Property score
56.2
Fair
Overall 56.2 · Smaller and older than most nearby homes
840 sqft (bottom 6%) · Built in 1972 (4 yrs older than avg)
Located in a high-income area with median household income of ~96k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 healthcare facility, 1 shop, and 4 parks nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 3%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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56.2 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110743
$96K
Median household income
$96K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
19%
Single-person households
25%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
19 Tranquility Cove — 10 amenities found within 500 m, across 6 categories, including 2 dining (nearest 480 m), 1 healthcare (nearest 489 m), 1 shopping (nearest 490 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 40% | Top 35% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 36% | Bottom 24% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 19 Tranquility Cove, River East, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 840 sqft bungalow, built in 1972, presents a practical and competitively positioned home in a quiet River East cul-de-sac. Its key characteristic is balance: it sits on a modest, manageable lot (4,998 sqft) but holds an assessed value ($345k) that is above average for its own street. This suggests it is well-maintained or updated relative to its immediate neighbors. The home’s living area is smaller than most in the broader neighborhood and city, indicating a more compact, efficient layout.
The appeal lies in its location on a low-traffic street and its solid standing within the immediate community. It represents an opportunity for value in a stable area, without the premium price of a larger lot or square footage. The recent sale history shows steady appreciation.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a lower-maintenance home in a established neighborhood. It’s for those who prioritize location and lot over interior space, and who see potential in a home that already outperforms its direct peers in value.
Frequently Asked Questions
1. Is the smaller living area a concern?
While below neighborhood averages, the size is quite typical for the specific street. It indicates a efficient, likely easier-to-maintain home, which can be an advantage for the right buyer.
2. How does the assessed value compare to recent sale prices?
The assessed value of $345k aligns with the sold price range of $350k-$400k from August 2024. This consistency suggests the assessment is current and the market has affirmed the value.
3. What does the "elite" ranking for year built mean?
On Tranquility Cove, being the #1 ranked home for year built simply means it is the newest or one of the newest homes on the street (tied with an average of 1972). It doesn’t imply a recent build, but does indicate relative modernity among its direct neighbors.
4. How does the lot size impact future potential?
The lot is smaller than average for the area. This may limit expansion possibilities like large additions, but also translates to less yard work and lower exterior maintenance costs.
5. Where can I get verified historical sale data for this property?
The site provides estimated sold price ranges. For exact figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.
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