78 Cormorant Bay

Southdale, Winnipeg

Property score

72.9

Good

Overall 72.9 · Smaller and older than most nearby homes

1,220 sqft (bottom 25%) · Built in 1967 (9 yrs older than avg)

Located in a high-income area with median household income of ~123k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 5 parks, 1 sports facility, and 2 place of worships nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 79%French · 8%

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

72.9 is composed by the two sections below.

Property Score

62.1Fair
Living Area1,220 sqft66Good
Year Built196752Fair
Lot Size5,562 sqft74Good
Neighbourhood Sales Activity20Low

Community Score

89.0Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110587

Community deep dive

$123K

Median household income

$136K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)815
Labour force participation rate58%
Median age50.0
Avg household size2.7
Unemployment rate8%
Population density1358 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households11%
Couple families with children33%
Median household income (2020)$123K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority15%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 79%
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
1,220 sqft
0255075100
Same streetTop 47%Same areaBottom 25%CitywideTop 48%
Same street · Cormorant Bay
#28 / 59
Top 47% · Avg 1,286 sqft
Same area · Southdale
#1,461 / 1,942
Bottom 25% · Avg 1,569 sqft
Citywide · Winnipeg
#93,750 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
400k
0255075100
Same streetTop 42%Same areaBottom 22%CitywideTop 38%
Same street · Cormorant Bay
#25 / 59
Top 42% · Avg 396.3k
Same area · Southdale
#1,516 / 1,942
Bottom 22% · Avg 458k
Citywide · Winnipeg
#74,505 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1967
0255075100
Same streetTop 14%Same areaBottom 15%CitywideBottom 49%

Lot Size

around average
5,562 sqft
0255075100
Same streetBottom 3%Same areaBottom 9%CitywideTop 41%

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

78 Cormorant Bay — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 409 m), 5 parks (nearest 385 m).

Search radius
🏫Education1
🌳Parks5
💪Sports1
Worship2

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 10/2022CA$400k–450k
Sold price

Same street

Bottom 47%

Same area

Top 48%

City-wide

Top 32%

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