39 Four Oaks Cove

Assiniboia Downs, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Compared with neighbourhood average

2,235 sqft (top 36%) · Built in 2008 (1 yr older than avg)

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

Transit 40.0 · 19-min walk to transit with 1 nearby route

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Near average

1 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
2,235 sqftExcellent
Year Built90
2008Excellent
Lot Size100
15,612 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
2,235 sqft
0255075100
Same streetTop 47%Same areaTop 36%CitywideTop 6%
Same street · Four Oaks Cove
#8 / 17
Top 47% · Avg 2,206 sqft
Same area · Assiniboia Downs
#44 / 121
Top 36% · Avg 2,212 sqft
Citywide · Winnipeg
#11,597 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
894k
0255075100
Same streetTop 35%Same areaTop 35%CitywideTop 2%
Same street · Four Oaks Cove
#6 / 17
Top 35% · Avg 853.5k
Same area · Assiniboia Downs
#42 / 121
Top 35% · Avg 898.9k
Citywide · Winnipeg
#2,975 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
2008
0255075100
Same streetTop 47%Same areaBottom 44%CitywideTop 13%

Lot Size

Elite
15,612 sqft
0255075100
Same streetTop 47%Same areaTop 49%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 7/2017CA$750k–800k
Sold price

Same street

Bottom 1%

Same area

Bottom 40%

City-wide

Top 2%

Related homes

Highlights & common questions: 39 Four Oaks Cove, Winnipeg

Property Overview & Key Characteristics

This well-situated one-storey home in Assiniboia Downs is defined by its generous scale and established presence. Its most prominent feature is the large, 15,612 sqft lot, which places it in the top 2% of all properties in Winnipeg for land area. This offers exceptional outdoor space and privacy that is increasingly rare. The 2,235 sqft living area is also spacious, ranking in the top 5% citywide. Built in 2008, the home is relatively modern compared to many in the area and includes a renovated basement and an attached garage.

The appeal lies in this combination of a modern, spacious home on a truly expansive lot. It suits buyers looking for long-term stability—families desiring room to grow, or those who value ample yard space for gardens, recreation, or pets without sacrificing interior square footage. The high citywide rankings for both lot size and assessed value suggest a property that stands out in its category for substance and perceived value. A thoughtful perspective is that while the home is in the middle of its street for metrics like living area, its exceptional lot size offers a unique upside that isn't easily replicated, making it a property where the land itself is a major asset.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
The lot is exceptionally large. At over 15,600 sqft, it is significantly bigger than most homes in Winnipeg, placing it in the 98th percentile. This is the property's most distinguishing characteristic.

2. The home sold in 2017 for $79.5k, but is now assessed at $89.4k. What does this mean?
The 2017 sale price and current assessed value are not directly comparable for market value. The sale price from seven years ago is a historical data point, while the assessment is for taxation purposes. The assessment being higher than the old sale price generally indicates the property has been assessed at a higher value for tax calculations, but the current market value would be determined by recent sales of comparable homes.

3. What does the ranking data (e.g., "Top 53% in same street") actually tell me?
These rankings compare this property against specific groups. For example, being in the "Top 53% in same street" for living area means its square footage is greater than 53% of the homes on its own street. It helps you understand how the home stacks up against its immediate neighbours versus the wider city.

4. The home is described as "one storey." Is the renovated basement a full living space?
Yes, the listing confirms a renovated basement. This adds functional living space to the already substantial 2,235 sqft main floor, though the specific finish and layout would need to be verified in a viewing.

5. Are properties nearby similar in size and value?
The provided nearby properties on Four Oaks Cove are clearly in the same enclave, but the comparable "similar assessed value" homes are located in various neighbourhoods across Winnipeg. This indicates that while the assessed value may be similar to homes in other areas, the key feature here is the combination of that value with an unusually large lot in this specific location.