23 Hidden Oaks Cove

Assiniboia Downs, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger than most nearby homes

2,473 sqft (top 21%) · Built in 2009

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

Transit 0.0

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Near average

0 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

89.2 is composed by the two sections below.

Property Score

94.9Excellent
Living Area96
2,473 sqftExcellent
Year Built90
2009Excellent
Lot Size98
14,919 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
2,473 sqft
0255075100
Same streetTop 11%Same areaTop 21%CitywideTop 3%
Same street · Hidden Oaks Cove
#1 / 9
Top 11% · Avg 2,129 sqft
Same area · Assiniboia Downs
#25 / 121
Top 21% · Avg 2,212 sqft
Citywide · Winnipeg
#6,083 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
950k
0255075100
Same streetTop 11%Same areaTop 26%CitywideTop 1%
Same street · Hidden Oaks Cove
#1 / 9
Top 11% · Avg 769k
Same area · Assiniboia Downs
#31 / 121
Top 26% · Avg 898.9k
Citywide · Winnipeg
#2,411 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetTop 33%Same areaTop 37%CitywideTop 12%

Lot Size

Elite
14,919 sqft
0255075100
Same streetTop 33%Same areaBottom 45%CitywideTop 2%

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 4/2021CA$800k–850k
Sold price

Same street

Top 20%

Same area

Top 42%

City-wide

Top 1%

Related homes

Highlights & common questions: 23 Hidden Oaks Cove, Winnipeg

Property Overview

23 Hidden Oaks Cove is a spacious, modern bungalow in Winnipeg's Assiniboia Downs area. Built in 2009, its key characteristic is its generous scale, featuring nearly 2,500 sqft of living space on a large, private lot of almost 15,000 sqft. The home includes an attached garage and a renovated basement. Its appeal lies in the combination of a relatively contemporary build with established, sizable grounds—a balance that can be hard to find. The property ranks in the top tiers locally for lot size, living area, and assessed value, suggesting a premium offering within its setting.

This home would suit buyers looking for single-level living without compromising on space, whether it's for a growing family needing room to spread out or someone planning for long-term accessibility. It also appeals to those who value privacy and outdoor space over a brand-new build, appreciating a home that is settled into a mature neighbourhood while still having modern systems and finishes. The significant jump in assessed value from its 2021 sale price indicates strong market recognition, making it a consideration for buyers focused on equity and established desirability.


Frequently Asked Questions

How does the lot size compare practically?
At nearly a third of an acre, the lot is exceptionally large for Winnipeg. This offers substantial privacy, space for gardens or recreation, and future potential, but also means higher maintenance and utility costs for landscaping and snow clearing.

What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to clarify the finish quality, any added legal suites or bedrooms, and to verify permits for the work done.

The assessed value is significantly higher than the 2021 sale price. Why?
The assessed value of $950k is a municipal valuation for tax purposes, influenced by broad market trends and recent area sales. It suggests the city sees strong value in the property, but the ultimate market price is determined by current buyer competition and conditions.

Who might this neighbourhood suit?
Assiniboia Downs offers a quieter, suburban feel with larger lots, good for families and those seeking a retreat-like atmosphere. Its location provides relative convenience to major routes, but daily errands will likely require a drive compared to denser urban neighbourhoods.

Are there any apparent trade-offs for this much space?
The home's size and lot come with corresponding property tax and utility obligations. As a one-storey design, the footprint is expansive, which can increase heating/cooling costs. The trade-off is the premium for single-level flow and accessibility on a private parcel.