10 Rainbow Cove

Southland Park, Winnipeg

Property score

87.8

Excellent

Overall 87.8 · Larger but older than most nearby homes

2,279 sqft (top 8%) · Built in 1988 (7 yrs older than avg)

Located in a high-income area with median household income of ~124k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

30% larger than neighborhood avg.

Year Built

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 71%French · 10%

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

Sold Count

97

Median price

593k

$/sqft

$281/sqft

Avg build year

1995

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Property score

87.8 is composed by the two sections below.

Property Score

88.2Excellent
Living Area96
2,279 sqftExcellent
Year Built78
1988Good
Lot Size91
7,851 sqftExcellent
Neighbourhood Sales Activity28
Low

Community Score

87.1Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

Southland Park

How to read: Share of sales in each ~$50k price band for “southland 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: #46110879

Community deep dive

$124K

Median household income

$158K

Average household income

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

13%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)297
Labour force participation rate55%
Median age49.2
Avg household size2.7
Unemployment rate7%
Population density120 / km²

Households & income

Low income (LIM-AT, % pop.)
Single-person households13%
Couple families with children36%
Median household income (2020)$124K

Housing

Renter households0%
Condominium dwellings9%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority0%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 71%
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

Elite
2,279 sqft
0255075100
Same streetTop 20%Same areaTop 8%CitywideTop 5%
Same street · Rainbow Cove
#2 / 10
Top 20% · Avg 1,919 sqft
Same area · Southland Park
#28 / 363
Top 8% · Avg 1,757 sqft
Citywide · Winnipeg
#10,291 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
575k
0255075100
Same streetTop 40%Same areaTop 16%CitywideTop 10%
Same street · Rainbow Cove
#4 / 10
Top 40% · Avg 559.6k
Same area · Southland Park
#58 / 363
Top 16% · Avg 532.5k
Citywide · Winnipeg
#19,372 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
1988
0255075100
Same streetBottom 20%Same areaBottom 8%CitywideTop 24%

Lot Size

above average
7,851 sqft
0255075100
Same streetBottom 20%Same areaTop 17%CitywideTop 12%

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

10 Rainbow Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 434 m).

Search radius
🌳Parks1

Crime & Safety

Southland Park · WPS public data · 2025

Annual incidents

12

2025

vs. city avg

-59%

relative to avg

Year-over-year

-48%

vs. prior year

Primary type

Property

58%

Sales History

10 Rainbow Cove: 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.

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