Property score
82.1
Excellent
Overall 82.1 · Newer than most nearby homes
1,521 sqft (bottom 36%) · Built in 2004 (9 yrs newer than avg)
Located in a high-income area with median household income of ~148k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Below average
7% smaller 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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82.1 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
92 Frigate Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 276 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 47% | Top 50% | Top 25% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 35% | Bottom 34% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 92 Frigate Bay, Island Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a well-positioned, early-2000s cabover with an attached garage and a renovated basement. Its key appeal lies in its balance of space, modernity, and location. At 1,521 sq ft of living area, it offers above-average space citywide but feels more modest within the Island Lakes neighbourhood, suggesting a efficient, manageable layout rather than an oversized one. The 2004 build date means it’s newer than most Winnipeg homes, likely featuring modern construction standards without the concerns of much older properties.
The property’s strength is its consistent above-average rankings citywide for size, assessed value, and age. It’s a home that stands out compared to the broader city market but integrates seamlessly into its established, desirable neighbourhood. The renovated basement adds immediate functional living space without the need for a major project.
This home would suit practical buyers looking for a move-in-ready property in a mature community. It’s ideal for small families, professionals, or downsizers who want a newer build with low-maintenance appeal, a finished basement for extra room, and the stability of a sought-after area like Island Lakes. It represents a solid, middle-ground option—not the largest or most expensive on the street, but a comfortable and competitively positioned home.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
While its living space is above the Winnipeg average, it is slightly below the average for Frigate Bay and Island Lakes specifically. This indicates a efficient, potentially more manageable home within a neighbourhood of generally larger properties.
2. What does the assessed value tell me about the property?
The assessed value is around average for its immediate street and neighbourhood but places in the top 20% citywide. This suggests a strong valuation foundation compared to the entire city, while being priced consistently within its local market.
3. Is the 2004 build date an advantage?
Yes. The home is newer than approximately 85% of properties in Winnipeg and 85% in Island Lakes. This typically translates to more modern building materials, electrical systems, and layouts, potentially reducing immediate repair needs compared to older stock.
4. What is the lot size like?
At just over 5,300 sq ft, the lot is fairly typical for the area. It’s not among the largest, but it provides standard suburban outdoor space without excessive maintenance demands.
5. Where can I find exact historical sale prices?
The provided sales data shows estimated price ranges. To obtain the precise sale prices from 2016 and 2020, you can request them via email from the listing source, which provides this detail manually.
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