560 Ash Street

Central River Heights, Winnipeg

73.7

Good

Overall 73.7

Older than most nearby homes

1,337 sqft (top 42%)

Built in 1948 (5 yrs older than avg)

Located in a high-income area

with median household income of ~137k

Transit 80.0

2-min walk to transit with 3 nearby routes

Within 500m: 1 school, 3 parks, and 1 sports facility nearby

Living Area

Near average

1% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 2%

Past 10 years Central River Heights sales snapshot (~80% of all data)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

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Property score

73.7 is composed by the two sections below.

Property Score

60.0Fair
Living Area1,337 sqft71Good
Year Built194830Low
Lot Size5,318 sqft67Good
Neighbourhood Sales Activity28Low

Community Score

94.3Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111045

Community deep dive

$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

Population, labour & age

Population (2021)568
Labour force participation rate74%
Median age40.8
Avg household size2.7
Unemployment rate8%
Population density3550 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households19%
Couple families with children43%
Median household income (2020)$137K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,337 sqft
0255075100
Same streetBottom 33%Same areaTop 42%CitywideTop 39%
Same street · Ash Street
#237 / 356
Bottom 33% · Avg 1,605 sqft
Same area · Central River Heights
#522 / 1,244
Top 42% · Avg 1,346 sqft
Citywide · Winnipeg
#76,362 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
416k
0255075100
Same streetBottom 31%Same areaBottom 47%CitywideTop 35%
Same street · Ash Street
#245 / 356
Bottom 31% · Avg 505.2k
Same area · Central River Heights
#660 / 1,244
Bottom 47% · Avg 443.3k
Citywide · Winnipeg
#67,384 / 194,458
Top 35% · Avg 390.1k

Year Built

around average
1948
0255075100
Same streetTop 44%Same areaBottom 5%CitywideBottom 26%

Lot Size

around average
5,318 sqft
0255075100
Same streetTop 37%Same areaBottom 46%CitywideTop 47%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

560 Ash Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 413 m), 3 parks (nearest 333 m).

Search radius
🏫Education1
🌳Parks3
💪Sports1

Crime & Safety

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%

Sales History

Sold 10/2023CA$350k–400k
Sold price

Same street

Bottom 33%

Same area

Bottom 41%

City-wide

Top 38%

Related homes

Highlights & common questions: 560 Ash Street, Winnipeg

Property Overview: 560 Ash Street, Central River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-and-a-half storey home in Central River Heights offers a practical blend of established neighbourhood charm and updated utility. Built in 1948, it sits on a standard-sized lot for the area (over 5,300 sq ft) and features a renovated basement and a detached garage. With 1,337 sq ft of living space, it provides a comfortable footprint that is quite typical for Winnipeg overall, though slightly more compact than the average home on its own street.

The primary appeal lies in its location within a sought-after, mature neighbourhood and the value presented by the modernized basement. The home’s metrics are consistently "around average" when compared locally and citywide, suggesting it is a solid, no-surprises offering in a stable market context. It would suit first-time buyers or downsizers seeking a move-in-ready home in a central, walkable community without the premium price tag of a larger or newer property. A thoughtful perspective for buyers is to see the slightly smaller living area not as a drawback, but as an opportunity for lower utility costs and easier maintenance, allowing more time and budget to enjoy the neighbourhood's amenities.

Section 2: Frequently Asked Questions

1. How does the sale price compare to the assessed value?
The home sold for $380,000 in October 2023, which is significantly higher than its assessed value of $41,600. This is normal, as municipal assessed value for property tax purposes is not a market appraisal and often lags far behind actual sale prices.

2. Is the living space sufficient for a growing family?
At 1,337 sq ft, the living area is manageable but below the average for similar homes on Ash Street. It would best suit a small family, a couple, or someone looking to downsize. The renovated basement provides crucial additional flexible space.

3. What does the "around average" ranking mean for key features?
The data shows the home’s land size, living area, and assessed value consistently rank in the 30-70% range compared to peers. This indicates the property is very typical, not standing out as exceptionally large or small, which can be positive for maintaining stable value and reasonable property taxes.

4. Are homes from 1948 expensive to maintain?
While the building is older, a key updated feature is the renovated basement, which addresses a common concern in older homes. Prospective buyers should still budget for routine maintenance expected of a house of this age, such as inspecting the roof, windows, and major systems.

5. How does this property fit within the Central River Heights neighbourhood?
The home’s year built (1948) is notably newer than many in Central River Heights, where comparable homes average from 1944. This means you may find slightly more modern construction than some neighbours, though the overall character and lot size are consistent with this established area.

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