56.1
Fair
Property score
56.1
Fair
Overall 56.1
Smaller but newer than most nearby homes
813 sqft (bottom 1%)
Built in 1953
Located in a high-income area
with median household income of ~109k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 2 schools, 3 parks, 1 sports facility, and 2 bank/ATMs nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 68%Tagalog · 6%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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56.1 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: #46110426
$109K
Median household income
$112K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
22%
Single-person households
33%
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 Oxford Street — 10 amenities found within 500 m, across 5 categories, including 2 education (nearest 297 m), 3 parks (nearest 224 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 16% | Bottom 12% | Bottom 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 8% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1953 one-storey home on a standard 5,159 sqft lot in Central River Heights presents a unique profile. Its key appeal lies in the combination of a renovated basement and a detached garage on a decent-sized lot, all within a well-established neighbourhood. However, its 813 sqft living area is notably compact, placing it well below average for both the street and the area. The assessed value is significantly lower than area averages, reflecting the home's smaller size.
This property would suit a specific buyer: perhaps a first-time purchaser comfortable with a cozy footprint, an investor looking for a rental property with a separate basement unit (subject to verification), or someone seeking a lower-cost entry into the neighbourhood with plans to eventually expand or rebuild. Its value proposition is less about the existing house and more about the land, location, and the potential offered by the renovated basement and garage.
Frequently Asked Questions
1. Why is the assessed value so much lower than area averages?
The assessed value is primarily based on the home's very modest living area (813 sqft), which is among the smallest in Central River Heights. This results in a lower valuation compared to larger homes on similar lots.
2. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify if it is a legal, self-contained suite. This is a crucial point to verify with the seller and the city, as it impacts rental potential, insurance, and value.
3. Given the small house size, is this a "teardown" or renovation project?
While the home is livable with a renovated basement, the small main-floor footprint makes it a candidate for a significant expansion or eventual rebuild. The lot size and neighbourhood make it a viable project for a buyer with future renovation or construction plans.
4. How does the detached garage add value?
In a mature neighbourhood where many homes only have carports or rear lanes, a detached garage is a practical asset. It provides secure storage, workshop space, and protects a vehicle from the elements, adding functional value beyond the house itself.
5. The sale prices from 2017 and 2019 seem very low. Why?
These historical sale prices are consistent with the home's long-standing status as a smaller, modestly valued property in the area. They establish a previous value baseline but do not necessarily reflect the current market, which would be influenced by recent renovations, overall market conditions, and the value of the lot itself.
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