518 Coventry Road

Eric Coy, Winnipeg

Property score

79.1

Good

Overall 79.1 · Larger than most nearby homes

1,759 sqft (top 24%) · Built in 1972 (1 yr newer than avg)

Located in a high-income area with median household income of ~103k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 2 place of worships nearby

Living Area

Above average

20% larger than neighborhood avg.

Year Built

Near average

1 yrs newer than neighborhood avg.

Mother tongue

English · 81%Chinese · 1%

Past 10 years Eric Coy sales snapshot (~80% of all data)

Sold Count

243

Median price

457.5k

$/sqft

$369/sqft

Avg build year

1971

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Property score

79.1 is composed by the two sections below.

Property Score

78.1Good
Living Area86
1,759 sqftExcellent
Year Built58
1972Fair
Lot Size91
7,913 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

80.7Excellent
Household Income86
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Eric Coy

How to read: Share of sales in each ~$50k price band for “eric coy” (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: #46111067

Community deep dive

$103K

Median household income

$132K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

17%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)364
Labour force participation rate62%
Median age50.8
Avg household size2.5
Unemployment rate4%
Population density1040 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households17%
Couple families with children31%
Median household income (2020)$103K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority13%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 80%
Mother tongue (2nd)Chinese · 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
1,759 sqft
0255075100
Same streetTop 23%Same areaTop 24%CitywideTop 19%
Same street · Coventry Road
#29 / 125
Top 23% · Avg 1,493 sqft
Same area · Eric Coy
#212 / 888
Top 24% · Avg 1,472 sqft
Citywide · Winnipeg
#36,321 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
468k
0255075100
Same streetTop 42%Same areaTop 39%CitywideTop 25%
Same street · Coventry Road
#53 / 125
Top 42% · Avg 480.6k
Same area · Eric Coy
#347 / 888
Top 39% · Avg 465k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 23%Same areaTop 39%CitywideTop 45%

Lot Size

above average
7,913 sqft
0255075100
Same streetBottom 7%Same areaBottom 25%CitywideTop 12%

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

518 Coventry Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 455 m).

Search radius
🏫Education1
Worship2

Crime & Safety

Eric Coy · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Other

50%

Sales History

Sold 12/2020CA$400k–450k
Sold price

Same street

Bottom 43%

Same area

Bottom 47%

City-wide

Top 33%

Related homes

Highlights & common questions: 518 Coventry Road, Winnipeg

Property Overview: 518 Coventry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This 1972-built, four-level split home sits on a large, approximately 7,913 sqft lot in the Eric Coy neighbourhood. With 1,759 sqft of finished living space that includes a developed basement, it offers a practical layout for family living. The home’s standout feature is its land size, which places it in the top 12% of all properties in Winnipeg for lot dimensions, providing ample outdoor space and potential.

Its appeal lies in a compelling blend of space, established location, and value. The property ranks highly for its lot and living area relative to the city, suggesting more room for the price compared to many alternatives. It suits buyers looking for a solid, spacious starter or family home in a mature neighbourhood without a premium for brand-new construction. It’s particularly well-matched for those who prioritize private outdoor space over features like a garage or pool, and for value-conscious buyers comfortable with a home that has good bones but may benefit from personal updates over time. A thoughtful perspective is that this property represents a "land-value play" in a city where large lots are becoming scarcer; the underlying asset offers long-term stability and options.

Section 2: Frequently Asked Questions

1. What are the main advantages of a four-level split layout?
This design typically creates distinct living zones, offering good separation between common areas, bedrooms, and recreational space in the basement. It can provide more privacy within the home compared to an open bungalow layout.

2. The home was built in 1972. What should I consider?
While the home has been maintained, a professional inspection is crucial to assess the condition of major systems (roof, wiring, plumbing, foundation) common to homes of this era. This informs any needed updates or renovations.

3. There’s no garage. Is that a major drawback?
It depends on your needs. The large lot does offer potential for adding a garage or carport in the future, subject to local bylaws. For buyers with fewer vehicles or who prioritize yard space over covered parking, this may be an acceptable trade-off.

4. How does the 2020 sale price compare to the current assessment?
The home sold for $400,000 in late 2020. The current assessed value is $468,000. This increase reflects market trends and assessment methodology over that period, but the final market price is determined by current buyer demand.

5. The rankings show high marks for lot size but lower ones for "street" comparisons. What does that mean?
This indicates that while the property’s lot is exceptionally large for Winnipeg overall, Coventry Road itself is a street with many other homes on similarly large or larger parcels. So, you’re getting a great lot by city standards in a neighbourhood known for generous property sizes.