Property score
77.5
Good
Overall 77.5 · Newer than most nearby homes
1,339 sqft (top 42%) · Built in 1982 (6 yrs newer than avg)
Located in a high-income area with median household income of ~118k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
6 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 1%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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77.5 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: #46110772
$118K
Median household income
$116K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
17%
Single-person households
32%
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
243 Leatherwood Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 144 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 4% | Top 2% | Top 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 243 Leatherwood Cove, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and established community appeal. Its key strength lies in the generous 7,786 sqft lot, which ranks in the elite top 4% on its street, offering significant outdoor space and potential—a notable find for the area. The 1,339 sqft living area is comfortably above the street average, providing ample room without being excessive.
The appeal is grounded in its strong positional value. With an assessed value significantly above local averages, it sits in a desirable pocket of River East. Built in 1982, it is newer than many homes city-wide, suggesting potentially fewer immediate major updates compared to older stock. This property suits buyers looking for a well-sized family home on a premium lot in a mature neighborhood, who appreciate a home that stands out on its street for both land size and perceived value. It’s a practical choice for those seeking space and stability over a brand-new build.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold in August 2023 for an estimated $600k-$650k, which was well above its $477k assessed value at the time. This indicates strong market demand and buyer confidence in the property's worth exceeding its official valuation.
2. Is the lot size typical for the area?
No, it is a standout feature. The lot is nearly 2,500 sqft larger than the street average, placing it in the top 4% of Leatherwood Cove. This offers more privacy, yard space, and potential than most neighboring properties.
3. What does the "above average" assessed value ranking mean?
It means this home is officially valued higher than most comparable homes on its street, in the neighborhood, and city-wide. This often reflects desirable attributes like its large lot, and can indicate a stronger long-term value position within the community.
4. How does the living space compare to nearby homes?
At 1,339 sqft, it offers more living area than the average home on its street (1,226 sqft), but is slightly below the broader River East neighborhood average. It represents a efficient, mid-sized family layout.
5. Where can I get the exact historical sold price data?
The site provides estimated sold price ranges. Due to industry rules, exact MLS sale figures are not displayed online. You can request the precise transaction history via email from the site provider, who will manually look it up and send it to you.
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