10 Prairie Oaks Cove

Assiniboia Downs, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Larger but older than most nearby homes

2,373 sqft (top 30%) · Built in 2007 (2 yrs older than avg)

Located in a high-income area with median household income of ~109k

Transit 0.0

Living Area

Above average

7% larger than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 2%

Past 10 years Assiniboia Downs sales snapshot (~80% of all data)

Sold Count

52

Median price

940k

$/sqft

$470/sqft

Avg build year

2009

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Property score

89.4 is composed by the two sections below.

Property Score

95.2Excellent
Living Area96
2,373 sqftExcellent
Year Built90
2007Excellent
Lot Size100
21,562 sqftExcellent
Neighbourhood Sales Activity92
Excellent

Community Score

80.7Excellent
Household Income88
Excellent
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Assiniboia Downs

How to read: Share of sales in each ~$50k price band for “assiniboia downs” (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: #46111093

Community deep dive

$109K

Median household income

$147K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

23%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)1,236
Labour force participation rate70%
Median age46.4
Avg household size2.4
Unemployment rate8%
Population density245 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children28%
Median household income (2020)$109K

Housing

Renter households5%
Condominium dwellings48%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,373 sqft
0255075100
Same streetBottom 25%Same areaTop 30%CitywideTop 4%
Same street · Prairie Oaks Cove
#9 / 12
Bottom 25% · Avg 2,585 sqft
Same area · Assiniboia Downs
#36 / 121
Top 30% · Avg 2,212 sqft
Citywide · Winnipeg
#7,793 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.16M
0255075100
Same streetBottom 42%Same areaTop 15%CitywideTop 1%
Same street · Prairie Oaks Cove
#7 / 12
Bottom 42% · Avg 1.18M
Same area · Assiniboia Downs
#18 / 121
Top 15% · Avg 898.9k
Citywide · Winnipeg
#1,247 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2007
0255075100
Same streetBottom 42%Same areaBottom 12%CitywideTop 13%

Lot Size

Elite
21,562 sqft
0255075100
Same streetBottom 25%Same areaTop 15%CitywideTop 1%

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

Search radius
No data within 500 m.

Crime & Safety

Assiniboia Downs · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-88%

vs. prior year

Primary type

Property

75%

Sales History

Sold 5/2021CA$1.15M–1.2M
Sold price

Same street

Bottom 1%

Same area

Top 15%

City-wide

Top 1%

Related homes

Highlights & common questions: 10 Prairie Oaks Cove, Winnipeg

Property Overview

This one-storey home in Assiniboia Downs presents a compelling blend of space, privacy, and modern updates. Its standout feature is the exceptionally large, half-acre lot (21,562 sqft), which places it in the top 1% for land size in Winnipeg. This isn't just a big yard; it's a rare canvas for gardening, recreation, or future expansion, offering a level of seclusion uncommon in the city. The home itself is spacious (2,373 sqft) and includes practical, family-friendly features like a renovated basement, an attached garage, and a pool. Built in 2007, it strikes a balance between being modern enough to avoid major aging concerns while being established in a mature neighbourhood.

The appeal here is multifaceted. For families or entertainers, the pool and vast private grounds are a major draw. The single-storey layout suits those seeking accessibility or simply preferring all living space on one level. Interestingly, the home's assessed value is significantly lower than what its lot size and amenities might suggest, potentially offering value in a premium category. This property would best suit buyers who prioritize outdoor space and privacy over a brand-new build, and who see the potential in a home that offers both ready-to-use amenities and a blank-slate yard for personal projects.


Frequently Asked Questions

1. Is the pool an asset or a liability?
While a clear luxury for summer enjoyment, a pool requires ongoing maintenance and carries seasonal operating costs. It's a valuable feature for the right buyer but should be factored into the annual budget.

2. How does the assessed value compare to the likely selling price?
The current assessed value is $115.60k, but the home last sold for $117.10k in 2021. In Winnipeg's market, especially for unique properties with large lots, the selling price is often determined by current demand and can be significantly higher than the assessed value, which is used for tax purposes.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should clarify whether this is a full legal suite, a modern rec room, or updated essentials like flooring and drywall.

4. Are there any concerns with a 2007 build?
Homes from this era are generally modern in layout and systems. The key is to verify the condition of major components like the roof, HVAC, and exterior finishes, which may be nearing their typical lifespans and due for inspection or maintenance.

5. What is the neighbourhood character like?
Located in Assiniboia Downs, the property is in a quiet, established area. The lot rankings show it's among the larger properties on its street and in the wider neighbourhood, suggesting a setting with more space between homes compared to newer subdivisions.