35 Cactus Cove

River Park South, Winnipeg

Property score

84.6

Excellent

Overall 84.6 · Newer than most nearby homes

1,542 sqft (top 39%) · Built in 1990

Located in a high-income area with median household income of ~137k

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

Living Area

Near average

9% larger than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 70%French · 8%

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

84.6 is composed by the two sections below.

Property Score

80.5Excellent
Living Area1,542 sqft79Good
Year Built199078Good
Lot Size7,609 sqft91Excellent
Neighbourhood Sales Activity76Good

Community Score

90.7Excellent
Household Income92Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110506

Community deep dive

$137K

Median household income

$140K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

12%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)354
Labour force participation rate76%
Median age46.4
Avg household size2.9
Unemployment rate8%
Population density2082 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households12%
Couple families with children50%
Median household income (2020)$137K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority7%
Bachelor's or higher (25–64)44%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

above average
1,542 sqft
0255075100
Same streetBottom 11%Same areaTop 39%CitywideTop 28%
Same street · Cactus Cove
#8 / 9
Bottom 11% · Avg 1,743 sqft
Same area · River Park South
#1,411 / 3,617
Top 39% · Avg 1,410 sqft
Citywide · Winnipeg
#54,747 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetBottom 11%Same areaTop 34%CitywideTop 24%
Same street · Cactus Cove
#8 / 9
Bottom 11% · Avg 490.4k
Same area · River Park South
#1,213 / 3,617
Top 34% · Avg 447.2k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetTop 11%Same areaTop 28%CitywideTop 22%

Lot Size

above average
7,609 sqft
0255075100
Same streetBottom 44%Same areaTop 10%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

35 Cactus Cove — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 334 m), 2 parks (nearest 219 m).

Search radius
🏫Education2
🌳Parks2

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 7/2022CA$450k–500k
Sold price

Same street

Bottom 25%

Same area

Top 25%

City-wide

Top 22%
Sold 8/2019CA$350k–400k
Sold price

Same street

Bottom 1%

Same area

Top 49%

City-wide

Top 37%

Related homes

Highlights & common questions: 35 Cactus Cove, Winnipeg

Property Overview

35 Cactus Cove presents a solid, well-situated family home in Winnipeg's River Park South neighborhood. Built in 1990, it offers a practical layout with 1,542 square feet of living space on a generous 7,609 square foot lot. With an assessed value of $475,000, it sits in an interesting position: while it is one of the smaller and lower-assessed homes on its specific street, it offers above-average space and lot size when compared to the wider city and even its own neighborhood. This creates a value proposition for the right buyer.

Key Characteristics & Appeal

The primary appeal of this home is its balance of space, location, and value. It provides more living area and a significantly larger yard than the typical Winnipeg home, which is a notable advantage for families or those who enjoy outdoor space. The 1990 build date is also newer than most city-wide comparables, potentially meaning fewer major upkeep concerns in the near term.

Its appeal is nuanced. On Cactus Cove itself, it's a more modest option among larger, higher-value homes, which could be attractive to a buyer seeking entry into a well-established street without the premium price tag of the largest properties. In the broader context of River Park South and Winnipeg, however, it stands as an above-average offering. This positions it well for a buyer who prioritizes a spacious lot and a newer build within a mature, family-friendly community over having the biggest house on the block.

This property would best suit practical, value-conscious buyers—perhaps growing families or downsizers who still want a sizable yard. It’s ideal for someone who wants the stability and amenities of the River Park South area but is comfortable with a home that offers functional space rather than top-tier size or finishes for the street.


Frequently Asked Questions

1. Is this home a good value for the area?
The data suggests it is a strong value relative to the wider city and even its own neighborhood. You are getting more house and land for the assessed value compared to Winnipeg averages. On its own street, it's assessed below the average, which may indicate an opportunity.

2. Why is the assessed value lower than other homes on the street?
The home has a smaller living area than most of its immediate neighbors, which is a key factor in assessment. This doesn't reflect the condition or updates inside, but it does mean it's priced accessibly for the desirable Cactus Cove location.

3. How does the lot size compare?
The lot is a standout feature. At over 7,600 sq ft, it is significantly larger than the typical lot in both River Park South and Winnipeg overall. This is a major advantage for privacy, recreation, or gardening.

4. What can the sale history tell me?
The home sold in 2022 and 2019. The increase in sale price band between those dates aligns with broader market trends. For exact sale prices and a professional analysis of this history, you would need to request the verified figures via email as detailed on the site.

5. Are the nearby "similar" properties truly comparable?
The listed nearby properties with similar assessed values are from various neighborhoods, like Elmhurst. This highlights that at this price point, you are comparing different areas. The key takeaway is that 35 Cactus Cove offers its specific combination of lot size, age, and location that differs from those other options.

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