Central River Heights, Winnipeg
Property score
69.3
Good
Overall 69.3 · Compared with neighbourhood average
1,168 sqft (bottom 38%) · Built in 1951 (2 yrs 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 dining spot, 1 school, 2 parks, and 1 place of worship nearby
Living Area
Below average
13% smaller than neighborhood avg.
Year Built
Below average
2 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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69.3 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: #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
582 Niagara Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 473 m), 1 education (nearest 288 m), 2 parks (nearest 229 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 14% | Bottom 17% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 582 Niagara Street, Central River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard city lot presents a practical opportunity in the established Central River Heights neighbourhood. Built in 1951, it is newer than many homes on its street but offers a modest 1,168 sqft of living space. A key feature is its renovated basement, adding functional space, and it includes a detached garage. The home’s assessed value is notably below average for both the immediate street and the broader neighbourhood.
Its primary appeal lies in its value proposition and location. It suits a specific buyer: someone seeking an entry point into a desirable, central area without a premium price tag. This could be a first-time homebuyer, an investor, or a downsizer comfortable with a cozier footprint who prioritizes community and location over sheer size. A thoughtful perspective is that the below-average assessment, while reflecting the home’s scale, could also indicate potential for value growth through updates, making it a candidate for a gradual, live-in renovation. The detached garage is a significant asset in this neighbourhood, offering storage or workshop space that many nearby properties lack.
Section 2: Frequently Asked Questions
1. Is the home smaller than others in the area?
Yes. At 1,168 sqft, the living area is below the average for Niagara Street itself. However, it is very close to the average size for both Central River Heights and the entire city, indicating it’s a compact but standard Winnipeg home.
2. What does the “renovated basement” include?
The provided details confirm the basement is renovated but do not specify the scope or finishes. This would be a key point to clarify with the seller or listing agent to understand the quality and layout of the additional space.
3. How does the assessed value affect property taxes?
A lower assessed value generally translates to lower municipal property taxes compared to higher-valued homes in the same area. This is a practical financial benefit for the homeowner.
4. The home sold in 2019 for $32,900. What does that indicate?
This prior sale price, significantly below the current assessed value of $38,100, likely reflects a very different market condition or the property’s state at that time. It underscores the importance of understanding what changes or market factors have influenced its current valuation.
5. Is the lot size a pro or a con?
At 4,768 sqft, the lot is slightly smaller than the street average but is a standard city lot. It offers manageable outdoor maintenance while still providing private yard space—a balanced option for those who want greenery without extensive upkeep.
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