75.4
Good
Property score
75.4
Good
Overall 75.4
Larger but older than most nearby homes
1,524 sqft (top 25%)
Built in 1950 (3 yrs older than avg)
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
13% larger than neighborhood avg.
Year Built
Below average
3 yrs older 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
75.4 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
535 Niagara Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 162 m), 3 parks (nearest 298 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 21% | Top 19% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 535 Niagara Street in Winnipeg's Central River Heights neighbourhood presents a balanced and practical offering. Built in 1950, it sits on a 4,524 sqft lot that is typical for its street but generous for the central neighbourhood. The 1,524 sqft living area is notably above average for both the area and the city, providing ample interior space. A key feature is the renovated basement, adding valuable finished square footage, and the property includes a detached garage. Its appeal lies in this combination of a well-sized home on a good lot in a desirable, established location, all at a value-oriented price point reflected in its assessment and last sale price. This property would suit first-time buyers or downsizers seeking character and space in a mature neighbourhood without a premium price tag, as well as value-conscious buyers who see potential in a home with foundational updates already started.
Frequently Asked Questions
1. How does the lot size compare to others in Central River Heights?
At 4,524 sqft, the lot is larger than most in this central neighbourhood, ranking in the top 4% locally. This offers more outdoor space than is typical for the area.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the finish quality, ceiling height, legal egress, and whether it includes a bathroom or kitchenette.
3. Is the detached garage a standard feature here?
Many older homes in central neighbourhoods have detached garages or none at all. This garage provides off-street parking and storage, but buyers should check its condition and size for modern vehicles.
4. The home is older—what should I consider?
Built in 1950, the home's major systems (roof, wiring, plumbing, insulation) may need evaluation or updating, even with a renovated basement. Its above-average living area for the city suggests a practical layout for modern living.
5. How does the assessed value relate to market price?
The assessed value is for municipal tax purposes. The home last sold in 2021 for $49,500, close to its current assessment. This indicates a historically stable value, but current market conditions will determine the listing and sale price.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
