77.9
Good
Property score
77.9
Good
Overall 77.9
Smaller than most nearby homes
1,433 sqft (bottom 25%)
Built in 1990 (5 yrs older than avg)
Located in a high-income area
with median household income of ~98k
Transit 92.0
2-min walk to transit with 5 nearby routes
Within 500m: 1 dining spot, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Near average
5 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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77.9 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: #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
14 Tidal Cove — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 63 m), 1 parks (nearest 413 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 8% | Bottom 10% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 14 Tidal Cove, Island Lakes
Key Characteristics & Appeal
This two-storey home in Island Lakes presents a compelling blend of space, location, and value. Its most standout feature is the exceptionally large lot—approximately 13,900 square feet—which ranks in the top 5% of properties on its own street and the top 3% citywide. This offers rare potential for gardening, expansion, or simply enjoying generous private outdoor space. The house itself, with 1,433 sqft of living space and a renovated basement, is practically sized for family living. Built in 1990, it is notably newer than most homes on Tidal Cove and above the citywide average for age, suggesting potentially fewer major upkeep concerns in the near term.
The appeal lies in this balance: you get a home with modern foundations on a premium-sized lot in a well-established neighbourhood. Its assessed value sits above the Winnipeg average, yet it is positioned as around average for the Island Lakes area, indicating it aligns with local expectations. This property would suit buyers who prioritize land size over sheer interior square footage—perfect for those envisioning a deck, play area, or garden oasis. It’s also a strong match for value-conscious buyers seeking a home in a mature neighbourhood without the maintenance risks of an older build, and for families looking for a long-term home with room to grow outdoors.
Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is exceptionally large, over double the citywide average of 6,570 sqft. This places it in the elite top 3% of all residential properties in Winnipeg for land area.
2. Is the home’s living space considered large for the area?
At 1,433 sqft, the living area is slightly below the current average for Island Lakes but is very close to the average for its immediate street. It offers comfortable space, with the property’s key differentiator being the land, not the interior square footage.
3. What does the 1990 build year mean for maintenance?
A 1990 build is newer than most homes on its street and the median Winnipeg home. This can be an advantage, potentially meaning updated major systems (like wiring or plumbing) compared to much older homes, though a thorough inspection for any age-related updates is always recommended.
4. The last recorded sale was in 2017. Should that be a concern?
Not necessarily. A longer tenure by the previous owners can indicate a stable, well-cared-for home and a desirable street. It’s more important to focus on the current condition of the property.
5. How is the assessed value positioned relative to the market?
With an assessed value of $470,000, this home is above the Winnipeg average but sits around the middle range for the Island Lakes neighbourhood. This suggests it is priced in line with local community standards rather than being an outlier.
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