523 Coventry Road

Eric Coy, Winnipeg

Property score

81.8

Excellent

Overall 81.8 · Newer than most nearby homes

1,540 sqft (top 36%) · Built in 2019 (48 yrs newer than avg)

Located in a high-income area with median household income of ~97k

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

Living Area

Near average

5% larger than neighborhood avg.

Year Built

Above average

48 yrs newer than neighborhood avg.

Mother tongue

English · 80%French · 2%

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

81.8 is composed by the two sections below.

Property Score

80.8Excellent
Living Area79
1,540 sqftGood
Year Built97
2019Excellent
Lot Size85
6,602 sqftExcellent
Neighbourhood Sales Activity24
Low

Community Score

83.2Excellent
Household Income83
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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: #46111066

Community deep dive

$97K

Median household income

$108K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

29%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)418
Labour force participation rate52%
Median age52.0
Avg household size2.3
Unemployment rate5%
Population density1306 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households29%
Couple families with children27%
Median household income (2020)$97K

Housing

Renter households5%
Condominium dwellings26%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority10%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,540 sqft
0255075100
Same streetTop 41%Same areaTop 36%CitywideTop 28%
Same street · Coventry Road
#51 / 125
Top 41% · Avg 1,493 sqft
Same area · Eric Coy
#318 / 888
Top 36% · Avg 1,472 sqft
Citywide · Winnipeg
#54,858 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

Elite
749k
0255075100
Same streetTop 7%Same areaTop 3%CitywideTop 3%
Same street · Coventry Road
#9 / 125
Top 7% · Avg 480.6k
Same area · Eric Coy
#31 / 888
Top 3% · Avg 465k
Citywide · Winnipeg
#5,670 / 194,458
Top 3% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 4%

Lot Size

above average
6,602 sqft
0255075100
Same streetBottom 1%Same areaBottom 9%CitywideTop 21%

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

523 Coventry Road — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 491 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 10/2024CA$700k–750k
Sold price

Same street

Top 8%

Same area

Top 2%

City-wide

Top 2%
Sold 4/2023CA$650k–700k
Sold price

Same street

Top 15%

Same area

Top 7%

City-wide

Top 5%
Sold 10/2019CA$600k–650k
Sold price

Same street

Top 23%

Same area

Top 12%

City-wide

Top 7%

Related homes

Highlights & common questions: 523 Coventry Road, Winnipeg

Property Overview: 523 Coventry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This well-presented, modern one-storey home in Eric Coy is defined by its recent construction and strong valuation. Built in 2019, it offers move-in readiness with a renovated basement and attached garage. The 1,540 sqft living space is comfortably above the Winnipeg average, providing ample room in a practical layout.

The primary appeal lies in its exceptional financial standing within the market. The home's assessed value places it in the top 3% of both the neighborhood and the entire city, a significant indicator of its perceived worth and a history of robust price appreciation. This is a distinctly modern property on a street and in an area where most homes are decades older, offering contemporary systems and minimal immediate maintenance.

It would suit buyers seeking a modern, low-maintenance home without sacrificing space, particularly those who value a strong property investment. The efficient, newer build is ideal for empty-nesters or professionals who appreciate single-level living, while the finished basement adds flexibility for a growing family or home office. It's less suited for those prioritizing a large, private yard, as the lot is more compact compared to others on the street.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to the sale history?
The assessed value ($74.9k for tax purposes) is not a market price but an administrative valuation. The market price is shown in the sale history, with the most recent sale at $750k in October 2024. The high assessment percentile indicates the property is officially valued well above most peers, reflecting its modern build and market position.

2. How does the lot size impact the property?
The land area is compact for Coventry Road, where lots are typically much larger. This means less yard maintenance but also less private outdoor space. Citywide, however, the lot is above average. This presents a trade-off: a newer, modern home on a smaller lot versus potentially an older home nearby on a more expansive property.

3. What does the "Elite" ranking for Year Built mean practically?
Ranking in the top 2% for year built means this is one of the newest homes in the area. Practically, this translates to newer roofing, HVAC, plumbing, and electrical systems, leading to lower anticipated repair costs and potentially better energy efficiency compared to the neighborhood's older housing stock.

4. The home sold recently in 2024 and 2023. Is this a concern?
The recent sales activity indicates a rapidly appreciating asset in a active market segment. It's not inherently a concern but warrants understanding the context of each sale. A professional review of the listing history can clarify if these were arm's-length transactions and the reasons for the quick turnover.

5. Who might this property not be right for?
This home may not suit buyers seeking a traditional, large yard for gardening or recreation, as the lot is comparatively small for the street. Those looking for a renovation project or character found in older homes might also find its modern condition less appealing. It's a premium-priced, modern product in an area with a wide variety of older homes.