19 Coral Reef Cove

Island Lakes, ਵਿਨੀਪਿਗ

Property score

80.4

Excellent

Overall 80.4 · Compared with neighbourhood average

1,485 sqft (bottom 31%) · Built in 1997 (2 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

9% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 70%French · 6%

Past 10 years Island Lakes sales snapshot (~80% of all data)

Sold Count

654

Median price

580k

$/sqft

$348/sqft

Avg build year

1995

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Property score

80.4 is composed by the two sections below.

Property Score

73.5Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,485 sqft75Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ199784Excellent
ਜ਼ਮੀਨ5,412 sqft67Good
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income92Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Island Lakes

How to read: Share of sales in each ~$50k price band for “island lakes” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46111202

Community deep dive

$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

Population, labour & age

Population (2021)748
Labour force participation rate75%
Median age44.8
Avg household size2.8
Unemployment rate6%
Population density2412 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households14%
Couple families with children38%
Median household income (2020)$133K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$472K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority17%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 6%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,485 sqft
0255075100
Same streetਹੇਠਲੇ 25%Same areaਹੇਠਲੇ 31%Citywideਟਾਪ 31%
Same street · Coral Reef Cove
#33 / 44
ਹੇਠਲੇ 25% · ਔਸਤ 1,686 sqft
Same area · Island Lakes
#1,466 / 2,119
ਹੇਠਲੇ 31% · ਔਸਤ 1,635 sqft
Citywide · ਵਿਨੀਪਿਗ
#61,204 / 194,458
ਟਾਪ 31% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
519k
0255075100
Same streetਹੇਠਲੇ 41%Same areaਟਾਪ 29%Citywideਟਾਪ 17%
Same street · Coral Reef Cove
#26 / 44
ਹੇਠਲੇ 41% · ਔਸਤ 544.2k
Same area · Island Lakes
#617 / 2,119
ਟਾਪ 29% · ਔਸਤ 494.7k
Citywide · ਵਿਨੀਪਿਗ
#32,778 / 194,458
ਟਾਪ 17% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1997
0255075100
Same streetਹੇਠਲੇ 39%Same areaਟਾਪ 42%Citywideਟਾਪ 19%

ਜ਼ਮੀਨ

ਔਸਤ
5,412 sqft
0255075100
Same streetਹੇਠਲੇ 27%Same areaਹੇਠਲੇ 43%Citywideਟਾਪ 46%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

19 Coral Reef Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 413 m).

Search radius
🌳Parks3

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

10/2021 ਵਿਚ ਵਿਕਿਆCA$500k–550k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 36%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 26%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 16%
6/2017 ਵਿਚ ਵਿਕਿਆCA$350k–400k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 1%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 12%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 44%

Related homes

ਵਿਨੀਪਿਗ 19 Coral Reef Cove — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 19 Coral Reef Cove, Island Lakes, Winnipeg

Key Characteristics & Buyer Appeal

This is a well-maintained, single-storey home built in 1997, featuring a renovated basement and an attached garage. With 1,485 sqft of living space, it offers a practical layout for everyday living. The home’s primary appeal lies in its strong value proposition within the desirable Island Lakes neighborhood. While the lot size (5,412 sqft) is modest for the immediate street, the property consistently ranks above average in assessed value for both the neighborhood and the wider city, suggesting it is viewed as a solid asset. The renovated basement adds functional space and modern appeal.

This home would suit first-time buyers or downsizers seeking the convenience of a bungalow in an established, family-friendly community. It’s a pragmatic choice for someone who values a move-in-ready property with recent updates over a larger lot size, and who appreciates a home that holds its value well relative to its surroundings.

Frequently Asked Questions

1. How does this home’s size compare to others in the area?
At 1,485 sqft, the living area is below the average for Coral Reef Cove itself but is very close to the average for the broader Island Lakes neighborhood and is actually above the city-wide average for homes.

2. What does the assessed value ranking indicate?
The assessed value is above average for both Island Lakes and Winnipeg overall. This often reflects the home’s condition, updates (like the basement), and the desirability of the location, rather than just its square footage.

3. Is the lot size a concern?
The lot is smaller than most on its street. For buyers who prioritize low-maintenance outdoor space or who value interior updates over yard size, this is a reasonable trade-off. For those wanting extensive gardening or outdoor recreation space, it may feel limiting.

4. What can the past sale prices tell me?
The historical sold price ranges show significant appreciation between the 2017 and 2021 sales. To understand the exact sale prices and the current market context, you can request the precise figures via email from the listing source.

5. Who might this property not suit?
It may not be ideal for buyers seeking a very large lot, those who prefer a brand-new home, or families requiring significantly more above-grade living space. Its strengths are in its neighborhood, value retention, and practical, updated layout.

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