41 Gemstone Cove

Amber Trails, Winnipeg

Property score

86.4

Excellent

Overall 86.4 · Newer than most nearby homes

1,950 sqft (top 34%) · Built in 2012 (4 yrs newer than avg)

Located in a high-income area with median household income of ~116k

Transit 62.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 4 parks nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

Punjabi · 43%English · 27%

Past 10 years Amber Trails sales snapshot (~80% of all data)

Sold Count

487

Median price

628.3k

$/sqft

$330/sqft

Avg build year

2008

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Property score

86.4 is composed by the two sections below.

Property Score

87.8Excellent
Living Area1,950 sqft92Excellent
Year Built201294Excellent
Lot Size5,562 sqft74Good
Neighbourhood Sales Activity53Fair

Community Score

84.3Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress63Fair
Core Housing Need76Good
Employment Health90Excellent

Neighbourhood Sales

Amber Trails

How to read: Share of sales in each ~$50k price band for “amber trails” (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: #46111220

Community deep dive

$116K

Median household income

$125K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

4%

Single-person households

48%

Families with children

Population, labour & age

Population (2021)3,435
Labour force participation rate79%
Median age30.6
Avg household size4.1
Unemployment rate7%
Population density2525 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households4%
Couple families with children48%
Median household income (2020)$116K

Housing

Renter households30%
Condominium dwellings3%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)57%
Visible minority91%
Bachelor's or higher (25–64)49%
Mother tongue (1st)Punjabi · 42%
Mother tongue (2nd)English · 26%

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

Rankings

Living Area

above average
1,950 sqft
0255075100
Same streetTop 50%Same areaTop 34%CitywideTop 12%
Same street · Gemstone Cove
#12 / 24
Top 50% · Avg 1,905 sqft
Same area · Amber Trails
#606 / 1,760
Top 34% · Avg 1,831 sqft
Citywide · Winnipeg
#23,572 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
598k
0255075100
Same streetTop 42%Same areaTop 23%CitywideTop 8%
Same street · Gemstone Cove
#10 / 24
Top 42% · Avg 581.8k
Same area · Amber Trails
#402 / 1,760
Top 23% · Avg 561.8k
Citywide · Winnipeg
#15,687 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
2012
0255075100
Same streetTop 13%Same areaTop 30%CitywideTop 10%

Lot Size

above average
5,562 sqft
0255075100
Same streetTop 29%Same areaTop 48%CitywideTop 41%

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

41 Gemstone Cove — 5 amenities found within 500 m, across 2 categories, including 1 education (nearest 125 m), 4 parks (nearest 246 m).

Search radius
🏫Education1
🌳Parks4

Crime & Safety

Amber Trails · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Violent

46%

Sales History

Sold 9/2024CA$650k–700k
Sold price

Same street

Top 17%

Same area

Top 4%

City-wide

Top 4%

Related homes

Highlights & common questions: 41 Gemstone Cove, Winnipeg

Property Overview & Key Characteristics

This well-situated home at 41 Gemstone Cove in Amber Trails presents a compelling blend of space, modernity, and established value. Built in 2012, it offers nearly 2,000 sqft of living space on a generous 5,562 sqft lot, with key features including an attached garage and a renovated basement. Its appeal lies in its strong positional metrics: it ranks highly for its newer age and above-average lot size within its immediate street and the wider Winnipeg area. The recent sale price of $66.50k significantly surpasses its assessed value, indicating strong market demand and perceived worth.

The property suits buyers looking for a move-in ready home in a established, family-friendly neighbourhood without the premium of a brand-new build. It’s particularly well-matched for those who value extra outdoor space and the potential of a finished basement for growing families or hosting. A thoughtful perspective is its appeal to value-conscious buyers who appreciate a home that has already demonstrated considerable equity growth, as evidenced by the sale history, suggesting a sound investment in a stable community.


Frequently Asked Questions

1. How does the recent sale price compare to similar homes?
The home sold for $66.50k, which places it in the top 5% of recent sales in the Amber Trails neighbourhood for value, indicating it commanded a strong price relative to its peers.

2. Is the house older or newer than most in the area?
Built in 2012, it is newer than approximately 89% of homes in Winnipeg and ranks in the top 13% for age on its specific street, making it a relatively modern property in a broader context.

3. What does the lot size mean for potential buyers?
At 5,562 sqft, the lot is larger than 71% of others on Gemstone Cove. This offers more private outdoor space than typical for the street, which is a notable advantage for gardening, play, or entertainment.

4. How does the assessed value relate to the sale price?
The assessed value is $59.80k, while the sale price was $66.50k. This difference is common and reflects the current market value determined by buyer competition, which in this case was significantly higher than the municipal assessment.

5. Are the property taxes likely to be high?
While property taxes are based on the assessed value, the sale price suggests the home is in high demand. Buyers should be aware that municipal assessments can be adjusted following a sale, so future tax bills may be recalibrated closer to the market value.

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