31 Harbours End Cove

Island Lakes, Winnipeg

Property score

85.5

Excellent

Overall 85.5 · Compared with neighbourhood average

1,631 sqft (top 50%) · Built in 1999 (4 yrs newer than avg)

Located in a high-income area with median household income of ~141k

Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 64%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

85.5 is composed by the two sections below.

Property Score

82.9Excellent
Living Area1,631 sqft83Excellent
Year Built199984Excellent
Lot Size13,444 sqft98Excellent
Neighbourhood Sales Activity32Low

Community Score

89.5Excellent
Household Income93Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46111206

Community deep dive

$141K

Median household income

$153K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

7%

Single-person households

54%

Families with children

Population, labour & age

Population (2021)2,712
Labour force participation rate73%
Median age36.8
Avg household size3.3
Unemployment rate6%
Population density3190 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households7%
Couple families with children54%
Median household income (2020)$141K

Housing

Renter households1%
Condominium dwellings8%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority38%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 64%
Mother tongue (2nd)French · 5%

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

Rankings

Living Area

above average
1,631 sqft
0255075100
Same streetTop 27%Same areaTop 50%CitywideTop 24%
Same street · Harbours End Cove
#4 / 15
Top 27% · Avg 1,545 sqft
Same area · Island Lakes
#1,055 / 2,119
Top 50% · Avg 1,635 sqft
Citywide · Winnipeg
#46,311 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
546k
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 13%
Same street · Harbours End Cove
#3 / 15
Top 20% · Avg 506.3k
Same area · Island Lakes
#376 / 2,119
Top 18% · Avg 494.7k
Citywide · Winnipeg
#25,681 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
1999
0255075100
Same streetTop 40%Same areaTop 36%CitywideTop 18%

Lot Size

Elite
13,444 sqft
0255075100
Same streetTop 20%Same areaTop 3%CitywideTop 3%

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

31 Harbours End Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 377 m).

Search radius
🌳Parks1

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%

Sales History

Sold 11/2023CA$550k–600k
Sold price

Same street

Top 22%

Same area

Top 7%

City-wide

Top 8%

Related homes

Highlights & common questions: 31 Harbours End Cove, Winnipeg

Property Overview

31 Harbours End Cove is a well-established home in Winnipeg’s Island Lakes neighbourhood. Built in 1999, it offers 1,631 sqft of living space and sits on an exceptionally large, private lot of over 13,400 sqft. The home features a renovated basement and a cabover design, but does not include a garage or pool. Its assessed value is $54,600.

Key Features & Ideal Buyer

The primary appeal of this property lies in its land. The lot size is in the top 3% for both the Island Lakes area and the entire city, offering rare space and potential for gardening, recreation, or future expansion. Combined with an above-average living area and a renovated basement, it provides solid interior space on a standout parcel of land.

Its value is further underscored by consistent metrics: it ranks above average in assessed value and living area compared to its immediate street, the wider neighbourhood, and city-wide benchmarks. This suggests a property that holds its worth in multiple contexts.

This home would best suit a buyer who prioritizes outdoor space and privacy over brand-new construction. It’s ideal for someone looking for a established home in a mature neighbourhood, where the value is anchored by the land itself. The lack of a garage and the 1999 build date mean it appeals to practical buyers comfortable with some updates, who see the large lot as a long-term asset rather than just a yard.


Frequently Asked Questions

1. How does the lot size compare to a typical Winnipeg property?
The lot of 13,444 sqft is exceptionally large, placing it in the top 3% of properties city-wide. It is more than double the average lot size in Winnipeg, which is around 6,570 sqft.

2. What does “above average” for assessed value mean in this area?
With an assessed value of $54,600, this home ranks in the top 20% on its own street, the top 18% in Island Lakes, and the top 13% city-wide. This indicates a strong and consistent valuation relative to peers.

3. Is the renovated basement a legal suite?
The listing specifies a renovated basement but does not indicate it is a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.

4. The home sold in late 2023. What can that price tell me?
The sold price range from November 2023 was between $57,500 and $60,500. This recent sale provides a concrete market benchmark, showing it sold for a premium above its assessed value at that time.

5. What are the practical implications of having no garage?
The lack of a garage means all vehicle parking will be on the driveway. This is a trade-off for the large lot space and should be factored into plans for storage, vehicle protection, and winter convenience.

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