75.9
Good
Property score
75.9
Good
Overall 75.9
Larger than most nearby homes
1,449 sqft (top 28%)
Built in 1951 (2 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 school, 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
8% 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
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75.9 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
597 Elm Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 493 m), 2 parks (nearest 269 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 597 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 Summary: 597 Elm Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on a generous 5,423 sqft lot in Central River Heights presents a compelling blend of established neighbourhood charm and practical updates. Its key appeal lies in its balance: it offers a renovated basement and a detached garage on a lot size that is above average for the immediate street, providing valuable outdoor space and potential. Built in 1951, it is a newer construction compared to many homes on Elm Street itself.
The living area of 1,449 sqft is notably spacious for the Central River Heights neighbourhood, suggesting a comfortable interior footprint relative to many area homes. The 2021 sale price indicates strong market interest. This property would suit first-time buyers or downsizers seeking a move-in-ready home with a low-maintenance yard in a central, mature neighbourhood. It also appeals to value-conscious buyers looking for a solid foundation in a desirable area, where the renovated basement and lot size offer immediate utility and future flexibility.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The lot is 5,423 sqft, which is larger than the average for both Elm Street and the broader Central River Heights neighbourhood, offering more private outdoor space than many comparable properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key detail to clarify with the seller or listing agent regarding the finish, layout, and permitted uses.
3. Is the assessed value a good indicator of the likely sale price?
No, the municipal assessed value for taxation ($41.80K) is typically much lower than market value. The 2021 sale price of $360K is a more relevant benchmark, though current market conditions will determine the new price.
4. The home is described as "one-and-a-half storey." What does that mean?
This style typically features a main floor with principal rooms and a second floor under sloping rooflines, often creating cozy bedrooms with character. It is a common and desirable architectural style in many of Winnipeg's established neighbourhoods.
5. How does the living space compare to newer homes?
At 1,449 sqft, the living area is above average for Central River Heights. While it may be below the average for houses specifically on Elm Street (which may have more large, two-storey homes), it provides ample space for a household and is actually larger than the average Winnipeg home.
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