75.9
Good
Property score
75.9
Good
Overall 75.9
Smaller than most nearby homes
1,272 sqft (bottom 18%)
Built in 1989 (6 yrs older than avg)
Located in a high-income area
with median household income of ~122k
Transit 64.0
5-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
22% 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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75.9 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
98 Quayside Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 365 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 19% | Bottom 49% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 98 Quayside Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home in Island Lakes presents a practical and comfortable living option. Built in 1989, it is notably newer than many city-wide comparables. With 1,272 sqft of living space and a renovated basement, it offers functional space for a small family or couple. The attached garage and a land area just over 5,300 sqft are consistent with the neighbourhood standard.
Its primary appeal lies in its position as a solid, mid-range property within a well-established area. The home doesn’t stand out for extreme size or luxury, but rather for its relative modernity on the street and its recent basement update. The assessed value suggests it is priced accessibly for the Island Lakes community, potentially offering an entry point into this desirable neighbourhood.
This property would best suit first-time buyers or downsizers seeking a low-maintenance home in a mature area with park-like surroundings. It’s a match for those who value a renovated basement for extra living space and prefer a home that is newer than many in the wider city, without being a major fixer-upper.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,272 sqft, the living area is slightly above the average for Quayside Cove itself, but below the average for the broader Island Lakes neighbourhood. This indicates it’s a reasonably sized home on its street, but more compact compared to many others in the area.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is one data point. Notably, the last recorded sold price range (2022) is close to the current assessed value, which can suggest stability, but the final market price will depend on current conditions, the home’s interior condition, and buyer demand.
3. What does the "newer" build year mean for a buyer?
Built in 1989, this home is newer than 77% of comparable homes city-wide. Practically, this can mean updates to major systems (like electrical or plumbing) may have occurred more recently than in a pre-1970s home, though a thorough inspection is still essential.
4. What is the significance of the renovated basement?
A renovated basement immediately adds usable living space without the need for a future project. It’s important to clarify the scope and quality of the renovation, check for proper permits, and ensure it is adequately insulated and moisture-protected.
5. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request this information directly by email from the source, which will provide the precise figures from their records.
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