Property score
87.8
Excellent
Overall 87.8 · Larger and newer than most nearby homes
1,861 sqft (top 16%) · Built in 2006 (16 yrs newer than avg)
Located in a high-income area with median household income of ~147k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
32% 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)
1,302
451k
$355/sqft
1990
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87.8 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111258
$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
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
3 Zylema Cove — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 374 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Top 25% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3 Zylema Cove, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South presents a solid, above-average offering within its broader market. Built in 2006, it is newer than most homes in both Winnipeg and the immediate neighborhood. With 1,861 sqft of living space, it provides more room than approximately 85% of citywide properties, positioning it as a spacious family home. The assessed value of $570,000 reflects its standing, ranking within the top 10-11% citywide and in River Park South, suggesting a premium for its combination of size, age, and location.
The appeal lies in its balance and established context. It’s not the largest or most expensive on its street, but it consistently performs above area and city averages, indicating a reliable investment in a desirable neighborhood. The lot size is generous for the area, offering good outdoor space while maintaining a manageable scale. It would suit buyers looking for a move-in-ready, spacious family home in a mature suburban setting, who value a property that metrics show is competitively positioned against its peers. It’s particularly suited for those who prioritize a home that has held its value relative to the wider market, offering a blend of space and modern construction without being at the extreme upper end of the price spectrum.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others on the street?
While its living area and assessed value are around the street average, it is the second-newest home among the 18 comparable properties on Zylema Cove. This suggests potentially lower immediate maintenance costs and more modern building standards than many neighbors.
2. What does the assessed value tell me about the property taxes?
The $570,000 assessment is the city’s valuation for tax purposes. While not a direct market price, its ranking in the top 11% for the neighborhood indicates your property tax bill will be in a higher bracket relative to many homes in River Park South.
3. The home sold in 2017. Is there a way to know the exact price?
The site provides an estimated sold price range. To obtain the exact historical sale figure, you must request a manual lookup via email, as this data is not sourced from the MLS system.
4. Is the lot size a pro or a con?
At just under 6,000 sqft, the lot is above average for River Park South, offering more private outdoor space than many in the area. However, it is slightly smaller than the average lot on Zylema Cove itself, so it’s a relative strength in the wider context but typical for its immediate street.
5. How does this property fit into the wider Winnipeg market?
The data shows a consistent trend: this home ranks in the top 15-16% citywide for living area and top 10% for assessed value. This indicates it offers a size and perceived value that places it firmly above the median Winnipeg home, appealing to buyers seeking an upgrade from a starter home into established, spacious suburban living.
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