39 Marvan Cove

Normand Park, Winnipeg

Property score

79.6

Good

Overall 79.6 · Smaller than most nearby homes

1,485 sqft (bottom 5%) · Built in 2008 (8 yrs newer than avg)

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

Transit 52.0 · 6-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 3 parks, and 1 fuel station nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Near average

8 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

79.6 is composed by the two sections below.

Property Score

79.7Good
Living Area1,485 sqft75Good
Year Built200890Excellent
Lot Size6,692 sqft85Excellent
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

around average
1,485 sqft
0255075100
Same streetBottom 1%Same areaBottom 5%CitywideTop 31%
Same street · Marvan Cove
#10 / 10
Bottom 1% · Avg 2,032 sqft
Same area · Normand Park
#396 / 418
Bottom 5% · Avg 2,070 sqft
Citywide · Winnipeg
#61,204 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
561k
0255075100
Same streetBottom 1%Same areaBottom 41%CitywideTop 11%
Same street · Marvan Cove
#10 / 10
Bottom 1% · Avg 680.6k
Same area · Normand Park
#247 / 418
Bottom 41% · Avg 628.5k
Citywide · Winnipeg
#22,159 / 194,458
Top 11% · Avg 390.1k

Year Built

above average
2008
0255075100
Same streetTop 50%Same areaTop 38%CitywideTop 13%

Lot Size

above average
6,692 sqft
0255075100
Same streetTop 50%Same areaTop 35%CitywideTop 20%

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

39 Marvan Cove — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 445 m), 3 parks (nearest 293 m).

Search radius
🍽️Dining1
🌳Parks3
Fuel Stations1

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 7/2016CA$400k–450k
Sold price

Same street

Bottom 1%

Same area

Bottom 14%

City-wide

Top 24%

Related homes

Highlights & common questions: 39 Marvan Cove, Winnipeg

Property Overview: 39 Marvan Cove, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 39 Marvan Cove in Normand Park is a well-situated property that presents a compelling value proposition within the broader Winnipeg market. Built in 2008, it offers modern construction while being past its initial wear-and-tear phase. With 1,485 sqft of living space, it is notably smaller than most homes on its own street and in the immediate area, but it sits close to the city-wide average, suggesting an efficient, manageable layout. The lot size of 6,692 sqft is generous by city standards, offering ample outdoor space.

The primary appeal lies in its strong value positioning. The home's assessed value of $561k is above average city-wide, yet it is the most affordable property on Marvan Cove and sits around the median for the Normand Park area. This creates an opportunity to own in an established neighbourhood with larger, higher-value homes, often for a lower entry point. It last sold in 2016 for between $400k-$450k, indicating significant equity growth.

This property would ideally suit first-time move-up buyers seeking a modern home in a mature neighbourhood without the premium price tag of the largest houses on the block. It could also appeal to downsizers looking for a manageable single-level layout (assuming bungalow style, based on context) on a private lot, or value-focused investors recognizing the city-wide equity strength and the neighbourhood's stability.

Section 2: Frequently Asked Questions

1. Is this the smallest house on the street?
Yes, based on the provided data, this home has the smallest living area (1,485 sqft) compared to the other nine homes on Marvan Cove, which average about 2,032 sqft.

2. How does its value compare to the rest of Winnipeg?
Its assessed value of $561k ranks within the top 11% city-wide, meaning it is valued higher than approximately 89% of comparable homes in Winnipeg. This indicates strong underlying value in the broader market context.

3. What does the sold price history tell us?
The home sold in July 2016 for an estimated $400,000 to $450,000. The increase to its current $561k assessment suggests substantial appreciation over the past eight years, reflecting market trends and the area's desirability.

4. Is the lot a good size?
At 6,692 sqft, the lot is larger than about 80% of comparable city-wide lots. It is slightly below the average for Marvan Cove and Normand Park, but still provides significant outdoor space relative to most Winnipeg homes.

5. How can I get the exact historical sold prices?
The exact sold prices are not publicly displayed on the site due to data source rules. You can request the full transaction history and exact figures by emailing the provided contact; they will manually look up the information and send it to you.

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