Property score
80.5
Excellent
Overall 80.5 · Older than most nearby homes
1,619 sqft (bottom 48%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 3 parks nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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80.5 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: #46110514
$106K
Median household income
$129K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
31%
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
97 Tidal Cove — 4 amenities found within 500 m, across 2 categories, including 1 dining (nearest 203 m), 3 parks (nearest 403 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 17% | Top 26% | Top 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Bottom 42% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 97 Tidal Cove, Island Lakes
Section 1: Key Characteristics & Appeal
This two-storey home in the established Island Lakes neighbourhood presents a practical and comfortable living space. Its key features include 1,619 sqft of living area, an attached garage, and a renovated basement, adding valuable functional space. Built in 1986, the home is part of a mature community with settled landscaping and a sense of permanence.
The appeal lies in its balanced position. The living space is above the city-wide average, offering good room for a family, while its assessed value sits comfortably in the middle range for its immediate area. This suggests a home that is both sizable and reasonably positioned in the market. The renovated basement is a significant plus, offering immediate move-in comfort without a pending project. A thoughtful perspective is the lot size: at 5,545 sqft, it is smaller than many on its own street, which could mean less yard maintenance—a potential benefit for buyers seeking a manageable outdoor space without sacrificing interior room.
This property would suit first-time buyers or growing families looking for a turn-key home in a well-known neighbourhood. It’s also a sensible fit for value-conscious buyers who prioritize updated living space over having the largest lot on the block.
Section 2: Frequently Asked Questions
1. How does this home compare in size and value to others nearby?
The home’s living area is slightly larger than the average for Tidal Cove, while its assessed value is very close to the street average. This indicates you’re getting a bit more house for a typical price in this specific location.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. We recommend this be a key point of inquiry during a viewing to understand the quality and functionality of the space.
3. The lot is noted as smaller than others on the street. How does this impact the property?
The lot is under 6,000 sqft, which is below the street average. In practice, this likely means a more manageable backyard, potentially with less maintenance. It’s a trade-off that prioritizes interior space and ease of upkeep over extensive private outdoor space.
4. What is the typical price trend for this home?
Based on available data, the home sold previously in 2021 and 2024, showing appreciation in that period. For the exact sale prices to understand the trend fully, you can request the detailed history via the provided email service.
5. Is the 1986 build date a concern?
The home is 40 years old, which is older than the average in Island Lakes but newer than the average Winnipeg home. This age means major components like the roof, windows, and HVAC may be at or nearing their typical lifespans, so a thorough inspection is advised. Conversely, homes of this era in established neighbourhoods are often on mature lots with larger trees.
