78.2
Good
Property score
78.2
Good
Overall 78.2
Larger than most nearby homes
1,671 sqft (top 18%)
Built in 1952 (1 yr 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
Above average
24% 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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78.2 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: #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
578 Waterloo Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 323 m), 3 parks (nearest 368 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 578 Waterloo 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 50% | Top 23% | 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 Waterloo Street in Central River Heights presents a solid, updated offering in a well-regarded neighbourhood. Built in 1952, it sits on a standard 5,423 sqft lot and features a renovated basement and a detached garage. With 1,671 sqft of living space, it is notably more spacious than many comparable homes in the broader area. Its appeal lies in its move-in-ready condition with key updates already completed, coupled with the enduring desirability of the Central River Heights location, known for its mature streets, amenities, and community feel.
This property would suit a practical buyer—perhaps a young family, a professional couple, or a downsizer—who values location and functional space over extreme size or a brand-new build. It’s for someone who appreciates having renovation work (like the basement) already done and prefers the character and established nature of a mid-century home on a traditional lot.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
While the lot and year built are average for the street, the living area is a standout feature. At 1,671 sqft, it offers above-average interior space compared to most homes in Central River Heights and citywide.
2. What is the significance of the assessed value versus the last sale price?
The current assessed value is $51.30k, while it last sold in 2016 for $47.20k. This indicates a stable, gradual appreciation in line with the market. The assessment suggests it holds value well within its peer group in the neighbourhood.
3. What is the likely condition given the year built?
Built in 1952, the home is of an age where core systems (roof, wiring, plumbing) may need evaluation or could have been updated. The mention of a renovated basement is a positive sign of recent investment, but a thorough inspection for an older home’s typical maintenance items would be advisable.
4. Who might the detached garage appeal to?
Beyond vehicle storage, the detached garage offers flexibility. It could serve as a workshop, a studio, or provide extra storage without encroaching on the home's living space—a valuable asset for hobbyists or those needing a clear separation between home and work/activity areas.
5. Is the property a good investment for the area?
The data shows its key metrics (value, living space) consistently rank above average for the wider neighbourhood and city. This suggests it’s a competitively positioned property in Central River Heights, an area with steady demand, which typically supports long-term value retention.
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