Central River Heights, Winnipeg
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 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
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
576 Niagara Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 270 m), 2 parks (nearest 240 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 45% | Top 32% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 576 Niagara Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Central River Heights sits on a notably large lot, which is its most distinguished feature. The land area of over 7,000 sq ft ranks in the top 5% for Niagara Street, offering substantial outdoor space that is rare for the area. The home itself, built in 1952, provides a renovated basement and a functional living space that is above average in size for both the neighbourhood and the city. A detached garage adds practical storage or workshop potential.
The primary appeal lies in the combination of a prime, established neighbourhood and the significant lot size, which presents a long-term opportunity. For the right buyer, the property offers a comfortable home today with the future potential for expansion, garden development, or simply enjoying one of the larger private yards in the community. It would suit a buyer who values space and location over a modern, turn-key build—perhaps a young family looking to grow into a property, a downsizer wanting a manageable single-level home with room for gardening, or an investor recognizing the inherent value in the land. The above-average assessed value for the street and area reflects this underlying asset strength.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is exceptionally large for Niagara Street, ranking in the top 5%. At 7,084 sq ft, it is significantly larger than the street average of about 4,870 sq ft, offering a substantial amount of private outdoor space.
2. Is the home recently updated?
The listing specifies a renovated basement. The main living area, while functional and above average in size for the city, is part of a home built in 1952, so buyers should anticipate character consistent with its era.
3. What does the "above average" assessed value indicate?
The assessed value is above average for the street, neighbourhood, and city. This often reflects the value of the desirable lot size and location in Central River Heights, not necessarily premium finishes in the dwelling itself.
4. Who might this property not suit?
It may not be ideal for someone seeking a completely modern, low-maintenance home without any future projects. The appeal is grounded in the space and potential, rather than in high-end, contemporary renovations.
5. How does the last sale price relate to the current assessed value?
The home sold for $44,100 in 2017. The current assessed value is $52,700, which is a typical increase over that period and aligns with broader market trends and the property's strong lot value.
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