74.6
Good
Property score
74.6
Good
Overall 74.6
Larger but older than most nearby homes
1,484 sqft (top 27%)
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, 1 park, 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
Above average
10% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
74.6 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
583 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 364 m), 1 parks (nearest 132 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 583 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 8% | Bottom 9% | Bottom 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 583 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 and in the wider neighbourhood, which can suggest updated infrastructure or materials. With 1,484 sqft of living space, it offers above-average room for the area, providing more interior space than many nearby homes while remaining a manageable size.
The property’s appeal is grounded in its balance and potential. It sits on a modest, sub-5,000 sqft lot, which means lower maintenance than larger plots but less private outdoor space. A key feature is the renovated basement, adding immediate functional living area. The detached garage offers flexibility. Its assessed value is below average for the immediate street and neighbourhood, which could indicate a value proposition for a buyer willing to invest in updates, or it may reflect the home’s current condition.
This home would suit a first-time buyer or a downsizer seeking a foothold in a established neighbourhood without the upkeep of a larger property. It’s also a sensible fit for a pragmatic investor or a buyer who prioritizes interior space over expansive land, viewing the smaller lot as a benefit for reduced yard work.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value really indicate?
While the assessed value is a key municipal metric for taxes, a value below area averages can signal different things. It may reflect a home in need of modernization, or it could represent a genuine pricing opportunity in a desirable neighbourhood. It's essential to compare this with current market listings and recent sales.
2. How significant is the renovated basement?
A renovated basement effectively adds usable square footage not fully captured in the main living area figure. It’s a valuable asset that provides space for recreation, storage, or an extra bedroom, adding functionality without the need for immediate investment.
3. The lot size is smaller than average for the area. Is this a drawback?
This depends on your lifestyle. A smaller lot (4,560 sqft) means less yard maintenance, which is a plus for those seeking simplicity. However, it also means less room for gardening, play structures, or future expansions like a large deck or addition. It’s a trade-off between convenience and outdoor space.
4. The home is newer than many on the street. Why does that matter?
A 1950 build date is newer than the street average (1943). This can often correlate with more modern construction techniques, wiring, or plumbing compared to much older homes, potentially reducing the likelihood of some legacy maintenance issues.
5. What is the context of the last sale price from 2016?
The 2016 sale price of $29,800 is a historical data point and not indicative of current market value. Real estate markets can change significantly over several years. This figure is useful for understanding ownership timeline but should not be used as a benchmark for today’s value.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
