15 Greenlea Cove

River East, Winnipeg

Property score

67.8

Good

Overall 67.8 · Older than most nearby homes

1,120 sqft (bottom 33%) · Built in 1974 (2 yrs older than avg)

Located in a high-income area with median household income of ~101k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 3 parks, and 1 place of worship nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 82%Tagalog · 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

67.8 is composed by the two sections below.

Property Score

60.3Fair
Living Area1,120 sqft60Fair
Year Built197458Fair
Lot Size5,888 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

79.0Good
Household Income85Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health68Good

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: #46110740

Community deep dive

$101K

Median household income

$107K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

16%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)706
Labour force participation rate62%
Median age46.4
Avg household size2.5
Unemployment rate6%
Population density2434 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households16%
Couple families with children30%
Median household income (2020)$101K

Housing

Renter households3%
Condominium dwellings0%
Median dwelling value (owners)$340K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority20%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 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
1,120 sqft
0255075100
Same streetTop 11%Same areaBottom 33%CitywideBottom 42%
Same street · Greenlea Cove
#3 / 27
Top 11% · Avg 1,085 sqft
Same area · River East
#1,902 / 2,836
Bottom 33% · Avg 1,399 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
380k
0255075100
Same streetTop 19%Same areaBottom 44%CitywideTop 44%
Same street · Greenlea Cove
#5 / 27
Top 19% · Avg 357.4k
Same area · River East
#1,575 / 2,836
Bottom 44% · Avg 401.1k
Citywide · Winnipeg
#85,357 / 194,458
Top 44% · Avg 390.1k

Year Built

around average
1974
0255075100
Same streetTop 44%Same areaBottom 30%CitywideTop 42%

Lot Size

above average
5,888 sqft
0255075100
Same streetTop 19%Same areaBottom 39%CitywideTop 35%

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

15 Greenlea Cove — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 153 m).

Search radius
🌳Parks3
Worship1

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 4/2017CA$300k–350k
Sold price

Same street

Bottom 33%

Same area

Bottom 31%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 15 Greenlea Cove, Winnipeg

Property Overview: 15 Greenlea Cove, Winnipeg

Key Characteristics & Appeal

This 1,120 sqft home, built in 1974 on a 5,888 sqft lot in River East, presents a solid, mid-century property with strong local standing. Its primary appeal lies in its above-average positioning within its immediate street and stable, established neighborhood context. Key metrics show the home ranks highly on Greenlea Cove itself—its living area is in the top 11% for the street, and both its assessed value ($380k) and lot size are in the top 19%. This suggests a property that is a relative standout on its own block.

The home would suit practical buyers looking for a well-sized lot and comfortable living space in a mature Winnipeg neighborhood. It’s particularly fitting for those who value a sense of relative space and investment compared to direct neighbors, rather than seeking a city-wide standout. A thoughtful perspective is that its consistent "around average" rankings at the broader neighborhood and city levels indicate a property insulated from extreme volatility, appealing to buyers seeking stability. The 1974 build date places it in a cohort of homes likely requiring thoughtful updates, which could be a value-add opportunity for a handy buyer.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
While its size and value are around the Winnipeg average, it performs notably better on its own street. This means you’re getting a home that is comparatively larger and on a larger lot than most of its direct neighbors, which can be a subtle advantage for pride of ownership and future resale within the micro-market.

2. What can the last sold price tell me?
The home sold between $300k-$350k in April 2017. Given the current assessed value of $380k, this indicates appreciation. For exact figures, a manual lookup via the site’s email request is needed, as MLS data is not displayed here.

3. Is the assessed value a reliable indicator of market price?
The assessed value ($380k) is for municipal tax purposes and is a useful benchmark. It sits above the street average but slightly below the neighborhood average, suggesting it’s reasonably aligned with local norms. Market price is influenced by many other factors, including condition and updates since 1974.

4. What might be less obvious considerations for a home of this age?
Built in 1974, the home is part of a wave of construction from that era. Buyers should pay special attention to the condition of original major systems (roof, plumbing, electrical), insulation standards, and potential for asbestos or lead paint, which are common considerations for homes of this vintage.

5. Who are the most logical neighboring buyers for this property?
The most immediate competition or interest could come from residents on the same street or adjacent paths (like Cranlea Path), who may be looking to upsize within the familiar neighborhood without leaving the area, given the home’s strong street-level rankings.

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