22 Yachts Cove

Normand Park, Winnipeg

Property score

88.2

Excellent

Overall 88.2 · Larger and newer than most nearby homes

2,880 sqft (top 3%) · Built in 2010 (10 yrs newer than avg)

Located in a high-income area with median household income of ~93k

Transit 72.0 · 11-min walk to transit with 5 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

39% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 70%French · 9%

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

Sold Count

138

Median price

599.9k

$/sqft

$343/sqft

Avg build year

2000

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Property score

88.2 is composed by the two sections below.

Property Score

94.0Excellent
Living Area2,880 sqft98Excellent
Year Built201090Excellent
Lot Size7,345 sqft88Excellent
Neighbourhood Sales Activity80Good

Community Score

79.4Good
Household Income82Excellent
Education Level100Excellent
Housing Stress42Low
Core Housing Need100Excellent
Employment Health42Low

Neighbourhood Sales

Normand Park

How to read: Share of sales in each ~$50k price band for “normand 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: #46110939

Community deep dive

$93K

Median household income

$138K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

29%

Single-person households

24%

Families with children

Population, labour & age

Population (2021)2,054
Labour force participation rate46%
Median age60.8
Avg household size2.2
Unemployment rate5%
Population density1378 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households29%
Couple families with children24%
Median household income (2020)$93K

Housing

Renter households49%
Condominium dwellings7%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority14%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

Elite
2,880 sqft
0255075100
Same streetTop 11%Same areaTop 3%CitywideTop 1%
Same street · Yachts Cove
#1 / 9
Top 11% · Avg 2,404 sqft
Same area · Normand Park
#13 / 418
Top 3% · Avg 2,070 sqft
Citywide · Winnipeg
#2,479 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
892k
0255075100
Same streetTop 33%Same areaTop 6%CitywideTop 2%
Same street · Yachts Cove
#3 / 9
Top 33% · Avg 784.1k
Same area · Normand Park
#26 / 418
Top 6% · Avg 628.5k
Citywide · Winnipeg
#2,988 / 194,458
Top 2% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 22%Same areaTop 10%CitywideTop 11%

Lot Size

above average
7,345 sqft
0255075100
Same streetBottom 44%Same areaTop 25%CitywideTop 14%

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

22 Yachts Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 47 m).

Search radius
🌳Parks2

Crime & Safety

Normand Park · WPS public data · 2025

Annual incidents

24

2025

vs. city avg

-19%

relative to avg

Year-over-year

▲ +41%

vs. prior year

Primary type

Property

88%

Sales History

Sold 12/2016CA$750k–800k
Sold price

Same street

Bottom 1%

Same area

Top 14%

City-wide

Top 2%

Related homes

Highlights & common questions: 22 Yachts Cove, Winnipeg

Property Overview: 22 Yachts Cove, Normand Park, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This is a substantial, modern family home built in 2010, situated on a generous 7,345 sqft lot in the Normand Park neighbourhood. Its primary strength is its significant scale, offering 2,880 sqft of living space. This places it among the largest homes not just on its street, but in the wider area and city, ranking in the top 3% locally and top 1% city-wide for size. With an assessed value of $892,000, it represents an above-average investment for the neighbourhood and an elite-tier property compared to the Winnipeg average.

The appeal lies in the combination of a contemporary build (just over a decade old) and expansive square footage, providing move-in-ready space without the need for major updates. A thoughtful perspective is its positioning on the street: while the home itself is the largest, its assessed value is around the average for Yachts Cove, which could suggest a value opportunity relative to its size or reflect the premium lot sizes typical of this specific enclave. The property suits buyers looking for a established, high-capacity family home in a mature neighbourhood, who prioritize interior space over having the absolute largest lot on the block. It’s ideal for those seeking a property that stands out in scale compared to most of the city, while being part of a consistent, higher-value streetscape.

Frequently Asked Questions

1. How does the assessed value relate to likely market price?
The assessed value of $892,000 is for municipal tax purposes. Market value is determined by current buyer demand. The home last sold between $750,000-$800,000 in late 2016, and its value has appreciated since. Exact recent comparable sales data requires a manual lookup.

2. Is the lot size a pro or con?
At 7,345 sqft, the lot is above average for both the city and Normand Park, offering ample outdoor space. It is, however, slightly smaller than the average lot on Yachts Cove itself. This indicates the street features very large lots, and this property offers a balance of a spacious yard with a disproportionately large home footprint.

3. What does the "Elite" ranking for living area actually mean?
The rankings compare the home against specific groups. Its living area is larger than 99% of all Winnipeg homes, 97% of homes in Normand Park, and 89% of homes on Yachts Cove. This clearly highlights its standout feature: exceptional interior space.

4. The home was built in 2010. What should I consider about its age?
A 2010 build means major systems (roof, HVAC, windows) are likely original and may be approaching mid-life maintenance or replacement. The advantage is a modern layout and building standards, but a pre-purchase inspection is wise to assess the condition of these components.

5. How can I verify the exact past sale prices?
Due to data display regulations, exact sold prices are not published on the site. You can request the full transaction history via email, and the team will provide the verified figures manually, typically by the end of the same business day.

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