Central River Heights, Winnipeg
Property score
71.5
Good
Overall 71.5 · Compared with neighbourhood average
1,298 sqft (top 46%) · Built in 1951 (2 yrs older than avg)
Located in a high-income area with median household income of ~134k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 place of worship nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Below average
2 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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71.5 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
574 Queenston Street — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 455 m), 1 education (nearest 239 m), 1 parks (nearest 137 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 | Bottom 24% | Bottom 38% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 574 Queenston Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic 1951 two-storey home in the established Central River Heights neighbourhood. Its key features include a renovated basement and a detached garage, situated on a standard-sized lot for the area. The living space is modest but functional, aligning with the practical layout common in homes of this era.
The primary appeal lies in its location within a sought-after, mature neighbourhood, often prized for its tree-lined streets and community feel. The recent basement renovation adds modern utility without stripping the home of its original character. The sale price point is notably accessible, especially for Central River Heights, suggesting a value-oriented entry into the neighbourhood.
This property would suit a first-time homebuyer or a practical downsizer looking for a foothold in a desirable area without a premium price tag. It’s a home for someone who values location and lot potential over sheer square footage, and who is comfortable with the maintenance and updates typical of a 75-year-old structure. A thoughtful perspective is that its below-average assessed value for the street could indicate room for value growth through thoughtful updates, making it a sensible candidate for a buyer with a medium-term improvement plan.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
At 4,632 sqft, the lot is very close to the average for Central River Heights. It provides a typical urban yard space—manageable for maintenance but offering good outdoor potential for gardens or recreation.
2. Is the living space smaller than similar homes?
The living area (1,298 sqft) is slightly below the average for the immediate street but is quite typical for the wider neighbourhood and city. It represents an efficient, no-frills floor plan common in mid-century homes.
3. Why is the recent sale price significantly lower than the city-wide average assessed value?
The assessed value comparisons can be nuanced. The sale price aligns more closely with the home’s assessed value ranking on its own street and in Central River Heights, reflecting its specific attributes and the local market. The much higher city-wide average is skewed by newer, larger homes in different areas.
4. What does the "renovated basement" likely entail?
While specific finishes aren’t listed, a renovated basement in a home of this age typically means it has been modernized for use as livable space—likely with updated flooring, walls, and lighting. It’s wise to confirm the quality, permits, and whether it’s developed as a legal suite.
5. Who might the nearby reference property at 589 Niagara Street be relevant for?
That property is listed as a nearby reference point for comparison. It’s a slightly newer (1953) and larger (1,940 sqft) home with a higher assessed value, useful for buyers to gauge the spectrum of home sizes and values within a short distance.
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