Property score
58.9
Fair
Overall 58.9 · Smaller than most nearby homes
928 sqft (bottom 11%) · 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: 9 parks nearby
Living Area
Below average
34% 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)
826
425k
$395/sqft
1976
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58.9 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: #46110741
$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
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
21 Melonlea Cove — 9 amenities found within 500 m, across 1 categories, including 9 parks (nearest 102 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 50% | Bottom 25% | Bottom 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 21 Melonlea Cove, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1975-built home in River East presents a practical, entry-level opportunity in the Winnipeg market. At 928 square feet, its living space is notably compact, ranking below average for its street, neighborhood, and city. This characteristic defines its core appeal: it is a more affordable point of entry into a stable area. The assessed value of $277k is comfortably below area and city averages, suggesting a relatively lower property tax burden and an accessible price point.
The home’s appeal lies in its value proposition and location. It sits on a lot that is typical for its immediate street but smaller than the River East norm, which can mean less maintenance. Being one of the newer builds on its block (ranked in the top 11% for year built on Melonlea Cove) is a positive, potentially indicating fewer immediate age-related concerns than some neighbors. The recent sale price, estimated between $300k-$350k, aligns with a competitive position for the area.
This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance holding. It’s for those prioritizing financial accessibility and location over square footage. A thoughtful perspective is that its smaller size and lot, while not luxurious, offer a chance to minimize ongoing costs and upkeep—a practical trade-off for budget-conscious homeowners.
Frequently Asked Questions
1. Is this home significantly smaller than others in the area?
Yes. With 928 sqft of living area, it is below the average for River East (1,399 sqft) and Winnipeg overall (1,342 sqft). This is a key factor in its pricing and positions it as a more compact, efficient living space.
2. How does the assessed value affect property taxes?
The assessed value of $277k is below the neighborhood average ($401.1k), which typically results in a lower municipal property tax bill compared to larger homes in River East.
3. What does the "year built" ranking mean for me?
Ranking in the top 11% for year built on its street means this 1975 home is newer than most on Melonlea Cove. This can be advantageous, potentially meaning updates or systems are relatively more recent, but a specific inspection is still essential.
4. How reliable is the sold price information shown?
The site states sold prices are based on public internet data, not the MLS, and are shown in ranges unless you request exact figures. For fully verified transaction history, they recommend contacting them directly for a manual lookup.
5. The lot seems smaller than neighborhood averages. Is that a drawback?
The 3,510 sqft lot is typical for its street but below the River East average. This could be a drawback if you desire extensive outdoor space, but it also means less yard work and lower maintenance, which some buyers may prefer.
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