32 Coral Reef Cove

Island Lakes, Winnipeg

Property score

81.4

Excellent

Overall 81.4 · Smaller but newer than most nearby homes

1,460 sqft (bottom 27%) · Built in 2001 (6 yrs newer than avg)

Located in a high-income area with median household income of ~133k

Transit 52.0 · 5-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Above average

6 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

81.4 is composed by the two sections below.

Property Score

75.1Good
Living Area1,460 sqft75Good
Year Built200187Excellent
Lot Size5,807 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income92Excellent
Education Level91Excellent
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: #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.

Rankings

Living Area

around average
1,460 sqft
0255075100
Same streetBottom 14%Same areaBottom 27%CitywideTop 33%
Same street · Coral Reef Cove
#38 / 44
Bottom 14% · Avg 1,686 sqft
Same area · Island Lakes
#1,542 / 2,119
Bottom 27% · Avg 1,635 sqft
Citywide · Winnipeg
#63,674 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
479k
0255075100
Same streetBottom 16%Same areaBottom 46%CitywideTop 23%
Same street · Coral Reef Cove
#37 / 44
Bottom 16% · Avg 544.2k
Same area · Island Lakes
#1,151 / 2,119
Bottom 46% · Avg 494.7k
Citywide · Winnipeg
#45,325 / 194,458
Top 23% · Avg 390.1k

Year Built

Elite
2001
0255075100
Same streetTop 2%Same areaTop 30%CitywideTop 17%

Lot Size

around average
5,807 sqft
0255075100
Same streetBottom 34%Same areaTop 46%CitywideTop 37%

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

32 Coral Reef Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 339 m).

Search radius
🌳Parks2

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

32 Coral Reef Cove: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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