26 Melonlea Cove

River East, Winnipeg

Property score

75.8

Good

Overall 75.8 · Larger than most nearby homes

1,590 sqft (top 27%) · Built in 1976

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: 8 parks nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Near average

0 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

75.8 is composed by the two sections below.

Property Score

73.5Good
Living Area1,590 sqft79Good
Year Built197667Good
Lot Size5,713 sqft74Good
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

Elite
1,590 sqft
0255075100
Same streetTop 4%Same areaTop 27%CitywideTop 26%
Same street · Melonlea Cove
#2 / 46
Top 4% · Avg 1,125 sqft
Same area · River East
#758 / 2,836
Top 27% · Avg 1,399 sqft
Citywide · Winnipeg
#50,348 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
380k
0255075100
Same streetTop 9%Same areaBottom 44%CitywideTop 44%
Same street · Melonlea Cove
#4 / 46
Top 9% · Avg 294.2k
Same area · River East
#1,575 / 2,836
Bottom 44% · Avg 401.1k
Citywide · Winnipeg
#85,357 / 194,458
Top 44% · Avg 390.1k

Year Built

Elite
1976
0255075100
Same streetTop 2%Same areaTop 48%CitywideTop 39%

Lot Size

above average
5,713 sqft
0255075100
Same streetTop 17%Same areaBottom 33%CitywideTop 39%

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

26 Melonlea Cove — 8 amenities found within 500 m, across 1 categories, including 8 parks (nearest 151 m).

Search radius
🌳Parks8

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 8/2022CA$400k–450k
Sold price

Same street

Top 10%

Same area

Top 36%

City-wide

Top 33%

Related homes

Highlights & common questions: 26 Melonlea Cove, Winnipeg

Property Overview

This home at 26 Melonlea Cove presents a compelling opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in offering above-average space and value within its immediate, established street setting. Built in 1976, the 1,590 sqft house sits on a 5,713 sqft lot. The data indicates it stands out on its own street, ranking in the top tier for living area and year built, and above average for lot size and assessed value. This suggests a well-sized, relatively newer home on a desirable street where many properties are smaller and older. It last sold in August 2022 for an estimated $400k–$450k.

This property would suit buyers looking for a spacious, settled home in a mature neighborhood without a premium city-wide price tag. It’s ideal for those who value a strong position within a specific community over having the largest lot or most expensive house in the broader area. It may also appeal to value-conscious buyers who see potential in a home that already outperforms its direct peers but sits closer to average in the wider market.


Frequently Asked Questions

1. How does this home truly compare to others in the area?
While its size and modern build year are elite on Melonlea Cove itself, they are more average when compared to all of River East or Winnipeg. This means you're getting one of the larger, newer homes on a street where that's notable, but not an outlier in the broader suburb.

2. The assessed value is $380k, but it sold for more recently. Why?
The assessed value is for municipal tax purposes and often lags behind the current market. The 2022 sale price (estimated $400k–$450k) is a more current indicator of its market value, suggesting it commands a premium above its assessment.

3. What does the lot size tell us?
At 5,713 sqft, the lot is significantly larger than the street average (~4,132 sqft), offering more outdoor space than many neighbors. However, it's slightly below the neighborhood and city averages for comparable homes, so it's a generous yard for the street, but not an exceptionally large lot overall.

4. Are there any insights from the "Nearby" and "Similar Value" listings?
The nearby listings show a cluster of similar homes from the 1970s, confirming a consistent, established streetscape. The "Similar Value" listings, however, are in different neighborhoods altogether, highlighting that your budget here buys a certain size of home, but location choice varies widely across Winnipeg.

5. How reliable is the sold price data provided?
The site states the sold price is not from the MLS and is based on public data with limited verification. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup from the site via email, as MLS rules prevent them from displaying that data directly.

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