69.2
Good
Property score
69.2
Good
Overall 69.2
Smaller than most nearby homes
1,068 sqft (bottom 5%)
Built in 1989 (6 yrs older than avg)
Located in a high-income area
with median household income of ~98k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 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
35% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 68%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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69.2 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: #46111195
$98K
Median household income
$110K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
22%
Single-person households
32%
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
110 Tidal Cove — 4 amenities found within 500 m, across 2 categories, including 1 dining (nearest 270 m), 3 parks (nearest 337 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 | Bottom 33% | Bottom 16% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 110 Tidal Cove in Winnipeg's Island Lakes neighbourhood presents a specific value proposition. Its key appeal lies in its generous, above-average lot size of nearly 9,000 sqft, offering significant outdoor space that is rare within its immediate area and across the city. Built in 1989, it is also one of the newer homes on its street. The living space is modest at 1,068 sqft and features a renovated basement, adding functional space. There is no garage or pool.
The home’s assessed value is notably below average for both the street and Island Lakes, though it aligns more closely with the wider city average. This combination suggests a property where the value is anchored more in the land and location than in the size or premium finish of the dwelling itself. It would suit a first-time buyer, downsizer, or value-oriented purchaser seeking a manageable single-level layout in an established neighbourhood, with the potential to enjoy or further develop a sizable yard. It’s a practical choice for those prioritizing lot size over interior square footage.
Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. It primarily reflects the home's more modest size and features compared to larger, updated homes on the street. This can represent a value opportunity and may result in relatively lower property taxes.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to assess the quality, layout, and whether it includes a legal suite or additional living space like a family room or bedroom.
3. How does the lack of a garage affect daily living?
This means relying on driveway parking, which requires winter plug-in access for a vehicle block heater. It also reduces covered storage space. The large lot, however, offers ample room for a future garage or shed, subject to local bylaws.
4. The home is described as "around average" citywide for living area. Who is it best suited for?
While the 1,068 sqft footprint is near the city average, its single-storey design makes the space efficient. It's well-suited for individuals, couples, or small families who don't require extensive separation of living areas or are looking for an easily navigable layout without stairs.
5. Why is the lot size highlighted as a key feature?
In the Island Lakes area and especially on Tidal Cove, this lot is significantly larger than most. This provides exceptional privacy, space for gardening, recreation, or expansion that is hard to find in newer subdivisions, offering a long-term benefit that smaller lots cannot match.
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