76.6
Good
Property score
76.6
Good
Overall 76.6
Larger but older than most nearby homes
1,540 sqft (top 24%)
Built in 1950 (3 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 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
14% 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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76.6 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
580 Elm Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 299 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 580 Elm 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 19% | Bottom 48% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 580 Elm Street, Central River Heights
Key Characteristics & Appeal
This two-storey home, built in 1950, sits on a standard 5,068 sqft lot in the sought-after Central River Heights neighborhood. Its primary appeal lies in its above-average living space (1,540 sqft) for the area, offering more room than many neighboring homes, combined with the value of a recently renovated basement. The detached garage adds practical utility. While the house itself is older, its assessed value positions it favorably compared to both local and city-wide averages, suggesting a solid foundation for the price.
This property would suit a practical buyer looking for a character home in a prime location without needing a massive lot. It’s ideal for someone who values move-in readiness in the basement space and appreciates having more interior square footage than is typical for the community. The data indicates it offers a balanced proposition: not the newest or largest lot on the street, but a competitively sized home with modernized updates in a highly desirable neighborhood.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The lot is just under the average for Elm Street itself and is a standard size for Central River Heights. It provides typical yard space for the neighborhood but isn’t considered oversized.
2. The home was built in 1950. What should I consider?
While the basement has been renovated, the core structure is 76 years old. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems.
3. The living area is listed as "above average" for the neighborhood. What does that mean?
Most homes in Central River Heights have less living space. With 1,540 sqft, this home offers more interior room than approximately 76% of comparable properties in the immediate area, which is a key advantage.
4. How is the assessed value of $48.5k relevant to the sale price?
The assessed value is for municipal tax purposes and is historically much lower than market value. The last recorded sale was in 2017 for $400k. Market conditions, renovations, and demand will determine the current listing and sale price.
5. What is the significance of the detached garage?
A detached garage is common for homes of this era. It provides secure parking and storage but may require walking outside to access the house—a factor to consider during Winnipeg winters.
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