73.7
Good
Property score
73.7
Good
Overall 73.7
Older than most nearby homes
1,393 sqft (top 35%)
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
3% 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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73.7 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: #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
577 Montrose Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 401 m), 2 parks (nearest 169 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 577 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 18% | Bottom 24% | Top 48% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 10% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 577 Montrose Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Central River Heights presents a practical opportunity with distinct characteristics. Built in 1950, it is notably newer than many homes on its street, offering potentially fewer concerns associated with very old infrastructure. The property features a renovated basement and a detached garage on a standard city lot.
Its primary appeal lies in its value proposition and location. With a living area of approximately 1,400 sqft, it offers manageable space for smaller households. The assessed value positions it as a more accessible entry point into the desirable Central River Heights neighborhood, known for its mature charm and amenities. A thoughtful perspective is that while the home's footprint is modest compared to some on the block, this can translate to lower utility costs and less maintenance—a practical trade-off for the location.
This home would best suit first-time buyers or downsizers seeking established neighborhood character without a premium price tag. It’s a pragmatic choice for those who value location over size and are comfortable with a home that offers functional space rather than expansiveness.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
At just over 5,000 sqft, the land area is below average for Montrose Street but is fairly typical for the broader Central River Heights area and the city overall.
2. Is the home unusually small?
The living space is below average for its immediate street but is actually very close to the average size for both the neighborhood and Winnipeg as a whole, indicating it's a characteristically sized city home.
3. What does the sale history indicate?
The property sold for $34.8k in 2019 and for $300k in 2016. This significant variance suggests the 2019 sale may have been a non-arms-length transaction (such as between family members) and is not reflective of market value. The 2016 price is a more relevant market benchmark.
4. What is the likely condition given its age?
Being built in 1950, it is a mid-century home. While newer than many on its street, buyers should still budget for updates common to homes of this era, such as older windows, plumbing, or electrical systems, though the basement renovation is a positive mark.
5. Who might this property not suit?
Buyers needing abundant living space or a very large yard may find it limiting. It’s also less suited for those seeking a move-in-ready home without any projects, as some updates are likely due given its age.
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