84.0
Excellent
Property score
84.0
Excellent
Overall 84.0
Older than most nearby homes
2,018 sqft (top 50%)
Built in 1987 (13 yrs older than avg)
Located in a high-income area
with median household income of ~93k
Transit 68.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 park, 1 fuel station, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
2% smaller than neighborhood avg.
Year Built
Below average
13 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 9%
Past 10 years Normand Park sales snapshot (~80% of all data)
138
599.9k
$343/sqft
2000
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84.0 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110939
$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
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
27 Kara Cove — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 437 m), 1 parks (nearest 226 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 25% | Bottom 49% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 27 Kara Cove, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and established character. Its primary strength is its generous 2,018 sqft living area, which places it well above the Winnipeg average, offering ample room for families or those who appreciate spacious interiors. With an assessed value of $537,000, it sits above average for its immediate street and city-wide, suggesting a solid valuation in its market. Built in 1987, the property is among the newer homes on its street but is part of an older cohort within the broader Normand Park area, indicating a mature neighbourhood with settled streetscapes.
The appeal lies in this balance: you get a larger-than-average home for the city at a value that is competitive on its own street. A thoughtful perspective is that while the lot size is smaller than others on Kara Cove, this often translates to less yard maintenance without sacrificing indoor living space—a practical trade-off for many buyers. It would suit a buyer looking for a move-in ready, spacious home in an established neighbourhood, who prioritizes interior square footage over a large yard and appreciates the stability of a well-valued property in a mature community.
Frequently Asked Questions
1. How does the lot size impact the property?
At 5,515 sqft, the lot is smaller than most on its street but is near the city-wide average. This typically means a more manageable yard with less upkeep, while the home itself offers above-average living space.
2. Is the 1987 build date a concern?
The home is newer than most on its street and city-wide, but older than many in Normand Park. This suggests it may have updates while still being of an age where a thorough inspection of major systems (roof, HVAC) is advisable.
3. What does the sold price history indicate?
Records show it last sold in August 2021 for an estimated $550k-$600k. This recent sale, close to its current assessed value, indicates stable market performance in recent years.
4. How does it rank for value in the area?
Its assessed value ranks above average on its street and city-wide, but is around the middle range for the Normand Park area. This positions it as a strong value within its immediate locale.
5. Who would this home not suit?
Buyers seeking a very large yard or a brand-new construction in a recently developed suburb might find the lot size and 1987 vintage less appealing. It's best for those who value established neighbourhoods and interior space.
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