Property score
82.8
Excellent
Overall 82.8 · Compared with neighbourhood average
1,518 sqft (bottom 36%) · Built in 1993 (2 yrs older than avg)
Located in a high-income area with median household income of ~133k
Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby
Living Area
Below average
7% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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82.8 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: #46111202
$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
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
7 De Caigny Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 371 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 | Top 46% | Top 32% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 7 De Caigny Cove in Winnipeg's Island Lakes neighbourhood presents a specific and value-oriented opportunity. Built in 1993, it is one of the newer homes on its street. With 1,518 sqft of living space and a renovated basement, it offers functional space in a well-established area. The home includes an attached garage and sits on a 6,114 sqft lot.
Its primary appeal lies in its position as a relatively modern home within a mature community, offering a balance of updates and established surroundings. The data suggests a compelling perspective: while its size and assessed value are below average for its immediate street, they are above average when viewed across the entire city. This indicates you may get more home for your budget here compared to many other Winnipeg neighbourhoods, while still being part of a desirable area like Island Lakes.
This property would suit first-time buyers or downsizers looking for a manageable, updated home in a family-friendly neighbourhood without a premium street price. It’s also a practical choice for value-focused buyers who prioritize the community and a renovated basement over having one of the largest homes on the block.
Frequently Asked Questions
Is this one of the smaller homes on the street?
Yes. The living area is below the average for De Caigny Cove, ranking 33rd out of 40 comparable homes. This often translates to a more accessible price point within a sought-after location.
How does its value compare city-wide?
Interestingly, while its assessed value is on the lower end for its own street, it ranks in the top 25% across all of Winnipeg. This highlights the relative value and affordability of the Island Lakes area compared to the broader city market.
What does the sold price history indicate?
The last recorded sale was in August 2024, with a public price range aligning closely with its current assessed value. For the exact sale price, you can request details via email from the listing source.
Is the lot size typical for the area?
The lot is slightly below the street average but is very close to the average for Island Lakes and is actually above the city-wide average. It provides a standard suburban yard for the community.
What is less obvious about this property’s position?
It’s a newer build for the street (top 8%), which can mean fewer major age-related concerns compared to neighbours. However, its below-average metrics for the immediate area suggest it may offer a cost-effective entry point into a cohesive, established crescent.
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