571 Elm Street

Central River Heights, Winnipeg

79.1

Good

Overall 79.1

Larger but older than most nearby homes

1,712 sqft (top 15%)

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: 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

27% larger 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)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

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Property score

79.1 is composed by the two sections below.

Property Score

69.0Good
Living Area1,712 sqft86Excellent
Year Built195030Low
Lot Size5,304 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

above average
1,712 sqft
0255075100
Same streetTop 45%Same areaTop 15%CitywideTop 20%
Same street · Elm Street
#117 / 258
Top 45% · Avg 1,723 sqft
Same area · Central River Heights
#190 / 1,244
Top 15% · Avg 1,346 sqft
Citywide · Winnipeg
#39,763 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
597k
0255075100
Same streetTop 21%Same areaTop 6%CitywideTop 8%
Same street · Elm Street
#53 / 258
Top 21% · Avg 520.8k
Same area · Central River Heights
#75 / 1,244
Top 6% · Avg 443.3k
Citywide · Winnipeg
#15,829 / 194,458
Top 8% · Avg 390.1k

Year Built

around average
1950
0255075100
Same streetTop 35%Same areaBottom 22%CitywideBottom 28%

Lot Size

around average
5,304 sqft
0255075100
Same streetTop 36%Same areaBottom 45%CitywideTop 48%

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

571 Elm Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 338 m).

Search radius
🌳Parks2
💪Sports1
Worship1

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 571 Elm Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 7/2022CA$550k–600k
Sold price

Same street

Top 31%

Same area

Top 8%

City-wide

Top 10%
Sold 7/2017CA$400k–450k
Sold price

Same street

Bottom 29%

Same area

Top 39%

City-wide

Top 28%

Related homes

Highlights & common questions: 571 Elm Street, Winnipeg

Property Overview

This two-storey home on Elm Street in Central River Heights presents a balanced offering in a sought-after Winnipeg neighbourhood. Its key appeal lies in its above-average living space and a recently renovated basement, set on a standard-sized lot. Built in 1950, the home is older than many in the immediate area but offers more interior square footage than most comparable homes in the wider neighbourhood and city. The detached garage and lack of a pool are typical for the area.

The home’s assessed value ranks well above average for Central River Heights, suggesting it is considered a solid asset within the community. A significant price appreciation is evident between its 2017 and 2022 sales. This property would suit buyers looking for a character home with updated fundamentals in a mature, established neighbourhood. It’s particularly well-matched for those who value more interior space over a newer build date or an exceptionally large yard, and for owner-occupants who appreciate the stability and convenience of the River Heights location.


Frequently Asked Questions

How does the lot size compare to others?
At just over 5,300 sqft, the land area is very close to the average for both Elm Street and the Central River Heights neighbourhood. It provides a standard urban yard for the area.

Is the home newer or older than its neighbours?
Built in 1950, the home is newer than the average house on Elm Street but is actually older than the average for the broader Central River Heights area. This is a classic post-war character home.

What does the "above average" assessed value indicate?
The assessed value places in the top 6% for the neighbourhood, meaning it is officially valued higher than 94% of comparable homes in Central River Heights. This often reflects the home’s condition, improvements (like the renovated basement), and desirable location.

How much has the property value changed?
The home sold for $42,500 in 2017 and then for $560,000 in 2022. This significant increase reflects broader market trends and likely the value of renovations completed during that period.

How does the living space compare?
With 1,712 sqft of living area, this home is notably larger than the average for both Central River Heights and Winnipeg overall. This is one of its standout features, offering more room than many similar properties.

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