23 Radium Cove

River East, Winnipeg

Property score

87.7

Excellent

Overall 87.7 · Larger and newer than most nearby homes

2,010 sqft (top 11%) · Built in 1980 (4 yrs newer than avg)

Located in a high-income area with median household income of ~143k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Above average

44% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 75%French · 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

87.7 is composed by the two sections below.

Property Score

85.7Excellent
Living Area2,010 sqft94Excellent
Year Built198067Good
Lot Size9,441 sqft95Excellent
Neighbourhood Sales Activity32Low

Community Score

90.8Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
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: #46110739

Community deep dive

$143K

Median household income

$208K

Average household income

2%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

7%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)709
Labour force participation rate59%
Median age48.4
Avg household size2.8
Unemployment rate0%
Population density1477 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households7%
Couple families with children35%
Median household income (2020)$143K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$492K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority4%
Bachelor's or higher (25–64)55%
Mother tongue (1st)English · 75%
Mother tongue (2nd)French · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,010 sqft
0255075100
Same streetTop 46%Same areaTop 11%CitywideTop 11%
Same street · Radium Cove
#12 / 26
Top 46% · Avg 1,975 sqft
Same area · River East
#308 / 2,836
Top 11% · Avg 1,399 sqft
Citywide · Winnipeg
#20,611 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

Elite
552k
0255075100
Same streetTop 46%Same areaTop 5%CitywideTop 12%
Same street · Radium Cove
#12 / 26
Top 46% · Avg 552.7k
Same area · River East
#137 / 2,836
Top 5% · Avg 401.1k
Citywide · Winnipeg
#24,223 / 194,458
Top 12% · Avg 390.1k

Year Built

above average
1980
0255075100
Same streetBottom 8%Same areaTop 26%CitywideTop 34%

Lot Size

above average
9,441 sqft
0255075100
Same streetTop 8%Same areaTop 13%CitywideTop 7%

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

23 Radium Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 179 m).

Search radius
🌳Parks2

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 10/2019CA$500k–550k
Sold price

Same street

Top 50%

Same area

Top 10%

City-wide

Top 16%

Related homes

Highlights & common questions: 23 Radium Cove, Winnipeg

Property Overview: 23 Radium Cove, River East, Winnipeg

Key Characteristics & Buyer Appeal

This home presents a compelling blend of space, land, and established value in Winnipeg’s River East neighborhood. Its primary appeal lies in its generous 2,010 sqft living area and a notably large 9,441 sqft lot, both of which rank well above average for the neighborhood and city. While the house itself, built in 1980, is slightly older than others on its street, it sits on a property that is one of the largest in the immediate area, offering significant outdoor potential.

The assessed value of $552k positions it as an elite property within River East (top 5%), suggesting a premium for its location and attributes. This isn't a starter home; it's a solid, established property that suits buyers looking for room to grow, garden, or simply enjoy more private outdoor space without moving to a rural area. It would particularly appeal to families or long-term owners who value lot size over a brand-new build, and who appreciate being in a mature neighborhood where the home's value stands out significantly against area averages.

Frequently Asked Questions

1. How does this home’s value compare to its last sale price?
It last sold in October 2019 for between $500,000 and $550,000. The current assessed value of $552k indicates stable or slightly appreciated value in line with that sale.

2. Is the house outdated because it was built in 1980?
While older than the average on its specific street, it is actually newer than the average home in the broader River East neighborhood. The age suggests potential for updates, but it’s a structurally mature home in an established area.

3. What does the "elite" neighborhood ranking for assessed value mean?
It means this home’s assessed value is in the top 5% of all comparable properties in River East. This signals it is considered a higher-value asset in the area, which can be positive for equity but may also correlate with higher property taxes.

4. How accurate is the sold price data shown?
The displayed sold price is a range based on publicly available data. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS records.

5. What are the advantages of such a large lot?
The lot is significantly larger than most on the street and in the city. This allows for greater privacy, space for additions like a garage or shed, extensive landscaping, gardening, or recreational space, which is a rare find in the city.

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