Property score
81.9
Excellent
Overall 81.9 · Compared with neighbourhood average
1,574 sqft (bottom 43%) · Built in 1998 (3 yrs newer than avg)
Located in a high-income area with median household income of ~133k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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81.9 is composed by the two sections below.
Property Score
Community Score
Island Lakes
How to read: Share of sales in each ~$50k price band for “island lakes” (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: #46111202
$133K
Median household income
$160K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
14%
Single-person households
38%
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
11 Coral Reef Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 389 m).
Island Lakes · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Violent
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 21% | Top 16% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 11 Coral Reef Cove, Island Lakes, Winnipeg
Key Characteristics & Buyer Profile
This home at 11 Coral Reef Cove is a well-situated, late-90s cabover with a renovated basement and an attached garage. Its key appeal lies in its balance and established location. At 1,574 sqft, the living space is comfortably above the Winnipeg city-wide average, offering more room than many homes, while feeling consistent with the Island Lakes neighbourhood. The lot, at just over 5,400 sqft, is slightly more compact than others on its street, which may translate to less yard maintenance. A significant feature is the renovated basement, adding immediate functional living space without the need for a project.
The home’s assessed value positions it as a strong value within the wider city context, ranking in the top 18% city-wide. This suggests a property that offers more for its municipal valuation compared to many others in Winnipeg. It would suit practical buyers looking for a move-in-ready home in a mature, family-friendly neighbourhood like Island Lakes, particularly those who prioritize updated interiors and efficient space over a very large yard. It’s a sensible choice for someone seeking a home that performs well on broader city metrics without being the largest or most expensive on its block.
Frequently Asked Questions
1. How does the lot size compare?
The land area of 5,412 sqft is below the average for Coral Reef Cove itself but is very close to the average for the entire City of Winnipeg. This indicates a manageable yard that is typical for many urban homes.
2. What does the "above average city-wide" ranking mean for value?
The home ranks in the top 27% for living area and top 18% for assessed value compared to all Winnipeg homes. This generally indicates you get more space and a higher municipal assessment relative to most of the market, which can be a positive indicator of underlying value.
3. Is the basement renovation reflected in the assessed value?
While a renovated basement adds significant functional value and appeal for living, municipal assessed values are based on broader mass appraisal techniques and may not capture the full market value of recent interior upgrades.
4. What is the significance of the home being built in 1998?
Built 28 years ago, the home is newer than over 80% of properties in Winnipeg. In a neighbourhood like Island Lakes, it sits right around the average age, meaning major components like the roof, windows, and HVAC systems are likely within a standard window for inspection, update, or replacement.
5. How can I get the exact historical sold price?
The exact sold price is not publicly listed. The provided range is an estimate based on available data. You can request the precise figure by emailing the listing service; they provide this detail manually without using your email for unsolicited marketing.
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