131 Sovereign Cove

Bi-LevelBuilt 2004Living Area 1,136 sqftAttached Garage
Sale History
SOLDin Jun 2022
550K±5,000↗12yr +83.3%
Tax Assessment
514k(prev. 454k)
+60k(+13.2%)
DateSold PriceNeighbourhood
2022-06Sold550K±5,00010/69
2010-04Sold300K±5,00021/69

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
↑
Below average1,136 sqft · top 75% in area · built 2004 · 17 yrs newer than avg
$
High-income areaMedian household income ~$105K · top tier income demographics
→
6-min walk to transit3 nearby routes · score 70/100
Score

Property score

Overall score
72.6● Good
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
64.8
Fair
Living area
60
Year built
87
Lot size
60
Sales activity
48
Community Score
84.4
Good
Income
87
Education
82
Housing
74
Core need
88
Employment
83
Rankings

How it stacks up

Each metric compared against 32 homes on Sovereign Cove, 1,505 in Templeton-Sinclair, and 194,457 citywide. Polygon points further from the centre = better rank.
Living Area
1,136 sqft
● BELOW AVERAGE
StreetBottom 25%AreaBottom 25%CityBottom 43%
Same street
Bottom 25%
#24 / 32
Bottom 25%
#1,129 / 1,505
Citywide
Winnipeg
Bottom 43%
#109,975 / 194,457
Tax-Assessed Value
514 k
● NEAR AVERAGE
StreetBottom 37%AreaTop 35%CityTop 26%
Same street
Bottom 37%
#20 / 32
Top 35%
#520 / 1,505
Citywide
Winnipeg
Top 26%
#51,218 / 194,455
Year Built
2004
● ABOVE AVERAGE
StreetTop 3%AreaTop 15%CityTop 15%
Same street
Top 3%
#1 / 32
Top 15%
#227 / 1,505
Citywide
Winnipeg
Top 15%
#29,801 / 194,457
Lot Size
4,947 sqft
● BELOW AVERAGE
StreetBottom 22%AreaBottom 37%CityBottom 42%
Same street
Bottom 22%
#25 / 32
Bottom 37%
#954 / 1,505
Citywide
Winnipeg
Bottom 42%
#112,296 / 194,457
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
131 Sovereign Cove: Living Area Analysis

Street Level (Sovereign Cove): Below Average. Ranked #24 out of 32 (Bottom 25%). The street average for comparable homes is 1,408 sqft.

Neighborhood Level (Templeton-Sinclair): Below Average. Ranked #1,129 out of 1,505 (Bottom 25%). The neighborhood average for comparable homes is 1,521 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #109,975 out of 194,457 (Bottom 43%). The citywide average for comparable homes is 1,342 sqft.

131 Sovereign Cove: Tax-Assessed Value Analysis

Street Level (Sovereign Cove): Below Average. Ranked #20 out of 32 (Bottom 37%). The street average for comparable homes is 526.6k.

Neighborhood Level (Templeton-Sinclair): Around Average. Ranked #520 out of 1,505 (Top 35%). The neighborhood average for comparable homes is 464.3k.

Citywide Level (Winnipeg): Around Average. Ranked #51,218 out of 194,455 (Top 26%). The citywide average for comparable homes is 435.4k.

131 Sovereign Cove: Year Built Analysis

Street Level (Sovereign Cove): Above Average. Ranked #1 out of 32 (Top 3%). The street average for comparable homes is 2004.

Neighborhood Level (Templeton-Sinclair): Above Average. Ranked #227 out of 1,505 (Top 15%). The neighborhood average for comparable homes is 1987.

Citywide Level (Winnipeg): Above Average. Ranked #29,801 out of 194,457 (Top 15%). The citywide average for comparable homes is 1966.

131 Sovereign Cove: Lot Size Analysis

Street Level (Sovereign Cove): Below Average. Ranked #25 out of 32 (Bottom 22%). The street average for comparable homes is 6,116 sqft.

Neighborhood Level (Templeton-Sinclair): Below Average. Ranked #954 out of 1,505 (Bottom 37%). The neighborhood average for comparable homes is 5,723 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #112,296 out of 194,457 (Bottom 42%). The citywide average for comparable homes is 6,570 sqft.

Market

Templeton-Sinclair market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
465
last 14 years
Median price
380.9k
14-year area median
Price per sqft
$286/sqft
area average
Avg build year
1987
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
67.9%
Buyer'sBalancedSeller's
Sold
1,822
New listings
2,684
Sold above asking?
Last 7 days
Majority over ask
56%
Below ask56% above
79 of 141 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-05

How to read: Share of sales in each ~$50k price band for “templeton-sinclair” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

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Weekly report
Winnipeg Market Report — Jun 8–14, 2026
Winnipeg's market remained active this week, with 56% of homes selling over asking and a stable $455,000 median sold price. But the premium was thinner than the previous sample: the median over-ask result was +$11,000, not a runaway bidding market across the board. For sellers, the message is still timing and pricing. The first 10 days remain the strongest window for competition. After that, the probability of a discount rises quickly. For buyers, the best opportunities are not necessarily in the cheapest homes, but in listings that have missed the early bidding window. Once a home sits beyond two weeks, negotiation room becomes much more visible.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Nearby rentals?
Apartments within 2 km
2 km
24
Buildings
18
Available
$995 - $2,092
Rent range

A quick signal for rental-market activity, potential tenant demand, and rental competition around this home.

View Winnipeg rental map →
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110002 · Statistics Canada 2021 Census · Population 3678
3,678
Population (2021)
31.6
Median age
3.2
Avg household size
744 / km²
Population density
Distribution by household income band
20k-25k
1%
25k-30k
1%
30k-35k
1%
35k-40k
2%
40k-45k
2%
45k-50k
2%
50k-60k
6%
60k-70k
7%
70k-80k
7%
80k-90k
8%
90k-100k
8%
100k-125k
18%
125k-150k
13%
150k-200k
14%
200k plus
8%
$105K
Median household income
$112K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
13%
Single-person households
40%
Families with children
77%
Labour participation
9%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

131 Sovereign Cove — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 230 m).

Search radius
🌳Parks4

Crime & safety

Templeton-Sinclair · WPS public data
Full crime data →
Annual incidents
53
2026
vs. city average
+80%
▲ relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
85% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
wednesday
Recycling
wednesday
Yard waste
wednesday a

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 131 Sovereign Cove. No advertising. Data source details →

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Highlights & common questions

Is this home right for you?

Property highlights

Overall 72.6

Smaller but newer than most nearby homes

1,136 sqft (bottom 25%)

Built in 2004 (17 yrs newer than avg)

Located in a high-income area

with median household income of ~105k

Transit 70.0

6-min walk to transit with 3 nearby routes

Within 500m: 4 parks nearby