7 Sandy Cove

Southboine, Winnipeg

Property score

80.8

Excellent

Overall 80.8 · Larger and newer than most nearby homes

2,337 sqft (top 25%) · Built in 1979 (4 yrs newer than avg)

Located in a above-average income area with median household income of ~79k

Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Above average

19% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 1%

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

Sold Count

71

Median price

1.18M

$/sqft

$362/sqft

Avg build year

1975

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Property score

80.8 is composed by the two sections below.

Property Score

87.6Excellent
Living Area2,337 sqft96Excellent
Year Built197967Good
Lot Size8,071 sqft93Excellent
Neighbourhood Sales Activity53Fair

Community Score

70.5Good
Household Income76Good
Education Level72Good
Housing Stress63Fair
Core Housing Need76Good
Employment Health42Low

Neighbourhood Sales

Southboine

How to read: Share of sales in each ~$50k price band for “southboine” (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: #46111099

Community deep dive

$79K

Median household income

$116K

Average household income

16%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.3

P90 / P10 ratio

33%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)1,349
Labour force participation rate53%
Median age55.6
Avg household size2.2
Unemployment rate12%
Population density2645 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households33%
Couple families with children16%
Median household income (2020)$79K

Housing

Renter households53%
Condominium dwellings7%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority6%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,337 sqft
0255075100
Same streetTop 20%Same areaTop 25%CitywideTop 4%
Same street · Sandy Cove
#1 / 5
Top 20% · Avg 1,707 sqft
Same area · Southboine
#66 / 260
Top 25% · Avg 1,969 sqft
Citywide · Winnipeg
#8,632 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
545k
0255075100
Same streetTop 20%Same areaBottom 48%CitywideTop 13%
Same street · Sandy Cove
#1 / 5
Top 20% · Avg 494.2k
Same area · Southboine
#135 / 260
Bottom 48% · Avg 592.8k
Citywide · Winnipeg
#25,913 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
1979
0255075100
Same streetTop 20%Same areaTop 20%CitywideTop 34%

Lot Size

above average
8,071 sqft
0255075100
Same streetTop 40%Same areaBottom 32%CitywideTop 11%

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

7 Sandy Cove — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 224 m).

Search radius
🌳Parks3

Crime & Safety

Southboine · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

67%

Sales History

Sold 7/2024CA$550k–600k
Sold price

Same street

Top 33%

Same area

Top 49%

City-wide

Top 11%

Related homes

Highlights & common questions: 7 Sandy Cove, Winnipeg

Property Overview: 7 Sandy Cove, Southboine, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This is a spacious, well-established two-storey home in the Southboine neighbourhood, built in 1979. Its primary appeal lies in its generous proportions and mature setting. With over 2,300 square feet of living space on a large 8,071 sqft lot, it offers significant room for a growing family. The home features a finished basement and an attached garage. Recent market activity is clear, with a sale recorded in July 2024 at $550,000, closely aligning with its current municipal assessment.

The home’s standout feature is its space—it ranks within the top 4% of Winnipeg homes for living area. This makes it a compelling option for buyers seeking more square footage than typical newer builds offer at a similar point. The large lot provides privacy and potential for gardening or outdoor enjoyment. Its competitive rankings within the immediate street and neighbourhood suggest it is a solid, above-average property in its local context, rather than a luxury outlier. This property would best suit a buyer who values established communities, larger interior spaces, and a substantial yard over a brand-new construction. It’s a practical choice for a family looking for a long-term home with room to grow, without the premium price tag of a newer or fully renovated property in a more central area.


Frequently Asked Questions

1. How does the recent sale price compare to the assessment?
The home sold for $550,000 in July 2024, which is very close to its current municipal assessment of $545,000. This suggests the market value and tax assessment are in strong agreement.

2. Is the lot size a significant feature?
Yes. At over 8,000 square feet, the lot is considerably larger than many found in newer subdivisions. This offers more privacy, space for recreation, and gardening potential—a key advantage for those wanting a substantial outdoor area.

3. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate area. For example, ranking in the "top 11%" in Winnipeg for living area means 89% of city homes are smaller. It’s a useful, data-driven way to gauge the home’s relative size and value against its peers.

4. Given its age, what should I budget for maintenance or updates?
Built in 1979, major components like the roof, windows, and mechanical systems (furnace, water heater) may be at or beyond their typical service life. A thorough inspection is essential, and buyers should be prepared for potential updates to maintain efficiency and comfort.

5. How does this location in Southboine compare to other Winnipeg neighbourhoods?
The rankings indicate that within the broader Winnipeg context, this home offers more space and value than nearly 90% of properties. This suggests you get more "house" for your money here compared to many other areas, though it may come with a longer commute or different neighbourhood character than more central, densely built locales.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.