65.5
Good
Property score
65.5
Good
Overall 65.5
Older than most nearby homes
1,144 sqft (bottom 35%)
Built in 1950 (3 yrs older than avg)
Located in a high-income area
with median household income of ~95k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 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
Below average
15% smaller than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 80%Tagalog · 2%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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65.5 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: #46110425
$95K
Median household income
$112K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
32%
Single-person households
21%
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
532 Oxford Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 194 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 | Top 26% | Top 12% | Top 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 30% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This two-storey home on Oxford Street in Central River Heights is a practical property with a renovated basement and a detached garage. Its key appeal lies in its efficient use of space on a manageable lot, offering a solid entry point into a desirable, established neighbourhood. The home’s living area is comfortably average for the city, making it suitable for a first-time buyer, a small family, or an investor. A thoughtful perspective is that while the lot size is below average for the immediate street, this can translate to less exterior maintenance without sacrificing location. The significant price adjustment between its 2016 sale and its 2024 sale is the most notable feature, suggesting a unique circumstance that buyers will want to understand. This property suits a pragmatic buyer who values location over sheer size and is comfortable with a home that has a straightforward, mid-century footprint.
Frequently Asked Questions
1. Why is there such a large difference between the 2016 and 2024 sale prices?
This is the most critical question to investigate. A price drop from $360,000 to $52,500 typically indicates a non-market sale, such as a transfer between family members, or a sale that included only a partial interest in the property (e.g., a land share). It does not reflect a market-wide devaluation of the home.
2. What is the condition and layout of the renovated basement?
The listing notes a renovated basement, but specifics on the scope, quality, permits, and current use (e.g., additional bedroom, living space, or suite potential) are essential to determine its true value and functionality.
3. How does the below-average lot size impact the property?
While the land area is smaller than many on Oxford Street, it offers lower maintenance. The key considerations are the privacy between neighbouring houses, backyard usability for your needs, and whether the detached garage placement limits outdoor space.
4. What are the implications of the home's age and assessed value?
Built in 1950, buyers should budget for updates to aging core components like plumbing, electrical, or the roof. The assessed value is significantly lower than previous sale prices, so property taxes may be relatively favourable, but this is not a reliable indicator of current market value.
5. Who would this property not suit?
It may not be ideal for buyers seeking a large, modern open-concept layout, as the living area is modest. Those wanting extensive outdoor space or a large garden may find the lot limiting. It is best suited for those who see potential in the location and the renovated basement, rather than the existing above-grade square footage.
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