82.8
Excellent
Property score
82.8
Excellent
Overall 82.8
Larger than most nearby homes
1,884 sqft (top 10%)
Built in 1951 (2 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 88.0
2-min walk to transit with 3 nearby routes
Within 500m: 2 parks, 1 sports facility, 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
40% larger than neighborhood avg.
Year Built
Below average
2 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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82.8 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
562 Oak Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 332 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 562 Oak 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 30% | Top 13% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 562 Oak Street, Central River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Central River Heights is defined by its generous lot and strong neighbourhood standing. Built in 1951, the house features a renovated basement and a detached garage. The primary appeal lies in its substantial 7,234 sqft lot, which ranks in the top 15% on its street and the elite top 5% within the desirable Central River Heights area, offering significant outdoor space and potential in a prime location.
The living space (1,884 sqft) is comfortably above average for both the neighbourhood and the city, providing ample room. The home’s assessed value is notably high for the area (top 4%), reflecting its perceived worth relative to nearby properties. This property would best suit buyers who prioritize lot size and location over a newer build, such as growing families seeking space in a established community, or value-oriented buyers looking for a home with strong fundamentals and the opportunity to update the interior over time. Its appeal is less about modern luxury and more about securing a premium parcel of land in a sought-after area.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The lot is a key feature. At over 7,200 sqft, it is significantly larger than the average lot in Central River Heights (approx. 5,581 sqft) and on Oak Street itself (approx. 5,862 sqft), placing it in the top 5% of the neighbourhood.
2. Is the house newer or older compared to the area?
The 1951 build date is around the average for both Oak Street and Central River Heights, fitting the character of this established area. It is, however, slightly older than the city-wide average.
3. What does the "Elite" assessed value ranking mean?
It means the home’s official assessed value is in the top 4% of all homes in Central River Heights. This typically indicates the property is valued higher than most in the neighbourhood, often due to factors like its large lot, location, and improvements like the renovated basement.
4. How does the interior living space compare?
At 1,884 sqft, the living area is above average for both the city and, more notably, for Central River Heights, where it ranks in the top 10%. This suggests more interior space than many neighbouring homes.
5. Was the last sale price consistent with the area?
When it last sold in 2016 for $520,000, that price was above average for the wider Winnipeg area and the Central River Heights neighbourhood at that time, but around the average for sales on Oak Street itself.
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