Property score
78.5
Good
Overall 78.5 · Smaller than most nearby homes
1,471 sqft (bottom 29%) · Built in 1989 (6 yrs older than avg)
Located in a high-income area with median household income of ~122k
Transit 64.0 · 6-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
10% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 74%French · 7%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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78.5 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: #46111212
$122K
Median household income
$146K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
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
94 Quayside Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 377 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 29% | Bottom 45% | Top 28% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Bottom 9% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 94 Quayside Cove, Island Lakes
Key Characteristics & Appeal
This two-storey home in Island Lakes offers a renovated basement and an attached garage. Built in 1989, it presents a balanced profile within its context. The living space (1,471 sq ft) is notably above average for its immediate street, ranking in the top 22% of Quayside Cove, while the assessed value also sits above the local street average. This suggests a well-maintained or updated property relative to its closest neighbors. The lot size (4,835 sq ft) is more compact compared to others on the street and in the Island Lakes area, which may appeal to those seeking a manageable yard.
The primary appeal lies in its position as a solid, established home in a mature neighborhood. It suits buyers looking for a move-in-ready property with recent updates (as indicated by the renovated basement) who value a strong standing within their immediate micro-area over having the largest lot on the block. It’s a practical choice for small families, professionals, or downsizers seeking the amenities and greenery of Island Lakes without the upkeep of an expansive yard. A thoughtful perspective is that this home represents a "sweet spot" on its street—offering more interior space than many neighbors while carrying an assessment that reflects that desirability, potentially indicating good future resale value within the local context.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above average for Quayside Cove itself but below the average for the broader Island Lakes neighborhood. This often indicates a well-regarded property on its specific street, even if it’s priced modestly compared to some larger or newer homes in the wider area.
2. Is the lot size a disadvantage?
The lot is smaller than many in Island Lakes. This translates to less yard maintenance, which can be a benefit for many buyers. It’s worth considering how you intend to use outdoor space, as the patio and garden area will be more intimate.
3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. This would be a key detail to clarify with the seller or agent, as it could range from updated finishes to the addition of legal windows or a separate entrance.
4. The home was last sold in 2022. Why might it be back on the market?
A relatively quick resale isn’t inherently negative. It could be due to a change in the owner’s job, family circumstances, or a strategic investment flip. Reviewing the renovation details and requesting the full sale history can provide helpful context.
5. How does the age of the home (1989) factor in?
Built in 1989, this home is from an era where major systems like the roof, windows, and furnace may be nearing or have recently undergone replacement. It’s newer than the Winnipeg city average, but a thorough inspection is recommended to understand the condition and age of these key components.
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