31 Kara Cove

Normand Park, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Older than most nearby homes

2,005 sqft (bottom 48%) · 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, 2 parks, 1 fuel station, and 1 place of worship nearby

Living Area

Near average

3% 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)

Sold Count

138

Median price

599.9k

$/sqft

$343/sqft

Avg build year

2000

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Property score

84.6 is composed by the two sections below.

Property Score

88.1Excellent
Living Area2,005 sqft94Excellent
Year Built198778Good
Lot Size6,295 sqft81Excellent
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

above average
2,005 sqft
0255075100
Same streetBottom 37%Same areaBottom 48%CitywideTop 11%
Same street · Kara Cove
#5 / 8
Bottom 37% · Avg 1,978 sqft
Same area · Normand Park
#217 / 418
Bottom 48% · Avg 2,070 sqft
Citywide · Winnipeg
#20,836 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
488k
0255075100
Same streetBottom 12%Same areaBottom 11%CitywideTop 22%
Same street · Kara Cove
#7 / 8
Bottom 12% · Avg 515.6k
Same area · Normand Park
#374 / 418
Bottom 11% · Avg 628.5k
Citywide · Winnipeg
#42,318 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1987
0255075100
Same streetTop 25%Same areaBottom 12%CitywideTop 25%

Lot Size

above average
6,295 sqft
0255075100
Same streetBottom 37%Same areaTop 48%CitywideTop 25%

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

31 Kara Cove — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 429 m), 2 parks (nearest 232 m).

Search radius
🍽️Dining1
🌳Parks2
Fuel Stations1
Worship1

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 7/2023CA$450k–500k
Sold price

Same street

Bottom 25%

Same area

Bottom 26%

City-wide

Top 17%

Related homes

Highlights & common questions: 31 Kara Cove, Winnipeg

Property Overview: 31 Kara Cove, Winnipeg

Key Characteristics & Appeal

This home at 31 Kara Cove in Normand Park presents a compelling mix of space, value, and established character. Built in 1987, its 2,005 sqft of living area is notably spacious compared to the Winnipeg average, offering ample room for families. The lot size of 6,295 sqft is also above the city-wide norm, providing generous outdoor space.

The primary appeal lies in its value proposition. With an assessed value of $488,000, it sits below the average for both its immediate street and the broader Normand Park area, suggesting a potentially attractive entry point into this neighborhood. However, it remains above the city-wide average for assessed value, indicating a solid investment in a desirable location. This creates an interesting dynamic: it’s a larger, older-home-on-a-good-lot play within its own micro-area, while still representing a premium compared to the typical Winnipeg home.

This property would suit value-conscious buyers looking for established character and more space than a newer suburban home might offer at a similar price point. It’s ideal for those who prioritize indoor and outdoor square footage over being in the newest house on the block and who see potential in a home from the late 1980s.


Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The assessed value is below the average for both Kara Cove and the wider Normand Park area, which could indicate a relative value opportunity or reflect factors like specific condition or updates needed compared to nearby homes.

2. Is the living space considered large?
Yes. At just over 2,000 sqft, the living area is significantly above the Winnipeg city-wide average, placing it in the top 11% of homes city-wide for size. It is comfortably average for the immediate neighborhood.

3. What does the "Sold 7/2023 CA$450k–500k" price indicate?
This shows the home was sold in July 2023 for an estimated price within that range. This recent sale provides a concrete market benchmark from just over a year ago, which can be more relevant than the assessed value for understanding current market dynamics.

4. The home was built in 1987. What should I consider?
A home of this age is likely to have major systems (roof, windows, HVAC) that are at or beyond their typical lifespan. A thorough inspection is crucial, but this era of home also often features mature landscaping and established neighborhood appeal.

5. How can I get the exact historical sold prices?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing them directly; they provide this data manually without using your email for marketing.

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