47 Four Oaks Cove

Assiniboia Downs, Winnipeg

Property score

88.7

Excellent

Overall 88.7 · Newer than most nearby homes

2,031 sqft (bottom 48%) · Built in 2010 (1 yr newer than avg)

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

Transit 40.0 · 18-min walk to transit with 1 nearby route

Living Area

Near average

8% 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

88.7 is composed by the two sections below.

Property Score

94.0Excellent
Living Area2,031 sqft94Excellent
Year Built201090Excellent
Lot Size20,031 sqft100Excellent
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
2,031 sqft
0255075100
Same streetBottom 24%Same areaBottom 48%CitywideTop 10%
Same street · Four Oaks Cove
#13 / 17
Bottom 24% · Avg 2,206 sqft
Same area · Assiniboia Downs
#63 / 121
Bottom 48% · Avg 2,212 sqft
Citywide · Winnipeg
#19,698 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

Elite
953k
0255075100
Same streetTop 12%Same areaTop 24%CitywideTop 1%
Same street · Four Oaks Cove
#2 / 17
Top 12% · Avg 853.5k
Same area · Assiniboia Downs
#29 / 121
Top 24% · Avg 898.9k
Citywide · Winnipeg
#2,386 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 18%Same areaTop 10%CitywideTop 11%

Lot Size

Elite
20,031 sqft
0255075100
Same streetTop 12%Same areaTop 22%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 8/2016CA$900k–950k
Sold price

Same street

Top 14%

Same area

Top 23%

City-wide

Top 1%

Related homes

Highlights & common questions: 47 Four Oaks Cove, Winnipeg

Property Overview & Appeal

47 Four Oaks Cove is a spacious, modern bungalow situated on an exceptionally large lot in Assiniboia Downs. Built in 2010, its key features include a renovated basement, an attached garage, and a private pool. The property’s standout characteristic is its land size—over 20,000 square feet—which places it in the top 1% of all residential lots in Winnipeg. This offers rare potential for privacy, gardening, expansion, or outdoor recreation within the city.

Its appeal lies in this unique combination of a contemporary, low-maintenance home with the expansive, established feel of an estate-sized property. It suits buyers looking for a move-in ready home with premium outdoor space for a growing family, entertaining, or simply enjoying a generous yard. The high rankings for lot size and assessed value in its area suggest it’s a standout property that holds its value well, likely attracting buyers who prioritize long-term investment alongside lifestyle.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or follow-up with the listing agent is necessary to see the quality of the renovation and understand how the space is configured (e.g., additional bedrooms, a living area, or a dedicated recreational room).

2. The assessed value seems low compared to the last sale price. Why is that?
Municipal assessed value for taxation purposes often lags behind the current market and does not necessarily reflect a home’s full market value, especially for unique properties with highly desirable features like an exceptionally large lot or a pool. The last sale in 2016 and current market conditions are stronger indicators of its worth.

3. How does the pool impact utility costs and maintenance?
While a significant amenity, a pool adds to annual maintenance (opening, closing, cleaning, chemicals) and will increase seasonal water and energy usage for pumping and heating. Prospective buyers should budget for these ongoing costs and consider the shorter Winnipeg season for usability.

4. Is the large lot a benefit for future expansion?
Potentially, yes. A lot of this size could allow for additions like a larger garage, a workshop, or a home extension, subject to local zoning bylaws and permit approvals. It’s a major asset for customisation not found in newer subdivisions.

5. The home's living area is ranked lower than its lot size. What does that mean?
This indicates the house itself, while a comfortable size, is not exceptionally large compared to others in the area. The premium here is on the land. This could be perfect for those who value expansive outdoor space over a massive interior footprint, but buyers seeking a very large home and a large yard should verify the interior layout meets their needs.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.