Property score
67.7
Good
Overall 67.7 · Smaller and older than most nearby homes
1,040 sqft (bottom 5%) · Built in 1966 (10 yrs older than avg)
Located in a high-income area with median household income of ~127k
Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 1 school, 4 parks, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 72%French · 11%
Past 10 years Southdale sales snapshot (~80% of all data)
548
490k
$325/sqft
1976
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67.7 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110517
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
83 Cormorant Bay — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 414 m), 4 parks (nearest 382 m).
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%
83 Cormorant Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
83 Cormorant Bay is a well-situated bi-level home in Winnipeg's Southdale neighbourhood, built in 1966. Its key appeal lies in a combination of space, location, and value. The home sits on a large, 5,773 sqft lot that ranks in the top 10% of the neighbourhood for size, offering ample outdoor potential. The living area of 1,040 sqft is also notably above average for the immediate street. A significant feature is the renovated basement, which adds valuable finished space. The property includes a detached garage.
Its appeal is grounded in solid fundamentals: it's a larger-than-average property in a desirable area, with the heavy lifting of a basement renovation already completed. The assessed value positions it as a accessible entry point into Southdale. This home would suit first-time buyers or downsizers looking for a manageable bi-level layout with room to grow or garden, and for value-focused buyers who prioritize lot size and move-in readiness over a newer build date. A thoughtful perspective is that while the home is 60 years old, its above-average rankings for both lot and living space in a mature neighbourhood like Southdale suggest a property with enduring utility and scarcity value that newer subdivisions often lack.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key point for clarification, as it could range from updated finishes to a fully developed legal suite or additional living space.
2. How does the assessed value relate to the likely selling price?
The assessed value is $40,300k for municipal tax purposes. In Winnipeg's market, selling prices are typically higher than the assessed value. Reviewing the list prices of the "Worth viewing" comparable properties provided (e.g., 231 Edgewater Drive, assessed at $45.20k) will give a more realistic expectation of current market value.
3. Is the lot size a major advantage?
Yes. The lot is in the top 17% for size on its street and top 10% in Southdale. This is a less obvious but significant asset, offering more privacy, landscaping potential, and future expansion options than many neighbouring properties.
4. What are the implications of the home's age (1966)?
While the building is 60 years old, the renovated basement addresses a major update. Buyers should focus on the condition of major 1966-era components not mentioned, such as the roof, windows, and major systems (plumbing, electrical, heating), and budget for their maintenance or updating.
5. How does this home compare to others in the area?
The provided comparisons show it has a smaller living area than many similar Southdale homes but a competitively low assessed value and a larger-than-average lot. It appears to be a more land-value and value-conscious option compared to larger, higher-assessed homes on the same street.
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