87 Charbonneau Crescent

Island Lakes, Winnipeg

Property score

68.1

Good

Overall 68.1 · Smaller and older than most nearby homes

1,271 sqft (bottom 18%) · Built in 1985 (10 yrs older than avg)

Located in a high-income area with median household income of ~112k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 park, and 1 place of worship nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 72%Tagalog · 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

68.1 is composed by the two sections below.

Property Score

65.9Good
Living Area1,271 sqft66Good
Year Built198573Good
Lot Size5,039 sqft67Good
Neighbourhood Sales Activity32Low

Community Score

71.3Good
Household Income89Excellent
Education Level54Fair
Housing Stress50Fair
Core Housing Need50Fair
Employment Health60Fair

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: #46110594

Community deep dive

$112K

Median household income

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

16%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)252
Labour force participation rate64%
Median age43.2
Avg household size2.8
Unemployment rate10%
Population density4200 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households16%
Couple families with children38%
Median household income (2020)$112K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority38%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 72%
Mother tongue (2nd)Tagalog · 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
1,271 sqft
0255075100
Same streetTop 40%Same areaBottom 18%CitywideTop 44%
Same street · Charbonneau Crescent
#34 / 86
Top 40% · Avg 1,251 sqft
Same area · Island Lakes
#1,745 / 2,119
Bottom 18% · Avg 1,635 sqft
Citywide · Winnipeg
#85,065 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
396k
0255075100
Same streetBottom 42%Same areaBottom 7%CitywideTop 39%
Same street · Charbonneau Crescent
#50 / 86
Bottom 42% · Avg 408.4k
Same area · Island Lakes
#1,981 / 2,119
Bottom 7% · Avg 494.7k
Citywide · Winnipeg
#76,517 / 194,458
Top 39% · Avg 390.1k

Year Built

above average
1985
0255075100
Same streetBottom 29%Same areaBottom 3%CitywideTop 29%

Lot Size

around average
5,039 sqft
0255075100
Same streetBottom 36%Same areaBottom 31%CitywideBottom 46%

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

87 Charbonneau Crescent — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 409 m), 1 parks (nearest 377 m).

Search radius
🍽️Dining1
🌳Parks1
Worship1

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 9/2021CA$400k–450k
Sold price

Same street

Top 38%

Same area

Bottom 32%

City-wide

Top 33%

Related homes

Highlights & common questions: 87 Charbonneau Crescent, Winnipeg

Property Overview: 87 Charbonneau Crescent, Island Lakes, Winnipeg

Key Characteristics & Appeal

This two-storey home on a quiet crescent in Island Lakes presents a practical and well-situated option. Built in 1985, it features 1,271 sqft of living space, a renovated basement, and an attached garage on a standard 5,039 sqft lot. Its core appeal lies in its position as a solid, average performer within its immediate neighborhood. The home's living area and assessed value are both squarely in the middle range for Charbonneau Crescent, suggesting it aligns with the local norm rather than standing out as oversized or over-improved. This can be an advantage for buyers seeking a home that is unlikely to be over-assessed relative to its neighbors.

The renovated basement adds functional living space, a key update for a home of this vintage. While the property is older than most in the broader Island Lakes area, it is newer than the Winnipeg city-wide average, offering a balance of established community maturity without some of the maintenance concerns of much older construction.

This property would suit first-time buyers or downsizers looking for a manageable, move-in-ready home in a mature suburban neighborhood. It’s also a sensible fit for value-conscious buyers who appreciate a home that is competitively positioned within its specific street and area, providing a stable foundation without premium pricing for extra size or a newer build date.

Frequently Asked Questions

1. How does this home compare in size and value to others nearby?
Within its immediate area on Charbonneau Crescent, this home is very typical. Its living space and assessed value both rank near the middle of the local pack, meaning it is neither the largest nor the smallest on the street, and is valued accordingly.

2. The home is older than many in Island Lakes. Is that a concern?
While it's true the 1985 build date is older than the neighborhood average, it is actually newer than the average home across Winnipeg. This suggests it benefits from an established, mature streetscape while potentially having updates (like the renovated basement) that more recent owners have addressed.

3. What is the exact prior sale price?
The public record shows a sale in September 2021 in the range of $338,500 to $341,500. For the precise, verified sale price, you can request it via email from the listing source; they provide this detail manually.

4. Is the lot size a pro or a con?
The lot is slightly smaller than the average for both the street and Island Lakes. This means lower maintenance, which is a plus for many, but may offer less private outdoor space than some other homes in the area.

5. Who would this property not be ideal for?
It may not suit buyers seeking a large, modern home built in the last two decades, or those wanting a property that significantly outperforms neighborhood averages in terms of size, newness, or assessed value. It’s a home that fits comfortably within its context rather than exceeding it.

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