18 Serenity Cove

River East, Winnipeg

Property score

66.1

Good

Overall 66.1 · Smaller than most nearby homes

1,076 sqft (bottom 28%) · Built in 1976

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: 8 parks nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

66.1 is composed by the two sections below.

Property Score

57.3Fair
Living Area1,076 sqft52Fair
Year Built197667Good
Lot Size5,905 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
1,076 sqft
0255075100
Same streetTop 46%Same areaBottom 28%CitywideBottom 37%
Same street · Serenity Cove
#13 / 28
Top 46% · Avg 1,169 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

around average
354k
0255075100
Same streetBottom 39%Same areaBottom 29%CitywideBottom 48%
Same street · Serenity Cove
#17 / 28
Bottom 39% · Avg 356.3k
Same area · River East
#2,003 / 2,836
Bottom 29% · Avg 401.1k
Citywide · Winnipeg
#101,844 / 194,458
Bottom 48% · Avg 390.1k

Year Built

Elite
1976
0255075100
Same streetTop 4%Same areaTop 48%CitywideTop 39%

Lot Size

around average
5,905 sqft
0255075100
Same streetTop 43%Same areaBottom 40%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

18 Serenity Cove — 8 amenities found within 500 m, across 1 categories, including 8 parks (nearest 32 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 8/2024CA$450k–500k
Sold price

Same street

Top 33%

Same area

Top 21%

City-wide

Top 23%

Related homes

Highlights & common questions: 18 Serenity Cove, Winnipeg

Property Overview: 18 Serenity Cove, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 18 Serenity Cove is a well-situated property that represents a solid, average offering within its established River East neighbourhood. Built in 1976, its key appeal lies in its consistency and position within a mature community. The 1,076 sqft living space and 5,905 sqft lot are both very typical for the street itself, meaning the home fits seamlessly into its immediate surroundings without standing out as either unusually large or small. Its assessed value of $354k is also aligned with the street average, suggesting a stable, predictable market position.

The home’s most notable characteristic is its age relative to its direct neighbours: it is ranked as "Elite" on its own street for year built, indicating it is among the newest homes on Serenity Cove. For a buyer, this could imply slightly newer infrastructure or building standards compared to immediate comparables. The property would suit pragmatic, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a stable neighbourhood over a flashy or oversized home. Its appeal is not in being exceptional, but in being a reliable and typical entry into a settled area, potentially offering less risk of overpaying relative to the local norm. A thoughtful perspective is that this "average" status can be a strength, providing a clear benchmark for valuation and a realistic understanding of what your investment represents in the community.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others?
The living area is slightly below the neighbourhood average but is very much in line with the typical home on Serenity Cove itself. You’re buying a standard-sized home for this specific street.

2. Is the assessed value a good indicator of the selling price?
The assessed value ($354k) is a municipal tax valuation. Recent sold prices on the street suggest homes can sell above this, with one nearby reference selling in the $450k-$500k range. The assessed value shows it is not an outlier, but market conditions will determine the final price.

3. What does the "Elite" ranking for year built mean?
This means 18 Serenity Cove is one of the newest houses on its own street, all of which were built around the same period (average year 1976). It suggests potentially newer components compared to its direct neighbours, but the neighbourhood and city-wide averages are similar.

4. Are sold prices for this property available?
The site shows a sold price range (CA$450k–500k) from August 2024, based on public data. For fully verified and exact transaction history, you must request the information directly via email, as per the data notes provided.

5. Who would this property not suit?
Buyers seeking a home that is larger than average for the neighbourhood, or those wanting a brand-new or extensively renovated property, might find this home too standard. Its strengths are in its consistency and established location, not in standout size or modern luxury.

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