Property score
84.0
Excellent
Overall 84.0 · Compared with neighbourhood average
1,514 sqft (bottom 35%) · Built in 1997 (2 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
7% smaller than neighborhood avg.
Year Built
Near average
2 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
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84.0 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
96 Coral Reef Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 402 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%
96 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 96 Coral Reef Cove, Island Lakes, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home built in 1997, situated on a generous 7,504 sqft lot in the Island Lakes neighbourhood. With 1,514 sqft of living space and an attached garage, the property offers comfortable, ground-level living. Its appeal lies in its strong positional value: while the home itself is unrenovated and has a standard basement, it sits on a larger-than-average lot for the area and holds an assessed value that places it above average both within Island Lakes and citywide. This suggests a solid foundation in a desirable location.
The property would suit a practical buyer looking for a home in a mature, family-friendly neighbourhood. It’s ideal for someone who values space and potential over immediate turn-key finishes—a purchaser comfortable with a project, whether that means future renovations, landscaping, or simply enjoying the benefits of a larger yard. It also represents a strategic entry point into a sought-after area, where the value is anchored more in the land and location than in updated interiors.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home’s living area is average for Coral Reef Cove and Island Lakes. Its standout features are the lot size, which is above average for the community, and its assessed value, which ranks in the top 20% within Island Lakes, indicating strong perceived value for the location.
2. What does "above average" assessed value mean for a buyer?
While it can indicate a desirable property, it primarily reflects the city’s valuation for tax purposes. It suggests the property is in a valuable location, but the sale price is determined by the market. This assessment could signal stability and good long-term value in the neighbourhood.
3. Is the larger lot a major advantage?
Yes. A lot of this size (7,504 sqft) in a mature neighbourhood like Island Lakes offers more privacy, space for gardens or recreation, and future potential that smaller, newer lots simply cannot match. It’s a feature that becomes increasingly rare.
4. Who might this "unrenovated" condition suit best?
It suits buyers who want to customize the home to their own taste and schedule, avoiding a premium paid for someone else’s renovations. It’s also a practical choice for those who prioritize location and lot size first and see the interior as a longer-term project.
5. How does the 1997 build year affect the home?
Homes from this era are modern enough to have good floor plans and infrastructure, but may soon require updates to major components like roofing, windows, or HVAC systems. A thorough inspection is advised to budget for upcoming lifecycle replacements.
