19 Zylema Cove

River Park South, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger and newer than most nearby homes

2,022 sqft (top 11%) · Built in 2006 (16 yrs newer than avg)

Located in a high-income area with median household income of ~147k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

43% larger than neighborhood avg.

Year Built

Above average

16 yrs newer than neighborhood avg.

Mother tongue

English · 72%French · 7%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

89.6 is composed by the two sections below.

Property Score

89.3Excellent
Living Area2,022 sqft94Excellent
Year Built200690Excellent
Lot Size5,825 sqft74Good
Neighbourhood Sales Activity76Good

Community Score

90.0Excellent
Household Income93Excellent
Education Level91Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

River Park South

How to read: Share of sales in each ~$50k price band for “river park south” (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: #46111258

Community deep dive

$147K

Median household income

$154K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

10%

Single-person households

51%

Families with children

Population, labour & age

Population (2021)744
Labour force participation rate63%
Median age41.6
Avg household size3.1
Unemployment rate9%
Population density3234 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households10%
Couple families with children51%
Median household income (2020)$147K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority22%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 72%
Mother tongue (2nd)French · 7%

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

Rankings

Living Area

above average
2,022 sqft
0255075100
Same streetTop 17%Same areaTop 11%CitywideTop 10%
Same street · Zylema Cove
#3 / 18
Top 17% · Avg 1,814 sqft
Same area · River Park South
#382 / 3,617
Top 11% · Avg 1,410 sqft
Citywide · Winnipeg
#20,115 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
521k
0255075100
Same streetBottom 11%Same areaTop 22%CitywideTop 17%
Same street · Zylema Cove
#16 / 18
Bottom 11% · Avg 559.9k
Same area · River Park South
#782 / 3,617
Top 22% · Avg 447.2k
Citywide · Winnipeg
#32,246 / 194,458
Top 17% · Avg 390.1k

Year Built

above average
2006
0255075100
Same streetTop 11%Same areaTop 19%CitywideTop 14%

Lot Size

above average
5,825 sqft
0255075100
Same streetBottom 33%Same areaTop 27%CitywideTop 36%

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

19 Zylema Cove — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 492 m), 1 parks (nearest 416 m).

Search radius
🏫Education1
🌳Parks1

Crime & Safety

River Park South · WPS public data · 2026

Annual incidents

25

2026

vs. city avg

-15%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

64%

Sales History

Sold 6/2022CA$600k–650k
Sold price

Same street

Top 50%

Same area

Top 4%

City-wide

Top 6%

Related homes

Highlights & common questions: 19 Zylema Cove, Winnipeg

Property Overview: 19 Zylema Cove, River Park South, Winnipeg

Key Characteristics & Appeal

This 2006-built home in River Park South offers a well-proportioned living space of over 2,000 square feet on a standard suburban lot. Its primary appeal lies in its strong, above-average positioning within the broader market. The home is notably spacious, ranking in the top 10-11% for living area both in its neighborhood and across Winnipeg compared to similar properties. It presents a value-conscious opportunity, as its current assessed value ($521k) sits below the street average, suggesting a potentially favorable entry point into a mature, established cul-de-sac where homes are consistently valued higher.

The property would suit practical buyers looking for a move-in ready, spacious family home in a settled community without paying a premium for the newest construction. It’s particularly suited for those who prioritize interior space over the largest possible yard, and for value-focused buyers who see potential in a home priced below its immediate peers on the same street, yet still above area and city averages.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value of $521k is for municipal tax purposes. Notably, it is below the average for Zylema Cove itself. The last known sold price (2022) was in the $600k-$650k range, which is a more relevant market benchmark, though conditions have changed since then.

2. How does the home’s size compare to others nearby?
Very favorably. With 2,022 sqft, it is significantly larger than the average home in River Park South (1,410 sqft) and Winnipeg overall (1,342 sqft). On its own street, it ranks 3rd largest out of 18 homes.

3. The lot size seems average. Is that a drawback?
Not necessarily. At 5,825 sqft, the lot is slightly above the neighborhood average. It provides a typical suburban yard for the area. The trade-off is that the home itself offers more interior space than many surrounding properties, which may be a preferred balance for many buyers.

4. What does the "Below Average" assessed value ranking on the street mean?
This indicates that this home’s assessed value is lower than most of its direct neighbors (ranked 16th out of 18). This could be due to various factors like specific updates, finishes, or lot particulars. For a buyer, it can signal an opportunity to acquire a larger-than-average home on the street at a lower tax-assessment base.

5. How can I get the exact historical sale price instead of a range?
The site provides sold price ranges publicly. To receive verified, exact sale figures, you must request them directly via email through the provided form. This is due to data licensing rules that prevent the direct display of certain transaction records.

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