79.4
Good
Property score
79.4
Good
Overall 79.4
Larger than most nearby homes
1,698 sqft (top 16%)
Built in 1951 (2 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: 2 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
26% larger than neighborhood avg.
Year Built
Below average
2 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
79.4 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
585 Elm Street — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 296 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 585 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 11% | Bottom 30% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 585 Elm Street, Central River Heights
Section 1: Key Characteristics & Appeal
This well-situated two-storey home on a generous 5,769 sqft lot offers a classic Central River Heights foundation with clear modern updates. Its key features include a renovated basement and a detached garage. Built in 1951, the house is newer than many on its street and in the wider neighbourhood, suggesting potentially fewer concerns with aging infrastructure. With 1,698 sqft of living space, it provides above-average roominess for both the Central River Heights area and Winnipeg overall.
The primary appeal lies in its balanced position within a desirable neighbourhood. It’s not the largest or newest home, but it sits comfortably above average in several key metrics for the area, offering a solid value proposition. The renovated basement adds immediate functional space without the need for a project. This property would suit a buyer looking for a move-in-ready character home in a prime location, who values a large lot and appreciates a house that compares favourably in size and age to its local peers without being at the very top of the market.
A thoughtful perspective: The home’s assessed value is notably lower than its 2016 sale price, which may indicate room for equity growth as updates are recognized or simply reflect a conservative tax assessment—a point for discussion with a real estate professional.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The lot of 5,769 sqft is above average for Elm Street specifically (top 27%) and about average for the broader Central River Heights area, offering good outdoor space for the neighbourhood.
2. Has the home been updated since it was built in 1951?
Yes, the basement has been renovated, providing modernized living space. The condition of other major systems (roof, wiring, plumbing) should be verified during an inspection.
3. Is the sale price history typical for the area?
The home sold for $360,000 in 2016, which was a top-tier price for Elm Street at that time. The current assessed value for taxes is significantly lower, a common discrepancy that does not necessarily predict market value.
4. Who might this home not suit?
Buyers seeking a brand-new build or the absolute largest home on the block may find it dated in some original aspects. Those requiring an attached garage or a swimming pool should look elsewhere.
5. How does the living space feel for a family?
At 1,698 sqft, it offers above-average space for both the neighbourhood and the city. The two-storey layout and renovated basement likely provide good separation of living and sleeping areas, suitable for a growing family.
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.
