58.1
Fair
Property score
58.1
Fair
Overall 58.1
Smaller and older than most nearby homes
880 sqft (bottom 6%)
Built in 1988 (9 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 70.0
1-min walk to transit with 1 nearby route
Within 500m: 1 school, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 64%French · 5%
Past 10 years Dakota Crossing sales snapshot (~80% of all data)
973
465k
$394/sqft
1997
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58.1 is composed by the two sections below.
Property Score
Community Score
Dakota Crossing
How to read: Share of sales in each ~$50k price band for “dakota crossing” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110483
$93K
Median household income
$96K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
21%
Single-person households
28%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
518 Novavista Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 74 m), 3 parks (nearest 231 m).
Dakota Crossing · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
44%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Bottom 20% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 518 Novavista Drive
Key Characteristics & Appeal
This 880 sqft bi-level home at 518 Novavista Drive in Dakota Crossing presents a practical and value-oriented opportunity. Its key appeal lies in its balance of a recently renovated basement, a manageable size, and a strong value proposition relative to its immediate neighborhood.
Built in 1988, the home is newer than most on its street. While its living space is compact compared to area averages, it features a renovated basement and a detached garage. The lot size is typical for Novavista Drive but smaller than larger lots found elsewhere in Dakota Crossing.
The property’s standout characteristic is its financial profile. Its assessed value ranks significantly above average for its own street and is solidly mid-range citywide, suggesting it may offer good value within its micro-location. This is a home that suits first-time buyers, downsizers, or investors seeking an efficient, low-maintenance property in a stable area. It appeals to those who prioritize a modernized living space and fiscal sensibility over sheer square footage or a large yard.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 880 sqft, the living area is below the average for both Dakota Crossing and Winnipeg overall. However, it is more comparable to other homes on Novavista Drive itself, where it ranks in the top 73% for size.
2. What does the assessed value ranking indicate?
The assessed value of $36,800 ranks in the top 22% on its street, meaning it is valued higher than most direct neighbors. Citywide, it sits near the median. This often indicates a well-maintained or updated property relative to its immediate peers.
3. Is the lot size a constraint?
The 3,466 sqft lot is consistent with others on Novavista Drive. It is, however, smaller than the broader Dakota Crossing average, which may mean less yard maintenance but also limited space for expansions or large outdoor amenities.
4. The home sold in late 2021 for $360k. How does that relate to its current assessed value?
The sale price from 2021 is a historical market data point. The current assessed value for taxation purposes is not a direct market valuation but suggests the property’s value has been maintained relative to its surroundings since that sale.
5. Who would this property suit best?
It is ideally suited for buyers seeking an affordable entry into the Dakota Crossing area, those looking to downsize without sacrificing modern updates, or practical investors. Its strengths are its renovated basement, manageable scale, and value position on a street of similar homes.
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