23 Solace Key

River East, Winnipeg

Property score

72.7

Good

Overall 72.7 · Newer than most nearby homes

1,248 sqft (bottom 47%) · Built in 1980 (4 yrs newer than avg)

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

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 4 parks, and 1 place of worship nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Above average

4 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

72.7 is composed by the two sections below.

Property Score

68.3Good
Living Area1,248 sqft66Good
Year Built198067Good
Lot Size7,573 sqft91Excellent
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

above average
1,248 sqft
0255075100
Same streetTop 30%Same areaBottom 47%CitywideTop 46%
Same street · Solace Key
#3 / 10
Top 30% · Avg 1,278 sqft
Same area · River East
#1,512 / 2,836
Bottom 47% · Avg 1,399 sqft
Citywide · Winnipeg
#89,012 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

above average
442k
0255075100
Same streetTop 30%Same areaTop 26%CitywideTop 30%
Same street · Solace Key
#3 / 10
Top 30% · Avg 397.9k
Same area · River East
#738 / 2,836
Top 26% · Avg 401.1k
Citywide · Winnipeg
#57,858 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1980
0255075100
Same streetTop 20%Same areaTop 26%CitywideTop 34%

Lot Size

above average
7,573 sqft
0255075100
Same streetTop 40%Same areaTop 24%CitywideTop 13%

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 Solace Key — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 90 m).

Search radius
🌳Parks4
Worship1

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 11/2023CA$450k–500k
Sold price

Same street

Bottom 1%

Same area

Top 16%

City-wide

Top 20%

Related homes

Highlights & common questions: 23 Solace Key, Winnipeg

Property Overview: 23 Solace Key, River East, Winnipeg

Key Characteristics & Appeal

This well-situated home at 23 Solace Key presents a solid, above-average offering within its immediate community. Built in 1980, it is newer than most comparable homes on its street and in the River East neighborhood. With 1,248 sqft of living space, it is competitively sized for the area, and its true standout feature is the generous 7,573 sqft lot, which is notably larger than both city and neighborhood averages. This provides valuable outdoor space and potential.

The home’s assessed value of $442,000 consistently ranks above average at the street, neighborhood, and city-wide levels, indicating a history of maintained or superior value relative to its peers. Recent sale data suggests strong market performance.

The appeal here lies in securing a property that benchmarks well in its established setting. It suits practical buyers looking for a home with a premium lot size in a mature neighborhood, who value space over a brand-new build. It’s also a sensible choice for those interested in a property with a demonstrated value proposition that stands out on its own street—a sign of stability and good relative investment within a specific community.


Frequently Asked Questions

How does this home’s size compare to others nearby?
At 1,248 sqft, the living area is very close to the street average and slightly below the neighborhood average. Its size is typical for the area, making it a comfortable fit without being unusually large or small.

Is the assessed value a good indicator of the likely selling price?
The assessed value is for municipal tax purposes and is not a direct market appraisal. However, this home’s assessed value consistently ranks in the top 30% against comparable properties at multiple levels, which historically indicates a strong value position. The last recorded sale price fell within the $450,000-$500,000 range.

What does the lot size mean for me?
The lot of 7,573 sqft is a significant asset. It is larger than approximately 87% of comparable lots city-wide, offering more private outdoor space, gardening potential, and room for additions or amenities like a shed or deck than many other properties.

The home was built in 1980. What should I consider?
While newer than many homes on the street, a 1980 build means core systems (roof, windows, furnace, plumbing) may be at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and any upcoming maintenance or updates required.

How can I get the exact historical sale prices for this property?
The public data on this site shows sold price ranges. To obtain verified, exact sale figures and a full transaction history, you can request a manual lookup by email through the provided site function. This is due to industry rules that restrict the online display of certain precise sales records.

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