14 Mellowmead Cove

River East, Winnipeg

Property score

70.1

Good

Overall 70.1 · Compared with neighbourhood average

1,267 sqft (bottom 49%) · Built in 1975 (1 yr older than avg)

Located in a high-income area with median household income of ~100k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 5 parks nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Below average

1 yrs older than neighborhood avg.

Mother tongue

English · 75%Punjabi · 3%

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

70.1 is composed by the two sections below.

Property Score

63.9Fair
Living Area1,267 sqft66Good
Year Built197558Fair
Lot Size5,524 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

79.3Good
Household Income85Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110741

Community deep dive

$100K

Median household income

$113K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

15%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)577
Labour force participation rate58%
Median age45.6
Avg household size2.6
Unemployment rate8%
Population density2747 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households15%
Couple families with children27%
Median household income (2020)$100K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority18%
Bachelor's or higher (25–64)27%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

around average
1,267 sqft
0255075100
Same streetBottom 41%Same areaBottom 49%CitywideTop 44%
Same street · Mellowmead Cove
#19 / 32
Bottom 41% · Avg 1,355 sqft
Same area · River East
#1,438 / 2,836
Bottom 49% · Avg 1,399 sqft
Citywide · Winnipeg
#85,680 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
357k
0255075100
Same streetBottom 22%Same areaBottom 32%CitywideBottom 49%
Same street · Mellowmead Cove
#25 / 32
Bottom 22% · Avg 384.8k
Same area · River East
#1,934 / 2,836
Bottom 32% · Avg 401.1k
Citywide · Winnipeg
#99,832 / 194,458
Bottom 49% · Avg 390.1k

Year Built

around average
1975
0255075100
Same streetTop 34%Same areaBottom 38%CitywideTop 40%

Lot Size

around average
5,524 sqft
0255075100
Same streetBottom 19%Same areaBottom 25%CitywideTop 42%

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

14 Mellowmead Cove — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 218 m).

Search radius
🌳Parks5

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 11/2017CA$300k–350k
Sold price

Same street

Bottom 25%

Same area

Bottom 25%

City-wide

Bottom 41%

Related homes

Highlights & common questions: 14 Mellowmead Cove, Winnipeg

Property Overview: 14 Mellowmead Cove, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 14 Mellowmead Cove is a quintessential River East property, representing a solid, middle-of-the-road option in the Winnipeg market. Built in 1975, it offers 1,267 sqft of living space on a 5,524 sqft lot, with a current assessed value of $357k. The data reveals a home that is consistently "around average" in most metrics—its size, age, and value align closely with typical figures for the street, neighborhood, and city. Its lot size is notably below average for the immediate area, which may suggest a more manageable yard for some.

The appeal lies in its predictability and stability. It’s not an outlier in price or size, which can offer reassurance about its market positioning. This is a home for practical buyers—perhaps first-time homeowners, downsizers, or investors—who value a established neighborhood like River East without requiring a standout feature. It suits someone looking for a straightforward, no-surprises property where the value is derived from the neighborhood itself rather than an exceptionally large lot or modern build. A thoughtful perspective is that its very "averageness" could be a strategic advantage, potentially offering less competition and more negotiability than a flashier, top-tier listing.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to what it last sold for?
The home sold in late 2017 for between $300,000 and $350,000 (exact price available upon request). The current assessed value of $357,000 suggests a relatively stable value appreciation in line with broader market trends.

2. Is the lot size a disadvantage?
While the lot is below the average for Mellowmead Cove and River East, it is near the citywide average. This means less maintenance than a larger property, which could be a benefit for those not wanting extensive yard work, but may limit expansion or landscaping possibilities.

3. What does "around average" in the rankings really mean?
For key metrics like living area and year built, this home consistently falls near the median (50th percentile) when compared to similar homes on its street, in River East, and across Winnipeg. It indicates a very typical property for the area, neither the largest/newest nor the smallest/oldest.

4. How can I find out the exact past sale price?
The public data shows a sold price range. You can request the exact figure by emailing the site; they will provide a manual lookup free of charge, as MLS sold data is not displayed directly on the platform.

5. What are comparable homes nearby?
Nearby properties with similar assessed values (around $357k) are listed, but they are in various neighborhoods like Varsity View and Elmhurst. On Mellowmead Cove itself, direct comparisons show a range, with one home similar in size and age assessed at $384k, and another much larger home assessed at $529k, highlighting the variety on the same street.

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