38 Bur Oaks Cove

Assiniboia Downs, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Newer than most nearby homes

2,230 sqft (top 37%) · Built in 2010 (1 yr newer than avg)

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

Transit 40.0 · 15-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Near average

1% larger 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

89.2 is composed by the two sections below.

Property Score

94.9Excellent
Living Area96
2,230 sqftExcellent
Year Built90
2010Excellent
Lot Size98
12,802 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

above average
2,230 sqft
0255075100
Same streetTop 33%Same areaTop 37%CitywideTop 6%
Same street · Bur Oaks Cove
#4 / 12
Top 33% · Avg 2,015 sqft
Same area · Assiniboia Downs
#45 / 121
Top 37% · Avg 2,212 sqft
Citywide · Winnipeg
#11,752 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
860k
0255075100
Same streetTop 17%Same areaTop 40%CitywideTop 2%
Same street · Bur Oaks Cove
#2 / 12
Top 17% · Avg 735.3k
Same area · Assiniboia Downs
#48 / 121
Top 40% · Avg 898.9k
Citywide · Winnipeg
#3,404 / 194,458
Top 2% · Avg 390.1k

Year Built

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

Lot Size

Elite
12,802 sqft
0255075100
Same streetBottom 42%Same areaBottom 29%CitywideTop 3%

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

38 Bur Oaks Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 469 m).

Search radius
🌳Parks2

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 11/2016CA$750k–800k
Sold price

Same street

Top 20%

Same area

Bottom 38%

City-wide

Top 2%

Related homes

Highlights & common questions: 38 Bur Oaks Cove, Winnipeg

Property Summary: 38 Bur Oaks Cove

Section 1: Key Characteristics & Appeal

This property is a spacious, well-maintained one-storey home built in 2010, situated on an exceptionally large lot of over 12,800 square feet in Assiniboia Downs. Its key appeal lies in a combination of generous space, modern updates, and a highly desirable location ranking. The home features 2,230 sqft of living area and a renovated basement, offering ample room for family living and entertaining.

The standout feature is the land itself—the lot size ranks in the top 3% of all properties in Winnipeg, providing rare privacy and potential for gardens, recreation, or expansion. Combined with an assessed value in the top 2% of the city, this indicates a premium property within a established neighbourhood. Its appeal is for buyers seeking a move-in ready, single-level layout on a truly substantial parcel of land, without sacrificing modern comforts. It would particularly suit growing families or multi-generational households looking for interior space and outdoor freedom, or downsizers who want single-storey convenience but don’t want to compromise on lot size and prestige.

A less obvious perspective is the value of stability it represents. The home is newer than 87% of Winnipeg properties and sits on a street where it is newer than 83% of its neighbours, suggesting a well-built home in a mature yet refreshed setting. The significant jump in assessed value since its last sale in 2016 also points to strong, sustained appreciation.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
While the listing confirms the basement is renovated, specific details on the finishes, rooms, and whether it includes a separate entrance or suite would require clarification from the listing agent or a viewing.

2. How does the large lot impact maintenance and utility costs?
A lot of this size requires more upkeep for landscaping and lawn care. Potential buyers should consider the associated time, equipment, or service costs. It may also influence property tax calculations alongside the assessed value.

3. The home ranks highly for lot size but mid-range for living area on its street. What does this mean?
This suggests the home offers a balanced footprint, where the living space is comfortable and above average for Winnipeg, but the true premium is the outdoor space. The focus here is on land value and potential rather than an excessively large house.

4. Are there any development restrictions or bylaws for a lot this size?
Given the lot's exceptional size, buyers interested in future additions like a garage, pool, or secondary suite should verify zoning bylaws and any restrictive covenants with the city to understand what is permissible.

5. The assessed value is significantly higher than the 2016 sale price. Is this accurate?
The assessed value is the city's estimation for tax purposes. While it indicates strong market appreciation, a professional appraisal and current market comparison would be needed to determine the accurate fair market value for purchase.