75.2
Good
Property score
75.2
Good
Overall 75.2
Older than most nearby homes
1,404 sqft (top 33%)
Built in 1950 (3 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 80.0
5-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
4% 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)
426
580k
$326/sqft
1953
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75.2 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
574 Montrose Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 416 m), 2 parks (nearest 190 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 574 Montrose Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 31% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 574 Montrose Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Central River Heights is a property defined by its balance and potential. Built in 1950, it is notably newer than many homes on its street, suggesting potentially fewer concerns with very aged infrastructure. The 1,404 sqft living space is comfortably sized and aligns with typical city-wide averages, offering a practical footprint for daily life.
Its primary appeal lies in its generous 5,278 sqft lot, which is above average for the neighbourhood. This presents a significant opportunity for outdoor living, gardening, or future expansion. The home features a renovated basement and a detached garage, adding functional value. With a recently sold price and an assessed value significantly below the city-wide average benchmark, it represents a more accessible entry point into a desirable, established area.
This property would suit first-time buyers or practical downsizers seeking a character home in a central location without a premium price tag. It’s also a sensible match for value-oriented buyers who prioritize land size over a large interior and who see the appeal in a home that is newer than its immediate peers, possibly indicating a history of sensible updates.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 5,278 sqft is above average for Central River Heights, offering more outdoor space than many homes in the neighbourhood. However, it is slightly below the average lot size found specifically on Montrose Street itself.
2. Is the home older or newer than others in the area?
Built in 1950, this home is actually newer than the average house on Montrose Street. In the broader Central River Heights neighbourhood and city-wide, however, it is considered an older property.
3. What does the assessed value indicate?
The assessed value is below the average for Montrose Street but aligns more closely with averages for the wider neighbourhood and city. This can sometimes indicate a valuation that reflects the home’s specific characteristics rather than an inflated area premium, which may be appealing for property tax considerations.
4. How does the living space compare?
At 1,404 sqft, the living area is very close to the city-wide average for homes. It is smaller than the average on Montrose Street but slightly larger than the typical home in Central River Heights, positioning it as a comfortably average-sized home for the city.
5. The home sold recently. What does that data show?
The previous sale price was below the average for Montrose Street and the Central River Heights neighbourhood, consistent with its below-average assessed value for the street. This reinforces its position as a value-conscious option within this location.
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