82.1
Excellent
Property score
82.1
Excellent
Overall 82.1
Larger but older than most nearby homes
2,219 sqft (top 3%)
Built in 1949 (4 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 80.0
3-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
Above average
65% larger than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 2%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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82.1 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: #46111045
$137K
Median household income
$176K
Average household income
2%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.7
P90 / P10 ratio
19%
Single-person households
43%
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
549 Montrose Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 288 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%
Local garbage, recycling, and yard waste pickup schedule for 549 Montrose Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 27% | Top 8% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 549 Montrose Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Central River Heights offers a compelling blend of generous living space and a prime location. Its key characteristic is its above-average, 2,219 sqft living area, which ranks in the top 3% for the neighbourhood, providing ample room for families or those who value spacious interiors. The property sits on a 4,829 sqft lot, which is modest for the immediate street but typical for the area, prioritizing home size over vast yard space. A renovated basement and a detached garage add functional value. Built in 1949, it carries the classic charm and solid construction of its era.
The appeal lies in its established, desirable location combined with a home that offers significantly more interior space than most comparable properties in Central River Heights and city-wide. It suits buyers looking for a character home in a mature neighbourhood without compromising on square footage. It would particularly fit growing families needing multiple bedrooms and living areas, or professionals who want dedicated home office space. A thoughtful perspective is that the property represents a "value-through-space" proposition in a sought-after area, where the investment is in the renovated, usable interior rather than an expansive lot.
Section 2: Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The land area is 4,829 sqft, which is below the average for Montrose Street itself but is generally in line with the Central River Heights area average. This is a common trade-off in established neighbourhoods, where the focus and value are often on the home's living space.
2. What does the "Elite" ranking for Assessed Value mean?
The home's assessed value ranks in the top 3% for Central River Heights and top 5% city-wide. This indicates that, according to municipal assessment, it is considered a higher-value property compared to most peers, likely due to its large living area, renovations, and location.
3. The home was built in 1949. What should I consider?
While the structure is solid, a home of this age will have older core components. Prospective buyers should pay special attention to the condition of major systems like plumbing, electrical, and the roof during an inspection. The renovated basement is a positive update.
4. How does the last sale price relate to the assessed value?
The home sold for $570,000 in 2019, which was significantly above its assessed value at the time (a common scenario). Assessed value is for municipal tax purposes and often lags behind market value. The sale price is a stronger indicator of its recent market worth.
5. Who might this property not suit?
It may not be ideal for buyers seeking a very large, private yard or a brand-new, maintenance-free build. Those looking for ultra-modern open-concept layouts may find the traditional two-storey floor plan requires consideration. It best suits those who appreciate character and space in a mature neighbourhood.
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