes an attached garage and a renovated basement, adding functional living and storage space.
Its primary appeal lies in its strong positional value within a desirable community. The data indicates that for key metrics like living area, assessed value, and year built, this home consistently performs above the local and city-wide averages. It suits buyers looking for a move-in ready, spacious family home in an established neighbourhood without the uncertainties of an older property. It would particularly resonate with those who value statistical reassurance—seeing a home that outperforms many of its peers on paper—combined with the practical benefits of a recent renovation and a quiet, bay-side location.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. The home's last known sold price range (2022) was higher than its current assessed value, which is common. Market conditions, recent upgrades, and buyer demand will ultimately determine the sale price.
2. What does "above average" for year built really mean for me?
Being newer than 85% of homes in Island Lakes and city-wide means major components like the roof, windows, and furnace are likely in good condition or have been updated more recently. This can provide significant peace of mind and defer major capital expenses compared to an older home.
3. Is the lot size a pro or a con?
At just over 5,300 sqft, the lot is typical for the street but slightly smaller than the broader Island Lakes and city averages. This means manageable yard maintenance, but may offer less private outdoor space than some other properties in the general area.
4. The home ranks very high for its sold price history. What does that indicate?
Ranking in the top 10% of its street and top 3-4% of its area for its last sold price suggests it previously commanded a premium. This could be due to its condition, specific location on the bay, or the timing of the sale. It highlights the property's history of strong market performance.
5. What is the immediate neighbourhood like?
The listing shows several nearby properties on the same bay and street, indicating a dense, neighbourly setting. The consistent assessed values of similar homes nearby suggest a stable, uniform area without dramatic outliers, which can contribute to predictable property values.
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