78.7
Good
Property score
78.7
Good
Overall 78.7
Larger than most nearby homes
1,503 sqft (top 26%)
Built in 1952 (1 yr older than avg)
Located in a high-income area
with median household income of ~134k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 school, 2 parks, 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
12% larger than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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78.7 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: #46111046
$134K
Median household income
$170K
Average household income
3%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
19%
Single-person households
36%
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
572 Niagara Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 259 m), 2 parks (nearest 248 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 17% | Top 13% | Top 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 46% | Top 35% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This well-situated one-storey home at 572 Niagara Street in Central River Heights presents a compelling opportunity. Built in 1952, it sits on a generous 7,078 sqft lot, which is notably larger than most in the immediate area and ranks within the top 5% for lot size on its street. The 1,503 sqft living space is comfortably above the city-wide average, and the home features a renovated basement and a detached garage. It last sold in November 2024 for $520,000, a price point that reflects its above-average standing within the neighbourhood and city.
The primary appeal of this property is its exceptional lot size in a mature, established neighbourhood. The land offers significant space for gardening, recreation, or future expansion, a rarity in central locations. The renovated basement adds valuable finished living space, increasing the home’s functionality. Its recent sale at a strong neighbourhood price indicates a home that is move-in ready and competitively positioned.
This home would suit buyers looking for a grounded, long-term property in a prime area. It’s ideal for those who value private outdoor space over a brand-new build, and for families or individuals seeking the character and convenience of River Heights with room to breathe. A thoughtful perspective is that the 1952 build date, while not new, suggests a home from a period of solid construction, and its above-average assessment for the street hints at well-maintained or updated core systems.
1. How does the lot size compare practically?
The lot is over 2,200 sqft larger than the average for Central River Heights. This translates to a much more substantial backyard, greater frontage, and more distance from neighbours than is typical for the area.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it’s a legal suite, a recreation room, or additional bedrooms.
3. Is the sale price consistent with the area?
The $520,000 sale price ranks above average for both the neighbourhood and the city, indicating the market recognized the value of the large lot, renovated basement, and the home’s overall condition.
4. What is the significance of the detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or additional storage without impacting the main house's layout. It may also present a future opportunity (subject to zoning) to develop the lot while retaining parking.
5. The home is older; are there major updates?
While the basement is noted as renovated, the listing does not detail updates to the roof, windows, electrical, or plumbing. Given the year built, investigating the age and condition of these major components would be a prudent next step.
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