402-388 Pipeline Road

Built 2023Living Area 1,511 sqft
Sale History
SOLDin Jan 2025
370K±5,000
Tax Assessment
395k(prev. 340k)
+55k(+16.2%)
DateSold PriceNeighbourhood
2025-01Sold370K±5,0001/7

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average1,511 sqft · top 8% in area · built 2023 · 5 yrs newer than avg
$
High-income areaMedian household income ~$123K · top tier income demographics
4-min walk to transit4 nearby routes · score 86/100
Score

Property score

Overall score
86Excellent
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
84
Good
Living area
79
Year built
100
Sales activity
53
Community Score
88.9
Excellent
Income
91
Education
91
Housing
74
Core need
88
Employment
90
Rankings

How it stacks up

Each metric compared against 117 homes on Pipeline Road, 364 in Amber Trails, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
1,511 sqft
ABOVE AVERAGE
StreetTop 1%AreaTop 8%CityTop 8%
Same street
Top 1%
#1 / 117
Same area
Top 8%
#29 / 364
Citywide
Winnipeg
Top 8%
#2,235 / 26,841
Tax-Assessed Value
395 k
NEAR AVERAGE
StreetTop 28%AreaTop 23%CityTop 16%
Same street
Top 28%
#33 / 117
Same area
Top 23%
#85 / 364
Citywide
Winnipeg
Top 16%
#4,237 / 26,841
Year Built
2023
ABOVE AVERAGE
StreetTop 1%AreaTop 1%CityTop 1%
Same street
Top 1%
#1 / 117
Same area
Top 1%
#1 / 364
Citywide
Winnipeg
Top 1%
#379 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
402-388 Pipeline Road: Living Area Analysis

Street Level (Pipeline Road): Above Average. Ranked #1 out of 117 (Top 1%). The street average for comparable homes is 1,272 sqft.

Neighborhood Level (Amber Trails): Above Average. Ranked #29 out of 364 (Top 8%). The neighborhood average for comparable homes is 1,196 sqft.

Citywide Level (Winnipeg): Above Average. Ranked #2,235 out of 26,841 (Top 8%). The citywide average for comparable homes is 1,042 sqft.

402-388 Pipeline Road: Tax-Assessed Value Analysis

Street Level (Pipeline Road): Around Average. Ranked #33 out of 117 (Top 28%). The street average for comparable homes is 372.4k.

Neighborhood Level (Amber Trails): Around Average. Ranked #85 out of 364 (Top 23%). The neighborhood average for comparable homes is 366.4k.

Citywide Level (Winnipeg): Above Average. Ranked #4,237 out of 26,841 (Top 16%). The citywide average for comparable homes is 276.9k.

402-388 Pipeline Road: Year Built Analysis

Street Level (Pipeline Road): Above Average. Ranked #1 out of 117 (Top 1%). The street average for comparable homes is 2022.

Neighborhood Level (Amber Trails): Above Average. Ranked #1 out of 364 (Top 0%). The neighborhood average for comparable homes is 2018.

Citywide Level (Winnipeg): Above Average. Ranked #379 out of 26,841 (Top 1%). The citywide average for comparable homes is 1990.

Market

Amber Trails market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
273
last 14 years
Median price
320k
14-year area median
Price per sqft
$311/sqft
area average
Avg build year
2018
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “amber trails” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46111223 · Statistics Canada 2021 Census · Population 994
994
Population (2021)
36.0
Median age
3.4
Avg household size
3,976 / km²
Population density
Distribution by household income band
35k-40k
2%
40k-45k
2%
45k-50k
2%
50k-60k
4%
60k-70k
7%
70k-80k
5%
80k-90k
7%
90k-100k
7%
100k-125k
16%
125k-150k
18%
150k-200k
19%
200k plus
12%
$123K
Median household income
$130K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
11%
Single-person households
44%
Families with children
78%
Labour participation
4%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

402-388 Pipeline Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 310 m), 1 parks (nearest 353 m).

Search radius
🏫Education1
🌳Parks1

Crime & safety

Amber Trails · WPS public data
Full crime data →
Annual incidents
13
2026
vs. city average
-56%
▲ relative to avg
Year-over-year
▼ -90%
vs. prior year
Primary type
Violent
46% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
wednesday
Recycling
wednesday
Yard waste
wednesday a

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 402-388 Pipeline Road. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview

This is a modern, low-maintenance condo unit in the popular Amber Trails neighbourhood. Built in 2023, it offers a turn-key living experience in a newer building. The appeal lies in its contemporary construction, desirable location within a family-friendly community, and the convenience of condo living without exterior upkeep. It would suit first-time homebuyers, young professionals, or downsizers seeking a modern home in a well-regarded area without the responsibilities of a detached house.

Key Characteristics & Target Buyer

  • Modern & Move-In Ready: As a 2023 build, this home is essentially new, offering modern finishes, building codes, and systems, minimizing immediate repair concerns.
  • Location & Community: Situated in Amber Trails, it provides access to the neighbourhood's parks, pathways, and amenities. The data indicates its value and newness rank exceptionally high within both the immediate area and the wider city.
  • Low-Maintenance Living: With no private garage or yard maintenance, it caters to those seeking a simpler, lock-and-leave lifestyle.
  • Space Considerations: At 1,511 sqft, the living area is spacious for a condo but ranks as more average compared to other homes in Winnipeg, suggesting a efficient use of space rather than sprawling square footage.
  • Investment in Growth: The recent sale price (1/2025) of $376k is notably higher than its $340k assessed value, reflecting strong current market demand for newer properties in this area.

This property is an ideal fit for:

  • First-time buyers wanting a modern home in a top-ranked neighbourhood without the upkeep of a older house.
  • Active individuals or busy professionals who prioritize location and convenience over yard work.
  • Downsizers looking to stay in a sought-after community with less physical maintenance.

Frequently Asked Questions

1. What are the condo fees and what do they cover?
The provided data does not include monthly condo fee information. This is a critical next question for your real estate agent to ask, as fees cover shared expenses like building insurance, common area maintenance, exterior upkeep, and reserve funds.

2. Is this a pet-friendly building?
The listing details do not specify pet policies. Building regulations on pets, including any restrictions on size, breed, or number, must be verified directly with the condo corporation.

3. How does the recent sale price compare to the assessed value?
The home sold for approximately $36,000 above its municipal assessed value. This is common for newer, desirable properties and often reflects current market conditions rather than the tax-assessment valuation, which can lag behind.

4. What amenities are within the building or complex?
The listing does not detail building amenities (e.g., guest suite, gym, communal space). The "no pool" note indicates at least one common feature it lacks. Your agent can inquire about any others that may be included.

5. What is the parking situation?
The listing specifies "Garage: None," meaning there is no private garage. There is likely assigned surface or underground parking, and potentially visitor parking. The exact setup and number of stalls should be confirmed.