81.3
Excellent
Property score
81.3
Excellent
Overall 81.3
Larger but older than most nearby homes
1,948 sqft (top 7%)
Built in 1950 (3 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
45% 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
81.3 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: #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
604 Elm Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 453 m), 2 parks (nearest 223 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 604 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 | Top 10% | Top 1% | Top 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 39% | Top 14% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 604 Elm Street, Central River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on a mature, standard-sized lot in Central River Heights presents a compelling blend of space, location, and modern updates. Built in 1950, its key appeal lies in its generous 1,948 sqft of living area, which is notably above average for both the immediate neighbourhood and the city. This spaciousness is complemented by a renovated basement, adding valuable finished square footage. The home features a detached garage.
Its strongest suit is its established location within a sought-after neighbourhood, supported by its elite-tier assessed value ranking in Central River Heights. The recent sale price of $720k significantly outpaces both the 2016 sale price and the average for comparable homes, indicating strong market confidence and perceived value in this specific area.
This property would best suit buyers looking for a move-in ready, character home with ample interior space in a prime central neighbourhood. It’s ideal for those who prioritize location and liveable square footage over having the newest build or the largest lot on the street. The renovated basement adds immediate functionality, making it a practical choice for families or those who desire dedicated space for entertainment, a home office, or guests.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
At just over 5,000 sqft, the lot is around the average for Elm Street and Central River Heights. The value here is in the interior space and location rather than extensive outdoor grounds.
2. The home was built in 1950. What should I consider?
While the basement has been renovated, a home of this age will likely have original elements elsewhere. Prospective buyers should budget for ongoing maintenance and potential updates to major aging components like the roof, windows, or plumbing, which is typical for the neighbourhood.
3. Why is the assessed value much lower than the recent sale price?
Municipal assessed value for taxation purposes often lags behind rapid market appreciation. The sale price reflects current buyer demand, the home’s condition, and the premium for the Central River Heights location, which the assessed value formula may not fully capture.
4. What does the "Elite" assessed value ranking mean for the neighbourhood?
This ranking indicates that, according to the city’s assessment, this home is in the top 4% of comparable properties in Central River Heights for value. This typically reflects a combination of the home’s size, condition, and desirable location within the neighbourhood.
5. The sale price jumped significantly from 2016 to 2024. Is this typical?
While the overall market has appreciated, this increase is well above average. It strongly suggests substantial improvements were made (like the basement renovation) and/or that the 2016 sale may have been under different conditions (e.g., a non-arms-length transaction). It highlights the property’s transformed market position over the last eight years.
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.
