72.0
Good
Property score
72.0
Good
Overall 72.0
Newer than most nearby homes
1,272 sqft (top 48%)
Built in 1961 (8 yrs newer than avg)
Located in a high-income area
with median household income of ~134k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, 2 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
Near average
6% smaller than neighborhood avg.
Year Built
Above average
8 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
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
72.0 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
537 Queenston Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 91 m), 2 parks (nearest 218 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 45% | Top 25% | Top 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | 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
This one-storey home on Queenston Street in Central River Heights is a property defined by its context. Built in 1961, it is notably newer than most homes in this established neighbourhood, offering potential advantages in building materials and systems. The living space of 1,272 sq ft is practical and in line with city-wide averages. A key feature is the renovated basement, which adds functional space. The lot size of 4,255 sq ft is smaller than most in the immediate area but is balanced by the presence of a detached garage. The home’s appeal lies in its move-in-ready condition with a modernized lower level, set on a manageable lot within a highly sought-after, mature community. It would suit first-time buyers or downsizers seeking the convenience and prestige of River Heights without the upkeep of a much larger property or an older structure.
Frequently Asked Questions
How does the lot size compare?
The land area is below average for both Queenston Street and Central River Heights, but is close to the average size across Winnipeg. This means outdoor maintenance is relatively manageable while still providing private yard space.
Is a 1961 build date considered old for this area?
Quite the opposite. With most neighbourhood homes dating to the late 1940s and early 1950s, this 1961 build is in the top 2% for being newer in Central River Heights. This can be a significant plus for foundational integrity and major systems.
What does the sale history indicate?
The property sold for $46,500 in 2022 and previously for $360,000 in 2016. This stark difference strongly suggests the 2022 sale was not a standard market transaction (such as a transfer between family members). The 2016 price is more indicative of its market value.
How does the assessed value relate to market value?
The assessed value for taxation purposes is $46,100, which is not a reflection of current market value. It is an administrative figure used for calculating property taxes and should not be used as a guide for listing or offer prices.
Who might this property not suit?
Buyers prioritizing expansive living space or a very large yard typical of the neighbourhood may find it compact. It’s best for those who value location and a renovated basement over sheer square footage.
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.
