Property score
80.9
Excellent
Overall 80.9 · Larger than most nearby homes
1,702 sqft (top 19%) · Built in 1987 (2 yrs older than avg)
Located in a high-income area with median household income of ~115k
Transit 76.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby
Living Area
Above average
26% larger than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 43%Punjabi · 21%
Past 10 years Mandalay West sales snapshot (~80% of all data)
472
454k
$385/sqft
1989
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80.9 is composed by the two sections below.
Property Score
Community Score
Mandalay West
How to read: Share of sales in each ~$50k price band for “mandalay west” (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: #46110189
$115K
Median household income
$118K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
8%
Single-person households
32%
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
3 Deepwater Cove — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 240 m).
Mandalay West · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
43%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Top 48% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 3 Deepwater Cove in Winnipeg's Mandalay West neighbourhood presents a well-established property with strong comparative metrics. Built in 1987, it sits on a generous 7,792 sqft lot that is significantly larger than typical city and neighbourhood lots, offering ample outdoor space. The 1,702 sqft living area is comfortably above the citywide average. Its appeal lies in its balanced position: it's not an outlier in any single category but offers a solid, above-average package for the area. The assessed value is consistent with nearby homes on the street, suggesting a fair and stable valuation within a mature community.
This property would suit a buyer looking for a established home in a settled neighbourhood, who values a larger lot for privacy, gardening, or expansion potential over a brand-new build. It's a practical choice for those seeking space and value without venturing into the premium price tiers of the area.
Frequently Asked Questions
How does this home truly compare in its immediate area?
While its living area and assessed value are around the street average, its lot size is a standout feature compared to the wider city and even the neighbourhood, which generally features above-average lots.
What does the "below average" ranking for year built on the street mean?
On Deepwater Cove, this 1987 build is older than most direct neighbours (the street average is 1992). This indicates the street has some newer homes, but citywide, a 1987 build is still newer than the Winnipeg average.
Is the assessed value a reliable indicator of market price?
The assessed value ($46.50k) is for municipal tax purposes. The last known sold price range (2019) was $350k-$400k. Market value is determined by current conditions, but the assessment suggests the property is consistently valued in line with its immediate peers.
What are the advantages of a home built in this era (late 1980s)?
Homes from this period often benefit from modernized building codes compared to mid-century builds, while typically avoiding some of the complex issues sometimes found in very new, rapidly built properties. Major components like the roof or furnace may be due for inspection or replacement given the home's age.
How can I get the exact historical sold price?
The exact sold price is not publicly displayed due to privacy regulations. You can request it by email through the listing page; the service provider manually retrieves and sends the accurate figure, typically by the end of the same business day.
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