65.1
Good
Property score
65.1
Good
Overall 65.1
Smaller and older than most nearby homes
1,044 sqft (bottom 21%)
Built in 1950 (3 yrs older than avg)
Located in a high-income area
with median household income of ~134k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 park, 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
22% smaller 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
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65.1 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: #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
549 Niagara Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 174 m), 1 parks (nearest 257 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 35% | Top 26% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 549 Niagara Street, Winnipeg
Key Characteristics & Appeal
This is a well-situated, one-storey home in Central River Heights built in 1950. Its primary appeal lies in its balance of a desirable neighbourhood location with a manageable scale. The home sits on a 4,309 sqft lot, which is spacious for the area and offers clear potential for gardening, expansion, or outdoor living. A key feature is the renovated basement, adding valuable finished space to the 1,044 sqft main floor living area. The property includes a detached garage.
It particularly suits first-time buyers or downsizers seeking a lower-maintenance, single-level layout in an established community without a massive footprint. The appeal is practical: it's a home that sits comfortably within its neighbourhood context, with a lot size that is a relative asset on the street. The 2022 sale price of $460k was above the city-wide average at the time, indicating strong demand for this location and property type. A thoughtful perspective is that while the living area is modest, the renovated basement and above-average lot size provide a foundation for both immediate livability and future value growth through updates or additions.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The land area of 4,309 sqft is below the average for Central River Heights overall but is actually closer to the average for Niagara Street itself. This means the yard is a competitive asset on its specific block.
2. Is the assessed value the same as the market value?
No. The municipal assessed value for taxation purposes is $41.70k, which is not an indicator of market value. The home last sold for $460k in October 2022. Market value is determined by current sale prices of similar homes.
3. What does "renovated basement" typically mean in a home of this era?
While specifics should be verified, in a 1950s one-storey home, this often means the basement has been finished into a usable living space, such as a family room or additional bedrooms, and likely includes updated moisture protection and insulation.
4. Who might this home not be suitable for?
It may not suit buyers looking for a large, modern open-concept layout without renovation work, or those requiring substantial main-floor square footage or attached garage convenience.
5. How does the age of the home factor in?
Built in 1950, it is newer than many homes on its street but older than the city-wide average. This era of construction offers solid craftsmanship but means buyers should budget for updates to major aging components like the roof, windows, or plumbing, even with a renovated basement.
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