95 Captains Way

Island Lakes, Winnipeg

Property score

80.8

Excellent

Overall 80.8 · Newer than most nearby homes

1,516 sqft (bottom 36%) · Built in 2006 (11 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

Below average

7% smaller than neighborhood avg.

Year Built

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 64%French · 6%

Past 10 years Island Lakes sales snapshot (~80% of all data)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

80.8 is composed by the two sections below.

Property Score

75.0Good
Living Area1,516 sqft79Good
Year Built200690Excellent
Lot Size4,405 sqft53Fair
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111206

Community deep dive

$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

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,516 sqft
0255075100
Same streetBottom 17%Same areaBottom 36%CitywideTop 29%
Same street · Captains Way
#33 / 40
Bottom 17% · Avg 1,788 sqft
Same area · Island Lakes
#1,363 / 2,119
Bottom 36% · Avg 1,635 sqft
Citywide · Winnipeg
#57,343 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
491k
0255075100
Same streetBottom 27%Same areaTop 46%CitywideTop 21%
Same street · Captains Way
#29 / 40
Bottom 27% · Avg 518.1k
Same area · Island Lakes
#976 / 2,119
Top 46% · Avg 494.7k
Citywide · Winnipeg
#41,318 / 194,458
Top 21% · Avg 390.1k

Year Built

Elite
2006
0255075100
Same streetTop 3%Same areaTop 5%CitywideTop 14%

Lot Size

around average
4,405 sqft
0255075100
Same streetBottom 30%Same areaBottom 10%CitywideBottom 33%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

95 Captains Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 230 m), 2 parks (nearest 352 m).

Search radius
🏫Education1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 2/2025CA$500k–550k
Sold price

Same street

Top 38%

Same area

Top 22%

City-wide

Top 14%

Related homes

Highlights & common questions: 95 Captains Way, Winnipeg

Property Overview: 95 Captains Way, Island Lakes

Key Characteristics & Appeal

This 2006-built, 1,516 sqft cabover-style home in Island Lakes offers a practical and modern living space. Its key features include a renovated basement and an attached garage. The home’s primary appeal lies in its relative newness compared to the broader Winnipeg market, positioning it as a well-maintained, turn-key property in a mature neighbourhood. The living space is efficient and above the city-wide average, though it is slightly more compact than many immediate neighbours on Captains Way.

The property would suit first-time buyers or downsizers seeking a low-maintenance home without major renovation needs. Its assessed value is very competitive for the area, suggesting good value within Island Lakes itself. A thoughtful perspective is that while the lot is smaller than the neighbourhood average, this translates to less yard upkeep, which can be a bonus for buyers prioritizing indoor living space and convenience over extensive outdoor space. The home represents a solid, middle-ground option: not the largest on its street, but newer than most and positioned in a stable, established community.

Frequently Asked Questions

1. How does the home’s size compare to others in the area?
At 1,516 sqft, the living area is above the Winnipeg city average but slightly below the average for Island Lakes and for Captains Way specifically. This indicates a efficient, manageable floor plan within a neighbourhood of generally larger homes.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value is a municipal valuation for tax purposes. While it provides a benchmark, the final sale price is determined by the market. Recent nearby sales data should be consulted for a more accurate picture.

3. What are the benefits of the home’s newer construction (2006)?
A 2006 build typically means modern building codes, newer major systems (like plumbing and electrical), and potentially fewer immediate repair concerns compared to much older Winnipeg homes, which often date from the mid-20th century.

4. The lot is noted as smaller than the Island Lakes average. What does this mean?
The 4,405 sqft lot is below the neighbourhood average but close to the city-wide average. This means a more manageable yard for maintenance, but potentially less private outdoor space compared to some other homes in Island Lakes.

5. What is a “cabover” building type?
A cabover design typically features a second story that extends over part of the first-floor footprint, often creating a distinctive street-front appearance. It’s a common architectural style in many suburban neighbourhoods built in the last few decades.

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