68.4
Good
Property score
68.4
Good
Overall 68.4
Compared with neighbourhood average
1,203 sqft (bottom 43%)
Built in 1951 (2 yrs older than avg)
Located in a high-income area
with median household income of ~95k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 school, 2 parks, 1 bank/ATM, 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
Near average
11% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 80%Tagalog · 2%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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68.4 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: #46110425
$95K
Median household income
$112K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
32%
Single-person households
21%
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
565 Oxford Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 481 m), 2 parks (nearest 290 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 31% | Top 19% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on a mature, tree-lined street in Central River Heights presents a practical and comfortable living opportunity. Built in 1951, its key appeal lies in its established neighbourhood setting combined with a recently renovated basement, adding valuable modernized living space. The home sits on a 4,798 sqft lot, which is notably spacious for the immediate street and offers room for gardening or outdoor enjoyment. With a detached garage and a functional 1,203 sqft main living area, it suits first-time homebuyers, small families, or downsizers seeking a manageable property in a sought-after area without the premium for a larger, newer build. A thoughtful perspective is that while the house itself is average in size for the city, the lot size is a relative standout on its street, offering a balance of home and yard that can be harder to find in central neighbourhoods. The 2023 sale price of $490k positioned it above average city-wide, reflecting the enduring demand for River Heights locations.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 4,798 sqft lot is larger than many on Oxford Street itself, where comparable properties average about 5,699 sqft. It provides a more generous outdoor space than is typical for the immediate area.
2. What does "renovated basement" typically mean for a home of this era?
While specifics should be verified, in a 1951 home this usually indicates updated finishes, proper insulation, and legal egress to create a comfortable, functional living or recreational space, adding to the home's usable square footage.
3. Is the assessed value a reliable indicator of the expected sale price?
Not directly. The assessed value for municipal tax purposes is $40.40k, but the home sold for $490k in 2023. Assessment values and market sale prices operate on completely different scales and methodologies.
4. Who would this home suit best?
It's well-suited for buyers prioritizing location and lot size over a large or modern house. It’s a practical choice for those wanting a single-level layout (with additional basement space) in a central, established neighbourhood like River Heights.
5. How does the age of the home factor in?
Built in 1951, it is newer than the average home on its street but older than the Winnipeg city average. This suggests a mix of classic construction with likely some updated systems, though a thorough inspection is always recommended to understand the condition of the roof, wiring, and plumbing.
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