Property score
70.9
Good
Overall 70.9 · Smaller than most nearby homes
1,068 sqft (bottom 5%) · Built in 1988 (7 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Below average
7 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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70.9 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 Quayside Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 396 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 33% | Bottom 5% | Top 50% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Bottom 3% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 87 Quayside Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 1988, offering 1,068 sqft of living space on a standard 5,385 sqft lot in the established Island Lakes neighbourhood. Its key characteristic is its solidly average positioning within its immediate area—its size, assessed value, and lot are all around the middle of the pack for Quayside Cove. This presents a clear appeal: it’s an entry-point into a desirable neighbourhood without the premium often attached to larger, updated homes. The renovated basement adds functional living space.
The property would suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature community with park-like settings and waterways. Its value lies in location rather than standout specs. A thoughtful perspective is that its "average" metrics on the street could mean less competition and more negotiation room compared to top-ranked homes, while still providing the same community benefits. It’s a practical choice for those prioritizing neighbourhood over a showpiece property.
Frequently Asked Questions
1. What is the exact recent sold price history?
The public data shows estimated sale ranges: approximately $30.5K–$33.5K in July 2017 and $31.5K–$34.5K in March 2020. For precise figures, you can request the exact sold price history via email from the listing source.
2. How does this home compare to others in Island Lakes?
Within the broader Island Lakes area, this home’s living space is notably below the neighbourhood average, placing it in the top 95% (meaning only 5% of homes are smaller). Its assessed value is also below the area average. This highlights it as one of the more compact and modestly valued options in the community.
3. Is there a garage or pool?
No, the property does not include a garage or a swimming pool.
4. What does the ranking "Top 68%" for Living Area on Quayside Cove mean?
It means that on its own street, approximately 68% of comparable homes have a smaller living area. So, while it’s below average for Island Lakes as a whole, it is actually above the median size for homes directly on Quayside Cove.
5. The assessed value seems low. Is that accurate?
The assessed value is listed at $39,600. The data indicates this is around average for the street but below average for Island Lakes. It’s important to note that municipal assessed value is for tax purposes and often differs from current market value. The recent sold price ranges provided offer a more current market perspective.
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