5 Meghan Cove

Springfield South, Winnipeg

Property score

71.3

Good

Overall 71.3 · Compared with neighbourhood average

1,244 sqft (top 38%) · Built in 1978 (3 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 71%Punjabi · 9%

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

Sold Count

144

Median price

410k

$/sqft

$315/sqft

Avg build year

1981

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Property score

71.3 is composed by the two sections below.

Property Score

65.2Good
Living Area1,244 sqft66Good
Year Built197867Good
Lot Size5,608 sqft74Good
Neighbourhood Sales Activity23Low

Community Score

80.4Excellent
Household Income84Excellent
Education Level54Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Springfield South

How to read: Share of sales in each ~$50k price band for “springfield south” (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: #46110781

Community deep dive

$98K

Median household income

$115K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

14%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)637
Labour force participation rate70%
Median age43.6
Avg household size2.7
Unemployment rate3%
Population density1225 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households14%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority36%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Punjabi · 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
1,244 sqft
0255075100
Same streetBottom 44%Same areaTop 38%CitywideTop 46%
Same street · Meghan Cove
#5 / 9
Bottom 44% · Avg 1,371 sqft
Same area · Springfield South
#192 / 508
Top 38% · Avg 1,250 sqft
Citywide · Winnipeg
#89,786 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
401k
0255075100
Same streetTop 44%Same areaTop 34%CitywideTop 38%
Same street · Meghan Cove
#4 / 9
Top 44% · Avg 385.6k
Same area · Springfield South
#173 / 508
Top 34% · Avg 364.9k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

around average
1978
0255075100
Same streetTop 33%Same areaTop 45%CitywideTop 35%

Lot Size

around average
5,608 sqft
0255075100
Same streetBottom 22%Same areaBottom 40%CitywideTop 40%

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

5 Meghan Cove — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 471 m), 3 parks (nearest 199 m).

Search radius
🏫Education1
🌳Parks3

Crime & Safety

Springfield South · WPS public data · 2026

Annual incidents

10

2026

vs. city avg

-66%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

90%

Sales History

Sold 5/2024CA$400k–450k
Sold price

Same street

Top 25%

Same area

Top 12%

City-wide

Top 24%

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