71.3
Good
Property score
71.3
Good
Overall 71.3
Older than most nearby homes
1,286 sqft (top 46%)
Built in 1950 (3 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: 3 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
Near average
4% smaller than neighborhood avg.
Year Built
Below average
3 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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71.3 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
568 Elm Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 341 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 568 Elm 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 43% | Top 21% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 568 Elm Street, Central River Heights
Key Characteristics & Appeal
This is a classic two-storey home built in 1950, situated on a 4,622 sqft lot in the established Central River Heights neighbourhood. The home offers 1,286 sqft of living space and features a renovated basement and a detached garage. Its appeal lies in a balance of character and practicality within a sought-after area.
The property’s standout characteristic is its land. While the house itself is modest in size compared to some on the street, the lot is generous for the central neighbourhood, offering valuable outdoor space and potential. The renovated basement adds functional, modernized living area. The home’s assessed value positions it as a relatively accessible entry point into River Heights, a perk for buyers mindful of property taxes.
This home would suit first-time buyers or downsizers seeking a lower-maintenance footprint without leaving a prime location. It’s also a sensible fit for an investor or handy buyer who values the lot size and sees long-term potential in the location, perhaps more than in the current structure. It’s less suited for those requiring substantial above-grade square footage immediately.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The 4,622 sqft lot is below the average for Elm Street itself but ranks in the top 6% for size within the broader Central River Heights neighbourhood, making it a relatively spacious parcel for this central location.
2. The living area seems smaller. How does it compare?
At 1,286 sqft, the above-grade living space is below average for Elm Street but is very close to the average for both Central River Heights and the city of Winnipeg as a whole, indicating a typical footprint for many area homes.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finishes. This is a key detail to clarify with the seller or listing agent to understand the quality and layout of the additional space.
4. The last sale was in 2023. Why is it back on the market?
The property sold in May 2023. The reason for the quick turnaround is not provided and would require direct inquiry. Possibilities range from investor flipping to a simple change in the owner’s circumstances.
5. How is the assessed value used, and is the sale price typically higher?
The assessed value ($44.60k) is for municipal tax purposes. The last sale price in 2023 was $48.80k, which is above that assessed value. Market sale prices are determined by current buyer demand and can differ significantly from the tax assessment.
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