71.4
Good
Property score
71.4
Good
Overall 71.4
Older than most nearby homes
1,220 sqft (bottom 45%)
Built in 1948 (5 yrs 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, 3 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
Near average
9% smaller than neighborhood avg.
Year Built
Below average
5 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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71.4 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
575 Ash Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 358 m), 3 parks (nearest 392 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 575 Ash 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 40% | Top 24% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home on Ash Street in Central River Heights offers a classic Winnipeg character combined with practical updates. Built in 1948, it sits on a generous 5,302 sqft lot, providing ample outdoor space that is larger than many city-wide averages. The 1,220 sqft living area is cozy but efficiently laid out for a smaller household or couple. A key feature is the renovated basement, adding valuable finished space, and the property includes a detached garage. It last sold in May 2023 for $470k, a price point that was above average city-wide but competitive for the desirable Central River Heights neighbourhood.
The appeal here is rooted in location and lot size. You're purchasing a prime piece of land in a well-established, central community, with the home itself serving as a solid, updated foundation. It suits first-time buyers or downsizers who prioritize neighbourhood over sheer square footage, and who may see value in a home where the major renovation work (the basement) is already complete. A thoughtful perspective is that while the living space is modest, the large lot offers future potential for expansion or landscaping, something harder to find in newer subdivisions.
Frequently Asked Questions
1. How does the lot size compare to others?
The lot is 5,302 sqft, which is above the city-wide average and provides a sizable backyard for the area, ranking in the top 42% on Ash Street itself.
2. Is the home considered small for the neighbourhood?
The living area is 1,220 sqft, which is below average for Ash Street but actually very close to the average size for both Central River Heights and Winnipeg overall, making it a typical footprint for the city.
3. What does "renovated basement" typically mean here?
While specific finishes aren't detailed, it indicates the basement is finished as livable space, which significantly adds to the usable area of this home beyond the main two storeys.
4. The assessed value seems low compared to the sale price. Why?
The $43.4k assessed value is for municipal tax purposes and is not a market valuation. The 2023 sale price of $470k is the true market indicator and reflects the home's value in this sought-after location.
5. What is the significance of the detached garage?
In a neighbourhood of older homes, a detached garage is common and provides secure parking and storage. It also offers flexibility, potentially allowing for a workshop or studio space separate from the house.
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