Property score
82.5
Excellent
Overall 82.5 · Newer than most nearby homes
1,601 sqft (bottom 45%) · Built in 2005 (10 yrs newer than avg)
Located in a high-income area with median household income of ~141k
Transit 42.0 · 11-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Above average
10 yrs newer 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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82.5 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
94 Captains Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 177 m), 2 parks (nearest 360 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 46% | Top 24% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 94 Captains Way, Island Lakes
Key Characteristics & Appeal
This two-storey home in the established Island Lakes neighbourhood presents a practical and comfortable living space. Built in 2005, it offers modern construction without the premium of a brand-new build. The 1,601 sqft living area is efficiently sized, feeling spacious compared to the Winnipeg average but modest within its own immediate area—a sensible layout for daily living without excessive upkeep. A key feature is the renovated basement, adding valuable finished space. The home sits on a standard city lot, providing typical outdoor space for the area.
Its primary appeal lies in its balance and established setting. For buyers, it represents a solid, move-in-ready home in a mature neighbourhood with proven amenities. It particularly suits first-time buyers or downsizers seeking a manageable property without major renovations, or investors attracted by its recent sale history and steady assessed value. A thoughtful perspective is that while it may not lead its street in size or value, its "above average" standing city-wide suggests a reliable investment in Winnipeg's broader market—a home that offers stability and community roots over flashy specs.
Frequently Asked Questions
1. How does this home compare to others on Captains Way?
The home is fairly typical for the street. Its living space is near the street average, though it is on a slightly smaller lot and has a lower assessed value than many direct neighbours. This could indicate a value opportunity or reflect the specific features of the home.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality of the renovation and how the space can be used.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value for municipal taxes ($47,500) is consistently below recent sale price estimates ($49,500k - $52,500k in 2023). Market conditions, the renovated basement, and interior condition will have a greater influence on the final sale price.
4. What are the benefits of the 2005 build year?
A 2005 build means major components like the roof, windows, and HVAC system are likely still within or approaching their typical lifespan, potentially deferring major replacement costs for several years compared to an older home.
5. How does the lot size impact the property?
At 4,679 sqft, the lot is smaller than the Island Lakes average. This may mean less private backyard space but also translates to less maintenance. It's a practical size for a patio, garden, and play area without being overwhelming.
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