Property Overview: 19 Radium Cove, River East, Winnipeg
Key Characteristics & Buyer Appeal
This well-established home in River East presents a compelling blend of space, location, and value. Built in 1984, it offers a generous 2,253 sqft of living area, which places it comfortably above average for its street and within the top 6% for both the neighborhood and the entire city. The lot size is a notable feature at over 7,100 sqft, providing ample outdoor space that ranks in the top 12% on its own street.
The home’s appeal lies in its established setting and its strong positional value. With an assessed value of $580,000, it sits in the elite top 3% for the River East neighborhood, suggesting a premium property within a desirable area. The data indicates you are paying for a home that significantly outpaces local averages in size and value, yet remains in line with the street’s character. It would particularly suit buyers looking for a spacious family home in a mature community, who prioritize a larger lot over a brand-new build, and who appreciate a property that holds a strong relative value within its broader community context.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $450,000 and $500,000 in mid-2016. Its current assessed value of $580,000 is above the street’s average, indicating significant appreciation. For precise, verified sale figures of this and nearby properties, you can request a manual lookup via email.
2. Is the home newer or older than others in the area?
Built in 1984, the home is slightly older than the average on Radium Cove (1989) but is newer than the averages for both the wider River East neighborhood and the city of Winnipeg as a whole.
3. What does the “Elite” neighborhood ranking for assessed value mean?
This means the home’s $580,000 assessment is higher than 97% of comparable homes in River East. It signals that this is a premium property within the neighborhood, which can be a point of stability and desirability, though property taxes will be calibrated accordingly.
4. How reliable is the sold price data provided?
The sold price ranges are based on publicly available data, not the MLS, and have had limited verification. The site offers a service to provide fully verified, exact historical sale figures via email request at no cost.
5. The living area is above average, but how does the lot size compare?
The 7,145 sqft lot is a standout feature. It’s larger than the average lot on its street, in the neighborhood, and across Winnipeg, offering more private outdoor space than most comparable properties.