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 88.0
2-min walk to transit with 3 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
633 Cambridge Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 178 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 | Top 30% | Bottom 49% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 16% |
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 primary appeal lies in its renovated basement and its position on a street where the property is newer than many of its immediate neighbours. With 900 sqft of living space, it is a compact home, well below the area average. This presents a specific value proposition: it is a property where the investment is anchored more in the land and location than in the size of the existing structure. The lot size, while below average for the prestigious Central River Heights area, is still generous by city-wide standards.
The home would suit a buyer looking for an entry point into a desirable, established neighbourhood, who is comfortable with a smaller footprint or who views the property as a long-term land investment with renovation or redevelopment potential. It’s also a practical fit for those seeking a manageable, low-maintenance home without the upkeep of a larger house or yard. A thoughtful perspective is that its "below average" metrics for the area are precisely what make it accessible, offering a chance to own in River Heights without the typical price tag, albeit with compromises on space.
Frequently Asked Questions
Is the lot size a disadvantage?
While the 4,798 sqft lot is below the average for Central River Heights, it is still a substantial size, ranking above average when compared to the entire city. It offers a classic neighbourhood feel with room for a garden and outdoor space, just not as expansive as some neighbouring properties.
What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, the presence of a secondary suite or legal rental potential, ceiling height, and whether any moisture-proofing or foundational work was part of the renovation.
Why is the living area significantly smaller than nearby homes?
At 900 sqft, the home is notably compact. This is characteristic of some original, older homes in the area that haven’t been expanded. It indicates a home that is efficient and manageable, but may require creative use of space or be a candidate for a future addition, subject to local zoning.
How should I interpret the assessed value versus recent sale price?
The property was last assessed at $36,100 but sold for $40,100 in June 2023. This indicates the market value at that time exceeded the municipal assessment, which is common. The assessment is for taxation purposes and often lags behind current market values.
What is the significance of the home being "newer" than others on the street?
Built in 1949, this home is actually newer than the average house on Cambridge Street (avg. 1946). In an older neighbourhood, a slightly newer build can sometimes mean updated construction methods or materials for its era, though the difference here is minimal. It primarily indicates the street is consistently mature and established.
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