75.1
Good
Property score
75.1
Good
Overall 75.1
Compared with neighbourhood average
1,327 sqft (top 43%)
Built in 1952 (1 yr older than avg)
Located in a high-income area
with median household income of ~134k
Transit 70.0
5-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 schools, 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
Near average
1% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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75.1 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: #46111046
$134K
Median household income
$170K
Average household income
3%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
19%
Single-person households
36%
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
628 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 477 m), 2 education (nearest 380 m), 2 parks (nearest 320 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 628 Waterloo 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 43% | Top 16% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 628 Waterloo Street in Central River Heights is a property defined by its land and location. Its primary appeal lies in owning a generous, above-average lot in a central and desirable neighbourhood. The 6,158 sqft property size ranks within the top 18% on its own street and top 14% in Central River Heights, offering significant outdoor space and potential in a mature area. The home itself, built in 1952, is of average size for the area at 1,327 sqft and features a renovated basement and a detached garage.
The property would suit a specific type of buyer: those who value land and location over a large existing footprint. It’s ideal for a long-term investor or an owner-occupant with a vision for expansion, renovation, or enjoying substantial yard space. The above-average assessed value for the neighbourhood suggests the property is already well-regarded in its current state. A thoughtful perspective is that this home represents an opportunity to own a premium-sized lot in a stable area, where the value is anchored more in the land itself than the current structure, appealing to those with future plans.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. The land area is significantly larger than most comparable properties on the street and in the wider Central River Heights neighbourhood, ranking in the top 14-18%. This is a key differentiator for gardening, outdoor living, or future additions.
2. How does the home’s size compare to the neighbourhood?
The living area is around the neighbourhood average. The appeal here isn’t a large existing house, but the balance of a decent-sized home on a much larger-than-average lot.
3. What does the assessed value tell us?
Its assessed value ranks above average for both the neighbourhood and city-wide, indicating official recognition of its relative worth, likely due to the lot size, renovated basement, and location.
4. The home was built in 1952. What should I consider?
While the basement is renovated, a home of this age will likely require attention to major aging components, such as the roof, plumbing, electrical, and windows. A thorough inspection is essential.
5. Who are the most likely buyers for this property?
It suits buyers prioritizing location and land over a turnkey, modern layout. This includes renovators, those seeking a large yard in a central area, or investors looking for a property in a high-demand neighbourhood where land is a scarce commodity.
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