Property score
74.4
Good
Overall 74.4 · Smaller and older than most nearby homes
1,255 sqft (bottom 15%) · Built in 1986 (9 yrs older than avg)
Located in a high-income area with median household income of ~106k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, and 1 park nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 71%French · 5%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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74.4 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: #46110514
$106K
Median household income
$129K
Average household income
8%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
18%
Single-person households
31%
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
81 Tidal Cove — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 197 m), 1 parks (nearest 429 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 | Bottom 25% | Bottom 15% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 81 Tidal Cove, Island Lakes
Key Characteristics & Appeal
This single-storey home at 81 Tidal Cove is a practical and well-situated property in the established Island Lakes neighbourhood. Built in 1986, its key features include 1,255 sqft of living space, a renovated basement, and an attached garage, sitting on a 5,747 sqft lot.
The primary appeal lies in its balance and location. The home presents a manageable size for downsizers or first-time buyers, while the renovated basement adds functional space. Its assessed value is notably strong city-wide, ranking in the top 26%, suggesting good value retention for its age. While the lot is smaller than others on Tidal Cove, it is near the city-wide average, offering lower maintenance. The home suits buyers looking for a move-in ready, single-level layout in a mature, family-friendly community without the premium of a new build. It’s a solid choice for those who value neighbourhood character over sheer square footage, and who appreciate a home that performs well on municipal assessments relative to the broader market.
Frequently Asked Questions
1. How does the property’s size compare to the neighbourhood?
At 1,255 sqft, the living area is below the current Island Lakes average but is a typical size for many well-maintained homes from the 1980s. It offers a more compact and efficient layout.
2. The lot seems smaller than others on the street. Is that a concern?
The lot is indeed smaller than the average for Tidal Cove. This translates to less yard maintenance, which can be a positive for many buyers, while still providing decent outdoor space.
3. What does the "above average" city-wide assessed value ranking mean?
Ranking in the top 26% city-wide for assessed value indicates that, according to municipal assessment, this property holds its value well compared to homes across all of Winnipeg. This often reflects a desirable location and property condition.
4. Is the sold price history from 2020 relevant today?
The last known sale was in September 2020. While it provides a historical benchmark, it does not reflect current market conditions. A professional comparative market analysis is needed to determine today’s value.
5. What is the benefit of a renovated basement in a home of this age?
A renovated basement in a 40-year-old home immediately adds functional living space without the need for a major project. It’s important to clarify the scope and quality of the renovation and ensure it was properly permitted.
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