51 Mossy Oaks Cove

Assiniboia Downs, Winnipeg

Property score

89.9

Excellent

Overall 89.9 · Larger than most nearby homes

2,697 sqft (top 11%) · Built in 2008 (1 yr older than avg)

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

Transit 0.0

Living Area

Above average

22% 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

89.9 is composed by the two sections below.

Property Score

96.1Excellent
Living Area98
2,697 sqftExcellent
Year Built90
2008Excellent
Lot Size98
12,205 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
2,697 sqft
0255075100
Same streetTop 7%Same areaTop 11%CitywideTop 2%
Same street · Mossy Oaks Cove
#1 / 14
Top 7% · Avg 2,086 sqft
Same area · Assiniboia Downs
#13 / 121
Top 11% · Avg 2,212 sqft
Citywide · Winnipeg
#3,605 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
872k
0255075100
Same streetTop 14%Same areaTop 39%CitywideTop 2%
Same street · Mossy Oaks Cove
#2 / 14
Top 14% · Avg 767.6k
Same area · Assiniboia Downs
#47 / 121
Top 39% · Avg 898.9k
Citywide · Winnipeg
#3,242 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
2008
0255075100
Same streetTop 29%Same areaBottom 44%CitywideTop 13%

Lot Size

Elite
12,205 sqft
0255075100
Same streetBottom 43%Same areaBottom 21%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

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 10/2020CA$800k–850k
Sold price

Same street

Top 50%

Same area

Top 40%

City-wide

Top 1%

Related homes

Highlights & common questions: 51 Mossy Oaks Cove, Winnipeg

Property Overview

This two-storey home at 51 Mossy Oaks Cove in Assiniboia Downs is a standout property defined by its generous space and established value. Built in 2008, it sits on a large, approximately 12,205 sqft lot. The home's nearly 2,700 sqft of living space is notably larger than most in the immediate area, ranking in the top tier for size both on its street and across Winnipeg. It features an attached garage and a renovated basement. The property’s assessed value places it among the top 1% of homes in the city, suggesting a premium, well-maintained asset in a mature neighbourhood.

Key Characteristics & Appeal

The primary appeal of this home lies in its combination of modern convenience and established presence. Unlike many newer subdivisions, the property offers a substantial, private lot that is increasingly rare. The renovated basement adds valuable finished living space, making it a truly turnkey property. Its strong value metrics—ranking highly for lot size, living area, and assessed value—indicate a home that has been a sound investment.

This property would ideally suit a buyer looking for more room without moving to the urban fringe. It’s perfect for a growing family that needs the space of a newer build but appreciates the character of a settled neighbourhood. It also appeals to value-conscious buyers who prioritize equity and proven market performance, as the numbers suggest a history of stability and desirability compared to its peers.


Frequently Asked Questions

1. What does the "top percentile" ranking actually mean?
These rankings compare this specific property against all others on its street, in the neighbourhood, and across Winnipeg. For example, ranking in the "Top 1%" in Winnipeg for assessed value means it is valued higher than 99% of all residential properties in the city, indicating a premium asset.

2. The home was built in 2008. What should I consider about its age?
A 2008 build is relatively modern, meaning major systems like plumbing, electrical, and the roof are likely still within their typical lifespan. However, it’s now at an age where some initial components (like the furnace, water heater, or exterior finishes) may be due for routine inspection or preventative maintenance.

3. The lot is large, but what are the implications?
A 12,205 sqft lot provides excellent privacy, space for gardening, and room for additions like a deck or shed. The trade-off is greater responsibility for maintenance, such as lawn care and landscaping, and potentially higher costs for any future fence installation or yard upgrades.

4. How does the renovated basement affect the living space and value?
The renovated basement effectively adds functional square footage to the home, which is a significant value-add. It’s ideal for a family room, home office, or guest space. Ensure renovations were permitted and completed to code by requesting documentation during the buying process.

5. The sold price from 2020 is lower than the current assessed value. Is this a concern?
Not necessarily. The 2020 sale price is a historical data point. The current assessed value, which is significantly higher, reflects the city’s estimation of its market value for tax purposes now, influenced by market-wide appreciation, the basement renovation, and the property’s standout characteristics compared to others.