18 Melonlea Cove

River East, Winnipeg

Property score

64.4

Fair

Overall 64.4 · Smaller than most nearby homes

1,076 sqft (bottom 28%) · Built in 1975 (1 yr older than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 8 parks nearby

Living Area

Below average

23% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

64.4 is composed by the two sections below.

Property Score

54.5Fair
Living Area1,076 sqft52Fair
Year Built197558Fair
Lot Size5,490 sqft67Good
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
1,076 sqft
0255075100
Same streetBottom 39%Same areaBottom 28%CitywideBottom 37%
Same street · Melonlea Cove
#28 / 46
Bottom 39% · Avg 1,125 sqft
Same area · River East
#2,044 / 2,836
Bottom 28% · Avg 1,399 sqft
Citywide · Winnipeg
#123,330 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
381k
0255075100
Same streetTop 7%Same areaBottom 45%CitywideTop 44%
Same street · Melonlea Cove
#3 / 46
Top 7% · Avg 294.2k
Same area · River East
#1,562 / 2,836
Bottom 45% · Avg 401.1k
Citywide · Winnipeg
#84,777 / 194,458
Top 44% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 11%Same areaBottom 38%CitywideTop 40%

Lot Size

above average
5,490 sqft
0255075100
Same streetTop 28%Same areaBottom 15%CitywideTop 44%

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

18 Melonlea Cove — 8 amenities found within 500 m, across 1 categories, including 8 parks (nearest 155 m).

Search radius
🌳Parks8

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 8/2020CA$300k–350k
Sold price

Same street

Top 40%

Same area

Bottom 26%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 18 Melonlea Cove, Winnipeg

Property Overview

18 Melonlea Cove is a well-situated home in Winnipeg’s River East neighbourhood, built in 1975. With 1,076 square feet of living space on a 5,490 square foot lot, it presents a balanced offering for its area. The home’s assessed value of $381k is notably above the street average, positioning it as a premium property on its block. Its appeal lies in offering more land than most neighbouring lots and a value that has historically performed well within its immediate surroundings. It would suit practical buyers looking for a established neighbourhood, those who value a larger yard over above-average interior space, and investors or homeowners attentive to strong relative value on a specific street.

Key Characteristics & Appeal

This home’s standout feature is its lot size, which is significantly larger than the average for Melonlea Cove, offering greater outdoor space and potential. While the living area is modest compared to the broader neighbourhood, it is perfectly in line with the street and city averages, suggesting a comfortable, manageable layout. The assessed value tells an important story: it ranks in the top 7% on its street, indicating this property is viewed as a higher-quality asset compared to its direct neighbours. This could be due to upgrades, condition, or its desirable lot.

The appeal is nuanced. It’s not the largest home in River East, but it represents a solid, above-average offering on its own cul-de-sac or crescent. It suits a buyer who prioritizes a stable, established community from the 1970s and sees value in a generous yard. It would also fit a buyer looking for a home with a strong assessed value foundation relative to its immediate peers, which can be a positive indicator for future resale within the same locale.

Frequently Asked Questions

1. How does the home’s size compare to others nearby?
At 1,076 sqft, the living area is very close to the average for both Melonlea Cove (1,125 sqft) and the city of Winnipeg (1,342 sqft). It is, however, below the broader River East neighbourhood average, meaning homes in the area are often larger.

2. Why is the assessed value so high compared to other homes on the street?
With an assessed value of $381k against a street average of $294k, this home ranks 3rd highest out of 46 on Melonlea Cove. This premium assessment typically reflects factors like the larger lot, recent improvements, superior condition, or favourable location on the street.

3. What is the typical lot size in the area, and how does this property compare?
The lot at 5,490 sqft is substantially larger than the street average of 4,132 sqft, ranking in the top 30%. However, it is below the River East neighbourhood average, where lots are generally larger. This means you get a bigger yard than most of your direct neighbours.

4. When was it last sold, and for roughly how much?
Records show the property was sold in August 2020. The sold price is listed in the range of CA$300k–350k, which placed it in the top 40% for its street at that time.

5. How can I get the exact historical sale price?
The provided sold price is an estimated range. To obtain the exact sale figures and full transaction history, you must request a manual lookup from the site via email, as this data is not sourced from the MLS.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.