4 Ashwood Cove

Southdale, Winnipeg

Property score

78.8

Good

Overall 78.8 · Compared with neighbourhood average

1,486 sqft (top 49%) · Built in 1976

Located in a high-income area with median household income of ~127k

Transit 82.0 · 6-min walk to transit with 5 nearby routes · Within 500m: 1 healthcare facility, 2 shops, 4 parks, and 2 sports facilitys nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 72%French · 11%

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

Sold Count

548

Median price

490k

$/sqft

$325/sqft

Avg build year

1976

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Property score

78.8 is composed by the two sections below.

Property Score

72.2Good
Living Area75
1,486 sqftGood
Year Built67
1976Good
Lot Size85
6,732 sqftExcellent
Neighbourhood Sales Activity20
Low

Community Score

88.7Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

Southdale

How to read: Share of sales in each ~$50k price band for “southdale” (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: #46110517

Community deep dive

$127K

Median household income

$154K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

12%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)1,083
Labour force participation rate60%
Median age48.0
Avg household size2.7
Unemployment rate4%
Population density2461 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households12%
Couple families with children32%
Median household income (2020)$127K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority11%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 10%

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

Rankings

Living Area

around average
1,486 sqft
0255075100
Same streetBottom 12%Same areaTop 49%CitywideTop 31%
Same street · Ashwood Cove
#7 / 8
Bottom 12% · Avg 1,763 sqft
Same area · Southdale
#957 / 1,942
Top 49% · Avg 1,569 sqft
Citywide · Winnipeg
#61,040 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetBottom 37%Same areaTop 32%CitywideTop 24%
Same street · Ashwood Cove
#5 / 8
Bottom 37% · Avg 512.5k
Same area · Southdale
#614 / 1,942
Top 32% · Avg 458k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1976
0255075100
Same streetTop 13%Same areaTop 37%CitywideTop 39%

Lot Size

above average
6,732 sqft
0255075100
Same streetBottom 1%Same areaBottom 49%CitywideTop 19%

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

4 Ashwood Cove — 11 amenities found within 500 m, across 6 categories, including 1 healthcare (nearest 458 m), 2 shopping (nearest 470 m), 4 parks (nearest 157 m).

Search radius
🏥Healthcare1
🛒Shopping2
🌳Parks4
💪Sports2
🏦Finance1
Worship1

Crime & Safety

Southdale · WPS public data · 2026

Annual incidents

12

2026

vs. city avg

-59%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

83%

Sales History

Sold 7/2020CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 24%

City-wide

Top 47%

Related homes

Highlights & common questions: 4 Ashwood Cove, Winnipeg

Property Overview

4 Ashwood Cove is a well-established, single-storey home in Winnipeg's Southdale neighbourhood. Built in 1976, it sits on a large, 6,732 sqft lot, which is notably above average for its immediate street and area. The home features 1,486 sqft of living space, a renovated basement, and a private pool. It does not have a garage. The property’s current assessed value is $47,700.

Key Characteristics & Appeal

This home’s primary appeal lies in its generous, private outdoor space and move-in-ready condition. The large lot and in-ground pool offer a resort-like backyard setting that is rare for the area, perfect for family summers and entertaining. The renovated basement adds valuable, modern living space. As a one-storey layout, it provides easy living and is suited to those looking to avoid stairs.

It would best suit a buyer prioritizing outdoor living and privacy over a large interior footprint or a garage. The layout is ideal for small families, empty-nesters, or anyone seeking single-level living. A thoughtful perspective is that the home’s above-average lot size represents a long-term value that a future renovation or expansion could capitalize on, unlike a smaller parcel. The 2020 sale price, significantly lower than the current assessed value, suggests the neighbourhood may be appreciating, but buyers should investigate recent upgrades that justify the increase.

Frequently Asked Questions

1. Is the pool a major factor in maintenance costs?
Yes, an in-ground pool requires regular seasonal opening/closing, ongoing chemical maintenance, and has associated utility costs. It's a desirable feature but should be budgeted for annually.

2. How does the lack of a garage affect daily life and value?
For some buyers, it's a significant drawback, especially in Winnipeg winters. It may limit storage and require budgeting for alternative solutions like a shed or carport. This can affect resale value compared to similar homes with garages.

3. The assessed value has risen since the 2020 purchase. What does this mean?
The increase reflects market trends and likely the value of the basement renovation. However, assessed value is for municipal tax purposes; a buyer should always base their offer on recent comparable sales and a professional appraisal.

4. What is the neighbourhood like?
Southdale is a mature, family-oriented neighbourhood with established amenities and schools. The lot rankings show this property is on a quiet street with larger-than-average yards, offering a sense of space.

5. Are there any obvious concerns with a home of this age?
Built in 1976, the major systems (roof, windows, plumbing, electrical) may be at or beyond their typical lifespan. A thorough home inspection is crucial to identify if original components remain and what the renovation entailed.