Central River Heights, Winnipeg
Property score
82.7
Excellent
Overall 82.7 · Larger than most nearby homes
1,993 sqft (top 6%) · Built in 1952 (1 yr older than avg)
Located in a high-income area with median household income of ~134k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 parks, and 1 place of worship nearby
Living Area
Above average
48% larger 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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82.7 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
637 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 419 m), 2 education (nearest 363 m), 2 parks (nearest 259 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 20% | Top 3% | Top 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 10% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home on Waterloo Street in Central River Heights presents a compelling blend of established neighbourhood character and above-average substance. Its primary appeal lies in its generous proportions, both in living space and land size, within a highly regarded area.
Key Characteristics & Appeal
The home is situated on a large, 6,385 sqft lot that ranks in the top 15% for size on its own street and the top 12% within Central River Heights, offering rare potential for gardens, play space, or expansion. With nearly 2,000 sqft of living area, the interior space is significantly larger than most neighbourhood and city-wide comparables. A key feature is the renovated basement, adding functional living space. The home's assessed value places it in an elite tier for the neighbourhood (top 3%), indicating a property that has been valued well above area norms, a fact corroborated by its recent sale price.
This property would best suit buyers looking for a "land-rich" home in a prime central location—those who value space and potential over a brand-new build. It’s ideal for a growing family seeking established community roots, or for a buyer who sees value in a solid, spacious canvas for gradual updates. The detached garage adds practical utility for storage or vehicles. A less obvious perspective is that its above-average metrics across the board suggest a property that has consistently outperformed its peers, offering a degree of insulation against market fluctuations in a desirable area.
Frequently Asked Questions
How does the lot size compare to typical properties?
The lot is notably larger than average. It is bigger than 85% of properties on Waterloo Street and 88% of homes in Central River Heights, providing a significant amount of private outdoor space.
Is the home newer or older than others in the area?
Built in 1952, its age is very typical for the neighbourhood. It is slightly newer than the average home on its street but aligns closely with the average build year for Central River Heights as a whole.
What does the "Elite" assessed value ranking mean?
Ranking in the top 3% for assessed value in Central River Heights means this home is officially valued higher than 97% of properties in the neighbourhood. This typically reflects a combination of its large lot, generous living area, renovations, and desirable location.
How does the living space compare?
The living area is a key strength. At 1,993 sqft, it is substantially larger than the average home in Central River Heights (approx. 1,346 sqft) and ranks within the top 6% for the neighbourhood.
What is the significance of the renovated basement?
The renovated basement adds valuable, finished square footage to the home's functional living area. This is a practical advantage, providing space for recreation, a home office, or additional bedrooms without needing an addition.
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