Property score
85.7
Excellent
Overall 85.7 · Newer than most nearby homes
1,904 sqft (top 39%) · Built in 2013 (5 yrs newer than avg)
Located in a high-income area with median household income of ~116k
Transit 56.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, and 6 parks nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
Punjabi · 43%English · 27%
Past 10 years Amber Trails sales snapshot (~80% of all data)
487
628.3k
$330/sqft
2008
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85.7 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111220
$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
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
46 Gemstone Cove — 7 amenities found within 500 m, across 2 categories, including 1 education (nearest 183 m), 6 parks (nearest 301 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Top 45% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
46 Gemstone Cove is a well-maintained, modern family home in the Amber Trails neighbourhood. Built in 2013, it offers nearly 1,904 sqft of living space on a generous 5,131 sqft lot, with an attached garage and a renovated basement. Its appeal lies in its balance of contemporary comforts, established community, and strong value indicators. The home suits first-time buyers seeking a move-in-ready property, growing families looking for space both inside and out, and value-conscious buyers who appreciate a home with recent updates and a solid standing relative to its peers.
Key Characteristics & Ideal Buyer
This home’s key characteristics include its modern age (2013), which means major systems are likely still in good condition, and its renovated basement, which adds immediate functional space. The lot size is notably above average for the street, offering more outdoor room than many neighbouring properties.
Its appeal is grounded in proven stability and quiet value. While not the largest home on the block, it ranks highly for its newer build year and assessed value within its immediate area, suggesting it is a well-regarded property in a desirable pocket of Amber Trails. The significant jump in assessed value since its last sale in 2019 also indicates solid appreciation.
This property would best suit practical buyers who prioritize a move-in-ready condition without needing immediate updates. It’s ideal for those who value a larger private yard in a newer subdivision and appreciate a home that compares favourably in key metrics like age and value against its direct neighbours and the wider city.
Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a strong position. It’s in the top third for lot size, is one of the newer homes on the street (top 8%), and has one of the highest assessed values on the block (top 13%).
2. What does the “renovated basement” typically include?
While specifics should be verified, a renovated basement in a home of this age usually means finished living space—likely including drywall, flooring, ceilings, and proper lighting—making it suitable for a family room, home office, or additional bedrooms.
3. The home sold in 2019 for $50,500k, but is now assessed at $63.70k. What does this mean?
This shows a significant increase in its municipal assessed value over a few years, reflecting strong market appreciation for the property and area. It’s important to note that assessed value is used for tax purposes and is not a direct market price, but the trend is positive.
4. Is the Amber Trails neighbourhood established?
Yes. With homes dating back to around 2013, the neighbourhood is past the initial construction phase. Landscaping and community amenities are settled, offering a more mature feel than brand-new developments while still being modern.
5. Who might this home not suit?
Buyers seeking a brand-new build with builder warranties, those wanting a swimming pool, or investors looking for a property with a basement suite (as there’s no mention of a separate entrance or kitchen) may find other properties a better fit.
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