75.3
Good
Property score
75.3
Good
Overall 75.3
Larger and newer than most nearby homes
1,442 sqft (top 29%)
Built in 1953
Located in a high-income area
with median household income of ~134k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
7% larger than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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75.3 is composed by the two sections below.
Property Score
Community Score
Central River Heights
How to read: Share of sales in each ~$50k price band for “central river heights” (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: #46111046
$134K
Median household income
$170K
Average household income
3%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
19%
Single-person households
36%
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
527 Niagara Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 161 m), 3 parks (nearest 321 m).
Central River Heights · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -99%
vs. prior year
Primary type
Other
100%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 44% | Top 41% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This well-situated one-storey home on Niagara Street in Central River Heights presents a solid opportunity in a desirable neighbourhood. Its key appeal lies in a combination of a generous, above-average lot size for the immediate street and a recently renovated basement, adding valuable finished space. Built in 1953, the home is newer than many in the area, potentially suggesting fewer concerns with aging core components. The detached garage offers flexibility, and the property’s assessed value consistently ranks above average across street, neighbourhood, and city-wide comparisons, indicating strong underlying value.
The home would suit a buyer looking for a move-in-ready foundation with space to grow, whether that's in the finished basement or on the sizable lot. It’s ideal for those who prioritize location and land over a large main-floor footprint, offering the character and convenience of River Heights with the potential for future expansion or gardening. A thoughtful perspective is that while the living area is average for the street, its above-average ranking within the wider neighbourhood suggests you get more interior space than many nearby homes, making it a smart relative value within the area.
Frequently Asked Questions
1. How does the lot size compare to others?
At over 5,300 sq. ft., the land area is in the top 21% for Niagara Street itself, meaning it’s notably larger than most direct neighbours. It provides ample outdoor space for a central neighbourhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific finishes and legal status should be verified. It’s essential to clarify what work was done, whether it includes a bathroom or kitchenette, and if permits were obtained.
3. The assessed value is $500K, but it last sold for much less. Why?
The property last sold in 2019 for $421,000. The current higher assessed value likely reflects strong market appreciation in the area, improvements made to the home (like the basement renovation), and the city’s valuation for tax purposes. The sale price will be determined by the current market.
4. Is the home older or newer for the area?
Built in 1953, it is newer than the average home on Niagara Street (where the average year built is 1941). This can be an advantage, potentially meaning updated wiring, plumbing, or insulation compared to much older homes in Central River Heights.
5. Who would this home not suit?
Buyers seeking a brand-new build or a very large main-floor living area might find it less ideal. The one-storey layout with average interior square footage prioritizes lot size and location, so those needing extensive above-ground bedroom space or a completely modern layout should consider their needs carefully.
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