14 Grey Oaks Cove

Assiniboia Downs, Winnipeg

Property score

88.4

Excellent

Overall 88.4 · Newer than most nearby homes

2,100 sqft (top 50%) · Built in 2010 (1 yr newer than avg)

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

Transit 40.0 · 17-min walk to transit with 1 nearby route · Within 500m: 1 park, and 2 place of worships nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer 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

88.4 is composed by the two sections below.

Property Score

93.6Excellent
Living Area2,100 sqft94Excellent
Year Built201090Excellent
Lot Size11,242 sqft97Excellent
Neighbourhood Sales Activity92Excellent

Community Score

80.7Excellent
Household Income88Excellent
Education Level54Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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

above average
2,100 sqft
0255075100
Same streetTop 33%Same areaTop 50%CitywideTop 8%
Same street · Grey Oaks Cove
#4 / 12
Top 33% · Avg 1,914 sqft
Same area · Assiniboia Downs
#61 / 121
Top 50% · Avg 2,212 sqft
Citywide · Winnipeg
#16,521 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
815k
0255075100
Same streetTop 17%Same areaBottom 48%CitywideTop 2%
Same street · Grey Oaks Cove
#2 / 12
Top 17% · Avg 729.2k
Same area · Assiniboia Downs
#63 / 121
Bottom 48% · Avg 898.9k
Citywide · Winnipeg
#4,117 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 17%Same areaTop 10%CitywideTop 11%

Lot Size

Elite
11,242 sqft
0255075100
Same streetBottom 1%Same areaBottom 4%CitywideTop 4%

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

14 Grey Oaks Cove — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 383 m).

Search radius
🌳Parks1
Worship2

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 12/2021CA$800k–850k
Sold price

Same street

Top 25%

Same area

Top 44%

City-wide

Top 2%

Related homes

Highlights & common questions: 14 Grey Oaks Cove, Winnipeg

Property Overview: 14 Grey Oaks Cove

This well-situated family home in Assiniboia Downs presents a compelling blend of space, location, and established value. Built in 2010, it offers modern living on a generous, private lot.

Key Features & Ideal Buyer

The home’s primary appeal lies in its substantial 11,242 sqft lot, which ranks in the top tier for size both on its street and within the wider neighbourhood. This creates rare potential for outdoor living, gardening, or future expansion. With 2,100 sqft of living space and a renovated basement, it provides ample room for a growing or multi-generational family. The attached garage and single-storey layout add practical, accessible living.

Its value proposition is underscored by strong historical data: it last sold for a premium above its assessed value in late 2021, and its assessed value ranks in the top 2% of Winnipeg, indicating a property that has consistently held its worth. This isn't just a home; it's a long-term holding in a quiet cul-de-sac setting.

This property would best suit buyers seeking a established, move-in ready home on one of the area's largest lots, who value both indoor space and outdoor privacy. It’s ideal for those looking for a stable investment in a mature neighbourhood, away from new construction but with modern amenities.

Frequently Asked Questions

Q: How does the lot size compare to typical properties in Winnipeg?

A: Exceptionally well. The lot is in the top 4% of all Winnipeg properties for size, offering a level of yard space that is increasingly rare.

Q: The home was built in 2010. What does that mean for maintenance?

A: As a 16-year-old home, major systems like roofing, windows, and HVAC are likely original but entering a phase where proactive inspection and potential future replacement should be budgeted for, balancing modern efficiency with upcoming lifecycle updates.

Q: The assessed value seems low relative to the last sale price. Why?

A: Municipal assessed value for taxation purposes often lags behind market value. The fact it sold for $83.5k against an $81.5k assessment in 2021 suggests the market recognized a premium, likely for its prime lot and condition.

Q: What is the significance of the "renovated basement"?

A: While specifics aren't listed, a renovated basement in a 2010 home typically means added, modern living space—such as a family room, bedroom, or suite—that is immediately usable and adds significant functional square footage.

Q: The home ranks highly for value but mid-range for year built on its street. What does this indicate?

A: It suggests the street is a mix of older and newer homes. This property offers a newer construction date than most in Winnipeg, but on its own block, it may be among the newer homes, indicating a well-established, stable community.

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