11 Zacharias Place

River East, Winnipeg

Property score

86.3

Excellent

Overall 86.3 · Larger and newer than most nearby homes

2,123 sqft (top 8%) · Built in 1980 (4 yrs newer than avg)

Located in a high-income area with median household income of ~130k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby

Living Area

Above average

52% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 79%Chinese · 1%

Past 10 years River East sales snapshot (~80% of all data)

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

86.3 is composed by the two sections below.

Property Score

85.1Excellent
Living Area2,123 sqft94Excellent
Year Built198067Good
Lot Size7,776 sqft91Excellent
Neighbourhood Sales Activity32Low

Community Score

88.0Excellent
Household Income92Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

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: #46110738

Community deep dive

$130K

Median household income

$138K

Average household income

1%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

14%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)456
Labour force participation rate66%
Median age46.8
Avg household size2.7
Unemployment rate5%
Population density2533 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households14%
Couple families with children35%
Median household income (2020)$130K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority7%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,123 sqft
0255075100
Same streetTop 50%Same areaTop 8%CitywideTop 8%
Same street · Zacharias Place
#3 / 6
Top 50% · Avg 2,044 sqft
Same area · River East
#237 / 2,836
Top 8% · Avg 1,399 sqft
Citywide · Winnipeg
#15,576 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
577k
0255075100
Same streetTop 33%Same areaTop 4%CitywideTop 10%
Same street · Zacharias Place
#2 / 6
Top 33% · Avg 530.5k
Same area · River East
#106 / 2,836
Top 4% · Avg 401.1k
Citywide · Winnipeg
#19,017 / 194,458
Top 10% · Avg 390.1k

Year Built

above average
1980
0255075100
Same streetTop 17%Same areaTop 26%CitywideTop 34%

Lot Size

above average
7,776 sqft
0255075100
Same streetTop 50%Same areaTop 23%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

11 Zacharias Place — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 328 m).

Search radius
🌳Parks3

Crime & Safety

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%

Sales History

Sold 7/2022CA$550k–600k
Sold price

Same street

Top 25%

Same area

Top 3%

City-wide

Top 8%

Related homes

Highlights & common questions: 11 Zacharias Place, Winnipeg

Property Overview: 11 Zacharias Place, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established home on a quiet street in River East presents a compelling blend of space, location, and value. Built in 1980, it offers over 2,100 square feet of living area, which places it significantly above average for both the neighborhood and the city. The lot size of just under 7,800 square feet provides ample outdoor space, also ranking above Winnipeg norms.

The primary appeal lies in its strong positional value. With an assessed value of $577,000, this property sits in the elite tier (top 4%) for River East, indicating a premium home for the area. It last sold in July 2022 for an estimated $550,000–$600,000, a price point that was in the top 3% for the neighborhood at that time. This suggests a home that offers more space and stature than most in a sought-after community, without venturing into the luxury market city-wide. It would particularly suit buyers looking for a established family home with room to grow, who prioritize neighborhood character and getting more house for their budget compared to newer or more central subdivisions. It’s a solid choice for those seeking a property that stands out in its immediate community while representing a sound, above-average investment within Winnipeg.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its recent sale price?
The home sold in mid-2022 for an estimated $550,000–$600,000. Its current assessed value of $577,000 sits within that range, suggesting the assessment aligns with its fairly recent market transaction.

2. Is the living space typical for this street and area?
The living area is about average for Zacharias Place itself, but it is notably larger than most homes in River East and Winnipeg overall, ranking in the top 8% for both.

3. What does the “Elite” neighborhood ranking for assessed value mean?
This means the home’s assessed value is higher than 96% of comparable properties in River East. It indicates this is one of the more valuable homes in the neighborhood, though it may be more average when compared to certain other Winnipeg communities.

4. How old is this home relative to others nearby?
Built in 1980, it is slightly newer than the average home on its street and in River East. City-wide, its age is around the average mark for comparable properties.

5. Where can I verify the exact historical sale price?
The precise sale price is not publicly displayed due to data source rules. You can request the exact figures via email from the site provider, who will manually look up and send the verified transaction history.

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