59.0
Fair
Property score
59.0
Fair
Overall 59.0
Smaller and older than most nearby homes
900 sqft (bottom 4%)
Built in 1949 (4 yrs older than avg)
Located in a high-income area
with median household income of ~95k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 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
Below average
33% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 80%Tagalog · 2%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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59.0 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: #46110425
$95K
Median household income
$112K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
32%
Single-person households
21%
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
621 Cambridge Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 150 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 3% | Bottom 1% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home, built in 1949, sits on a desirable street in Winnipeg's Central River Heights neighbourhood. Its key appeal lies in the combination of a prime location and a significant, well-sized lot. At just under 4,800 square feet, the property offers more outdoor space than most in the immediate area, presenting a notable opportunity for gardening, expansion, or future development. The home itself is modest in size at 900 square feet of living area, but it features a renovated basement and a detached garage.
The property would particularly suit a first-time buyer, an investor, or a downsizer looking for a foothold in a sought-after neighbourhood without the premium price of a larger, updated house. It’s a classic "value in the land" proposition, ideal for someone with a vision to renovate or expand over time, or for an investor considering a future infill project given the lot's dimensions and location.
Frequently Asked Questions
1. Is the house in good condition?
While specific interior condition details aren't provided here, the listing notes the basement has been renovated. Given the home's age and modest assessed value relative to the neighbourhood, buyers should budget for updates to the main living areas and systems.
2. Why is the assessed value so much lower than the sale price?
The assessed value is for taxation purposes and often lags behind market value, especially in active markets. The sale price reflects what a buyer recently paid, which is influenced by land value, location demand, and market conditions rather than just the assessed figure.
3. Is the lot large enough to build a new home or add a significant addition?
At 4,798 sq ft, the lot is larger than many in Central River Heights. While subject to zoning bylaws and permits, the lot size is a key asset that does create potential for additions or future redevelopment, which is a major part of the property's appeal.
4. What are the downsides of a smaller, older home like this?
The living space is compact, and utility costs can be higher if older windows, insulation, or mechanical systems haven't been updated. The layout may also feel dated compared to modern open-concept designs.
5. How does this property compare to others on the street?
The data shows this home sits on a larger-than-average lot for Cambridge Street but has a smaller living area and a lower assessed value than most neighbours. This indicates it may be one of the more original properties on the block, surrounded by potentially larger or more updated homes.
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