Property score
56.2
Fair
Overall 56.2 · Smaller and older than most nearby homes
840 sqft (bottom 6%) · Built in 1972 (4 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 4 parks, and 1 place of worship nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 3%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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56.2 is composed by the two sections below.
Property Score
Community Score
River East
How to read: Share of sales in each ~$50k price band for “river east” (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: #46110743
$96K
Median household income
$96K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
19%
Single-person households
25%
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
11 Tranquility Cove — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 498 m), 1 healthcare (nearest 488 m), 4 parks (nearest 115 m).
River East · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 36% | Top 44% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 11 Tranquility Cove, Winnipeg
Key Characteristics & Appeal
This 840 sqft home, built in 1972, presents a practical and affordable entry point into Winnipeg’s River East neighborhood. Its primary appeal lies in its value proposition: with an assessed value of $313k, it sits below the area average, offering a lower property tax base and an accessible price point for its street and wider community. The home recently sold within the $350k-$400k range, aligning with this value-oriented profile.
The house suits first-time buyers, downsizers, or investors seeking a manageable footprint without a premium price tag. While its living and land area are modest compared to many area homes, it represents a turnkey opportunity on a quiet street. A less obvious advantage is its "elite" ranking for year built on its own street—it is the newest home among its direct neighbors, suggesting potentially fewer immediate age-related issues compared to others on the block. This is a home for those prioritizing financial efficiency and a solid foundation in a established neighborhood over spaciousness.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 840 sqft, the living area is modest. It is slightly below the average for Tranquility Cove itself (~997 sqft) and more notably below the broader River East neighborhood average (~1,399 sqft).
2. Is the assessed value high for the area?
No. The assessed value of $313k is below the averages for both its immediate street ($332.2k) and the River East neighborhood ($401.1k). City-wide, it is around the average benchmark.
3. What is the significance of the "elite" year-built ranking?
On its own street of 28 comparable homes, this 1972-built home ranks #1. This means it is the newest house on the block, which can be a positive indicator for the condition of fundamental structural components compared to older neighbors.
4. How large is the lot?
The lot is 4,998 sqft, which is below the street and neighborhood averages but close to the city-wide average for comparable homes.
5. Where can I find the exact sold price?
The public sold data shows a range of CA$350k–$400k. Due to data source rules, exact sold prices are not displayed automatically but can be requested directly from the site via email for verification.
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