63.3
Fair
Property score
63.3
Fair
Overall 63.3
Smaller than most nearby homes
1,056 sqft (bottom 22%)
Built in 1952 (1 yr older than avg)
Located in a high-income area
with median household income of ~95k
Transit 86.0
2-min walk to transit with 4 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
Below average
22% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 80%Tagalog · 2%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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63.3 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: #46110425
$95K
Median household income
$112K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
32%
Single-person households
21%
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
581 Oxford Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 439 m), 2 parks (nearest 261 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 | Bottom 2% | Bottom 3% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on Oxford Street in Central River Heights is a practical property centered on its generous 4,798 sqft lot. Built in 1952, the house itself is a modest 1,056 sqft with a renovated basement and a detached garage. Its appeal lies in its location within a well-established neighbourhood and the significant potential offered by the large lot relative to the home's footprint. The assessed value is notably lower than many area comparables, suggesting it may be an accessible entry point into the area.
This property would suit a value-conscious buyer, such as a first-time homeowner or an investor, who sees potential in the land or is willing to update the living space over time. It's less suited for those seeking immediate move-in condition or above-average interior square footage for the price.
Key Questions & Considerations
1. Why is the assessed value significantly lower than nearby averages?
The assessed value is well below averages for both Oxford Street and Central River Heights. This typically reflects the home's smaller living area, older age, and the fact that assessment is based on a prior sale price. It indicates a property that may be valued more for its land than its current structure.
2. What does the "renovated basement" entail?
The listing notes a renovated basement, but specifics on the finish quality, permits, or the nature of the renovation (e.g., cosmetic vs. structural) are not provided. This would be a key area for inspection and inquiry.
3. Is the large lot a benefit or a burden?
The lot size is a standout feature, offering space for expansion, gardening, or outdoor living. However, for some buyers, a larger lot also means higher maintenance and property taxes relative to the home's size.
4. How does the 2020 sale price relate to today's market?
The property sold for $26,500 in March 2020. Market conditions have shifted considerably since then, so that price is not a reliable indicator of current value but does highlight a history of being a lower-priced option in the area.
5. What are the implications of the "below average" rankings for living area?
The home's living area is below average for its immediate street and neighbourhood. This confirms it is a compact home, ideal for minimalists or those planning an addition, but potentially cramped for growing families without renovation.
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