Property Overview: 11 Tranquility Cove, Winnipeg
Key Characteristics & Appeal
This 840 sqft home, built in 1972, presents a practical and affordable entry point into Winnipeg’s River East neighborhood. Its primary appeal lies in its value proposition: with an assessed value of $313k, it sits below the area average, offering a lower property tax base and an accessible price point for its street and wider community. The home recently sold within the $350k-$400k range, aligning with this value-oriented profile.
The house suits first-time buyers, downsizers, or investors seeking a manageable footprint without a premium price tag. While its living and land area are modest compared to many area homes, it represents a turnkey opportunity on a quiet street. A less obvious advantage is its "elite" ranking for year built on its own street—it is the newest home among its direct neighbors, suggesting potentially fewer immediate age-related issues compared to others on the block. This is a home for those prioritizing financial efficiency and a solid foundation in a established neighborhood over spaciousness.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 840 sqft, the living area is modest. It is slightly below the average for Tranquility Cove itself (~997 sqft) and more notably below the broader River East neighborhood average (~1,399 sqft).
2. Is the assessed value high for the area?
No. The assessed value of $313k is below the averages for both its immediate street ($332.2k) and the River East neighborhood ($401.1k). City-wide, it is around the average benchmark.
3. What is the significance of the "elite" year-built ranking?
On its own street of 28 comparable homes, this 1972-built home ranks #1. This means it is the newest house on the block, which can be a positive indicator for the condition of fundamental structural components compared to older neighbors.
4. How large is the lot?
The lot is 4,998 sqft, which is below the street and neighborhood averages but close to the city-wide average for comparable homes.
5. Where can I find the exact sold price?
The public sold data shows a range of CA$350k–$400k. Due to data source rules, exact sold prices are not displayed automatically but can be requested directly from the site via email for verification.