69.2
Good
Property score
69.2
Good
Overall 69.2
Older than most nearby homes
1,172 sqft (bottom 39%)
Built in 1950 (3 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 80.0
5-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
Below average
13% smaller 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
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69.2 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
637 Oak Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 378 m), 2 parks (nearest 211 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 35% | Top 44% | Top 30% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 46% | Top 26% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 637 Oak Street, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1950 on a mature lot in Central River Heights. Its key features include a renovated basement and a detached garage. The property presents a compelling mix of modest scale and established neighbourhood charm.
The primary appeal lies in its efficient layout and desirable location. With just over 1,170 sqft of living space, it offers a manageable footprint that is actually close to the city-wide average for homes, suggesting a practical, low-maintenance interior. The lot size, while below average for the immediate street and area, is still a generous 4,822 sqft, providing ample outdoor space in a central community.
This home would suit first-time buyers seeking an entry point into a sought-after neighbourhood without the upkeep of a larger property. It’s also ideal for downsizers looking to maintain a garden and storage (via the detached garage) while moving to a single-level layout. The renovated basement adds valuable flexible space, which is a significant asset in a home of this size. A thoughtful perspective is that its assessed value ranks notably higher city-wide than within its own neighbourhood, which can indicate a property that holds its value well against a broader market, potentially appealing to the value-conscious buyer.
Frequently Asked Questions
1. Is the house particularly small for the area?
The living area is below average for Oak Street itself, but it is very close to the average for both Central River Heights and Winnipeg overall. It’s a compact but efficiently sized home for the neighbourhood.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the selling agent regarding the finish, ceiling height, permitted uses, and whether it includes a bathroom or secondary living space.
3. How does the lot size impact potential?
At 4,822 sqft, the lot is smaller than many on the street but still offers significant outdoor space. For some, this means less yard maintenance. It may also present future potential for additions or landscaping projects, subject to local zoning.
4. The sale price has dropped since 2022. Is this a concern?
The property sold for $46.1k in 2022 and then $41.7k in 2023. Market fluctuations, specific sale conditions, or changes to the property between sales can affect price. Reviewing the full sale history and any changes made during that period is essential for context.
5. Who is responsible for the detached garage's maintenance?
As a detached structure, it will have its own roof, foundation, and siding. Buyers should ensure it is included in a thorough inspection to understand its condition, potential repair costs, and any utility connections (e.g., electricity).
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