43 Giiwe Cove

Lord Selkirk Park, Winnipeg

Property score

30.5

Below average

Overall 30.5 · Smaller but newer than most nearby homes

792 sqft (bottom 21%) · Built in 1993 (56 yrs newer than avg)

Located in a below-average income area with median household income of ~31.8k

Transit 82.0 · 6-min walk to transit with 5 nearby routes · Within 500m: 4 dining spots, 3 schools, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

37% smaller than neighborhood avg.

Year Built

Above average

56 yrs newer than neighborhood avg.

Mother tongue

English · 69%Tagalog · 2%

Past 10 years Lord Selkirk Park sales snapshot (~80% of all data)

Sold Count

28

Median price

250k

$/sqft

$175/sqft

Avg build year

1937

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Property score

30.5 is composed by the two sections below.

Property Score

37.3Low
Living Area22
792 sqftLow
Year Built81
1993Excellent
Lot Size46
3,501 sqftLow
Neighbourhood Sales Activity20
Low

Community Score

20.2Low
Household Income20
Low
Education Level10
Low
Housing Stress52
Fair
Core Housing Need15
Low
Employment Health15
Low

Neighbourhood Sales

Lord Selkirk Park

How to read: Share of sales in each ~$50k price band for “lord selkirk park” (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: #46110069

Community deep dive

$32K

Median household income

$40K

Average household income

55%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.3

P90 / P10 ratio

47%

Single-person households

11%

Families with children

Population, labour & age

Population (2021)973
Labour force participation rate31%
Median age28.4
Avg household size2.6
Unemployment rate30%
Population density2702 / km²

Households & income

Low income (LIM-AT, % pop.)55%
Single-person households47%
Couple families with children11%
Median household income (2020)$32K

Housing

Renter households87%
Condominium dwellings2%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority28%
Bachelor's or higher (25–64)0%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
792 sqft
0255075100
Same streetTop 10%Same areaBottom 21%CitywideBottom 9%
Same street · Giiwe Cove
#1 / 10
Top 10% · Avg 737 sqft
Same area · Lord Selkirk Park
#75 / 95
Bottom 21% · Avg 1,248 sqft
Citywide · Winnipeg
#177,826 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
206k
0255075100
Same streetTop 10%Same areaTop 12%CitywideBottom 9%
Same street · Giiwe Cove
#1 / 10
Top 10% · Avg 185.7k
Same area · Lord Selkirk Park
#11 / 95
Top 12% · Avg 152.3k
Citywide · Winnipeg
#176,838 / 194,458
Bottom 9% · Avg 390.1k

Year Built

above average
1993
0255075100
Same streetTop 10%Same areaTop 8%CitywideTop 21%

Lot Size

around average
3,501 sqft
0255075100
Same streetBottom 30%Same areaBottom 33%CitywideBottom 19%

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

43 Giiwe Cove — 14 amenities found within 500 m, across 8 categories, including 4 dining (nearest 379 m), 3 education (nearest 298 m), 1 healthcare (nearest 338 m).

Search radius
🍽️Dining4
🏫Education3
🏥Healthcare1
🛒Shopping1
🏦Finance1
Fuel Stations1
Worship2
🏛️Government1

Crime & Safety

Lord Selkirk Park · WPS public data · 2026

Annual incidents

46

2026

vs. city avg

+56%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

41%

Sales History

43 Giiwe 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.

Related homes

Highlights & common questions: 43 Giiwe Cove, Winnipeg

Property Overview: 43 Giiwe Cove, Lord Selkirk Park, Winnipeg

Key Characteristics & Appeal

This 792 sqft home, built in 1993, presents a distinct value proposition within its immediate context. Its primary appeal lies in its relative modernity and efficient size for the area. While compact by city-wide standards, the living space is notably above average for Giiwe Cove and the broader Lord Selkirk Park neighbourhood, suggesting a well-proportioned home within a community of older and often smaller houses. The assessed value of $20,600 is significantly above local averages, which typically indicates better condition, updates, or desirability compared to nearby properties, yet it remains a fraction of the Winnipeg city-wide average home value.

The property sits on a 3,501 sqft lot, which is standard for the area. This profile suits practical, value-conscious buyers looking for an entry point into homeownership with lower property tax obligations. It would also appeal to investors seeking a rental property with a manageable entry cost in an established neighbourhood. A less obvious perspective is that this home offers a "large fish in a small pond" dynamic—providing more modern comforts and space than many immediate neighbours, which can be a advantage for comfort and potential resale within the local market.


Frequently Asked Questions

1. Why is the assessed value so low compared to the city average?
Assessed values in Manitoba are primarily for municipal tax purposes and are not market valuations. This home’s value is benchmarked against others in Lord Selkirk Park, where property values are historically lower than the Winnipeg average. Its assessment is actually high for the area, suggesting it is considered one of the better properties locally.

2. What does the ranking data (e.g., "Top 10%") actually mean for me?
These rankings compare this specific property against three groups: its street, its neighbourhood (Lord Selkirk Park), and all of Winnipeg. For example, its living area is in the "Top 10%" on Giiwe Cove, meaning it is larger than 90% of the homes on its own street. This helps you understand its standing in each concentric circle.

3. Is the lack of sales history on the page a concern?
Not necessarily. Many factors can lead to limited public sales data, including long-term ownership or private transactions. The listing advises contacting the site via email to request any exact sold price history they may have on file through manual search.

4. Who would this property not be suitable for?
It may not suit buyers looking for a large lot or extensive square footage by city standards, or those whose priority is proximity to amenities typically found in newer suburban developments. The value is highly localized.

5. How should I interpret the "Similar Assessed Value" properties listed?
These show homes across Winnipeg with the same municipal assessed value for tax purposes. They are not necessarily similar in size, condition, or market value, but illustrate how the same assessment can apply to different property types in different neighbourhoods. It underscores the importance of evaluating a home within its own local context.