62.6
Fair
Property score
62.6
Fair
Overall 62.6
Smaller but newer than most nearby homes
921 sqft (bottom 6%)
Built in 1956 (3 yrs newer than avg)
Located in a high-income area
with median household income of ~111k
Transit 74.0
2-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 1 school, 1 shop, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 84%Chinese · 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
62.6 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: #46111050
$111K
Median household income
$120K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
24%
Single-person households
27%
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
556 Lindsay Street — 11 amenities found within 500 m, across 6 categories, including 4 dining (nearest 200 m), 1 education (nearest 353 m), 1 shopping (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%
Local garbage, recycling, and yard waste pickup schedule for 556 Lindsay Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 7% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
556 Lindsay Street is a one-storey home in Winnipeg's Central River Heights neighbourhood, built in 1956 on a 4,800 sqft lot. It features a detached garage and an unrenovated basement. With 921 sqft of living space, it is a compact home that last sold in July 2019 for $290,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its location and lot. Situated on a quiet street in a sought-after neighbourhood, the home occupies a decent-sized lot that is actually larger than many others on Lindsay Street itself. While the living space is modest and the basement is in original condition, the 1956 build date is notably newer than many homes in Central River Heights, suggesting potentially fewer immediate concerns than with older builds.
This home would suit a specific type of buyer. It’s a practical entry point into a desirable area for a first-time buyer or an investor comfortable with a property that requires updates. The lower-than-average assessed value for the street and neighbourhood indicates a potentially lower tax burden, which is a subtle financial advantage. It is not a move-in-ready showhome, but a canvas. Its appeal is for those who value location over immediate finish, and who see potential in personalizing a space over time, possibly utilizing the detached garage for storage or a workshop.
Frequently Asked Questions
1. What does the ranking data for "Assessed Value" actually mean?
The data shows the home's assessed value is below average for both its street and neighbourhood, but around average citywide. This typically indicates a lower property tax bill compared to nearby homes, though the final sale price is determined by the market, not the assessment.
2. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate a raw or partially developed space that would require investment to finish for living purposes.
3. How does the 2019 sale price relate to today's value?
The $290,000 sale price from 2019 is a historical data point. Current market conditions, changes to the property, and overall market trends since that time will determine its present value.
4. The living area is noted as below average. How does the layout feel?
At 921 sqft, the living area is compact. The single-storey design may offer good flow on one level, but buyers should be prepared for cozy bedroom and living spaces, emphasizing efficient use of space.
5. What are the implications of the "above average" year built?
Being built in 1956 makes it newer than most homes in Central River Heights. This can be an advantage, potentially meaning updated building materials, electrical, or plumbing systems compared to pre-war homes, though a thorough inspection is still essential.
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.
