59.0
Fair
Property score
59.0
Fair
Overall 59.0
Smaller and older than most nearby homes
917 sqft (bottom 6%)
Built in 1949 (4 yrs older than avg)
Located in a high-income area
with median household income of ~95k
Transit 82.0
2-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
32% 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
625 Cambridge Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 159 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 47% | Bottom 22% | Top 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 11% |
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 mature lot in Central River Heights. Its key appeal lies in its location and the opportunity it presents. The lot size, while below average for the desirable neighbourhood, is still generous and offers potential for expansion or landscaping. The home itself is modest in size at 917 sqft, with an unrenovated basement and no garage, positioning it as an entry point into a sought-after area. Its most recent sale in 2022 at $340k suggests it is seen as a viable project or a home for those prioritizing location over turn-key condition.
Who It's For: This property is best suited for first-time buyers, downsizers, or investors comfortable with a home that requires updates. It appeals to those who value the established streetscape, walkability, and community of River Heights more than immediate modern finishes. It’s a practical choice for someone looking to build equity through gradual improvements rather than purchasing a fully renovated home at a premium.
Frequently Asked Questions
Is the lot size a disadvantage?
While the land is below the neighbourhood average, it is still nearly 4,800 sqft—a substantial size for an inner-city property. For many buyers, this is more than adequate for a garden, patio, and private space, and it remains larger than many typical city lots.
What does "unrenovated basement" typically imply?
This usually indicates the basement is in its original, functional state. Expect a concrete floor, basic finishes, and older mechanical systems (like the furnace or wiring). It offers usable space for storage or laundry but will require investment to become a finished living area.
How does the 2022 sale price inform the current value?
The $340k sale two years ago, significantly higher than the 2017 sale, reflects the strong demand for River Heights. It sets a recent benchmark, suggesting the market values the location highly even for a home requiring work. Current value would be influenced by market trends and any changes made since.
With no garage, what are parking options?
The property likely relies on street parking, which is common in older parts of River Heights. Buyers should check specific city regulations for permit requirements and observe daily parking patterns to assess convenience.
Why consider a smaller home in this area?
A smaller footprint means lower utility costs and less maintenance, allowing you to invest in the neighbourhood's amenities instead. For the right buyer, it’s a trade-off: you accept a cozier living space to gain access to a prime location with character, mature trees, and community feel.
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