Property score
84.4
Excellent
Overall 84.4 · Compared with neighbourhood average
1,564 sqft (bottom 42%) · Built in 1998 (3 yrs newer than avg)
Located in a high-income area with median household income of ~133k
Transit 52.0 · 6-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
84.4 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
76 Coral Reef Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 456 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 50% | Top 40% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 76 Coral Reef Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This home is a study in above-average fundamentals within a well-established neighborhood. Built in 1998, it offers a renovated basement and an attached garage on a notably large lot of nearly 10,000 sqft—a standout feature that places it in the top 10% of lots on its street and in the Island Lakes area. With 1,564 sqft of living space, the interior size is comfortably above the Winnipeg city average, providing ample room without the upkeep of a maximized footprint.
The primary appeal lies in its combination of space, land, and a modernized lower level, all backed by strong value metrics. Its assessed value ranks in the elite tier for Island Lakes (top 4%), suggesting a perception of quality and desirability that outpaces many direct neighbors. This isn't the newest or the largest home on the block, but it represents a solid, mature property with premium lot size and a refreshed interior space.
This property would suit practical buyers looking for a long-term family home in a settled community, who value private outdoor space over a brand-new build. It’s also a sensible match for value-conscious purchasers who recognize the advantage of a high assessment relative to area averages, indicating a strong foundation for future equity.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The land area of 9,862 sqft is significantly larger than the Winnipeg city average of approximately 6,570 sqft, placing it in the top 6% city-wide. This is one of the home's most distinguishing features.
2. What does the "Elite" assessed value ranking mean for Island Lakes?
A ranking in the top 4% for assessed value in Island Lakes indicates that municipal assessment views this property as among the most valuable in the entire neighborhood, often reflecting factors like lot size, improvements, and general desirability.
3. Is the living space considered large for the area?
At 1,564 sqft, the living area is slightly below the current average for similar homes on Coral Reef Cove but remains above the overall city average. It offers a balanced size that is manageable for maintenance.
4. Can I get the exact historical sale price?
The listed sale price ranges are based on public data. The exact sold price is available by request via email from the listing service, which they provide manually without using your email for marketing.
5. The home was built in 1998. What should I consider?
Homes from this era are modern enough to avoid some major older-home concerns but are now entering a period where original components (like roofing, major appliances, or windows) may need evaluation or planned replacement. The renovated basement is a positive update.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
