Property score
63.7
Fair
Overall 63.7 · Smaller than most nearby homes
890 sqft (bottom 1%) · 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
46% 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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63.7 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: #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
91 Quayside Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 385 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 42% | Top 21% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 91 Quayside Cove, Island Lakes, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This one-storey home at 91 Quayside Cove is a compact, 890 sqft bungalow built in 1988, featuring an attached garage and a renovated basement. Its appeal lies in its efficient, single-level layout and its position within the established, family-friendly Island Lakes neighbourhood. The lot is a standard size for the area at just over 5,300 sqft.
The home’s standout characteristic is its value proposition. While its living space is notably smaller than most comparable homes on its street and in Winnipeg overall, its assessed value aligns more closely with city-wide averages. This suggests the potential for a lower entry price into a desirable area, with the renovated basement adding functional space. It would suit first-time buyers, downsizers, or investors seeking an affordable foothold in a mature neighbourhood without the maintenance of a larger property. The appeal is practical: a manageable home in a good location, where your investment is primarily in the community and land, rather than in excessive square footage.
Section 2: Frequently Asked Questions
1. Is the living area too small for a family?
At 890 sqft above grade, it is compact. However, the renovated basement significantly increases the usable living space, making it more functional for a small family or couple than the main floor square footage alone suggests.
2. How does the assessed value compare to the likely selling price?
The home last sold in mid-2022 for an estimated $44.5K-$47.5K, which was notably lower than the assessed values of comparable homes at the time. Its current assessed value of $37.8K is around average for its street. This history indicates it may trade at a value-focused price point relative to other area homes.
3. What are the benefits of a one-storey home like this?
The bungalow style offers easy, accessible living—a major plus for aging in place or for those who prefer to avoid stairs. It often also means a simpler roof structure and exterior maintenance.
4. The home is older; will it need major updates?
Built in 1988, it is of an age where core components like the roof, windows, and major systems may be reaching or have passed their typical lifespan. A thorough inspection is advised, though the basement renovation is a recent positive update.
5. How does this property rank within Island Lakes?
The data shows it ranks in the top 99% for neighbourhood value, meaning its assessed value is lower than nearly all (2,044 out of 2,119) comparable homes in Island Lakes. This underscores its position as a more affordable option within this community.
