71.9
Good
Property score
71.9
Good
Overall 71.9
Older than most nearby homes
1,226 sqft (bottom 46%)
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: 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
9% 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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71.9 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
640 Ash Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 410 m), 2 parks (nearest 254 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% | Top 15% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
640 Ash Street is a two-storey home built in 1950, situated on a standard-sized lot in Winnipeg's Central River Heights neighbourhood. Its key appeal lies in its above-average assessed value for the area, suggesting a perception of quality or desirability that outpaces many comparable homes. The property features a renovated basement and a detached garage. While the living space is modest compared to others on its street, it aligns with the neighbourhood and city averages, presenting a more compact and manageable footprint. This home would suit a buyer looking for a established character home in a central location, who values a renovated lower level and prefers a smaller interior to maintain. It’s a practical choice for those who prioritize lot location and perceived value over sheer square footage, potentially appealing to small families, couples, or downsizers seeking a low-maintenance interior without sacrificing outdoor space.
Frequently Asked Questions
1. What does "above average assessed value" actually indicate?
It means the municipal property assessment is higher than most similar homes in the immediate area, which can reflect recent improvements, desirable lot attributes, or a strong historical sale price. It's a useful data point for understanding how the property is officially valued relative to its peers.
2. Is the living space too small?
At 1,226 sqft, the home is notably smaller than the average on Ash Street itself, but is typical for the broader River Heights neighbourhood and Winnipeg overall. This suggests the street may have larger homes, but this property offers a more efficient layout that aligns with common city standards.
3. What are the implications of a 1950 build date?
Built in 1950, the home is older than many in the city and neighbourhood. This typically means character details are possible, but it also underscores the importance of a thorough inspection to understand the condition and age of major systems like plumbing, electrical, and the roof, even with a renovated basement.
4. How does the detached garage affect usability?
A detached garage offers flexibility for use as a workshop or project space separate from the house, but it is less convenient for daily parking in Winnipeg winters compared to an attached garage. This is a trade-off between utility and convenience.
5. The last sale was in early 2021; is that relevant?
Yes. The sale price from February 2021 provides a historical benchmark, but market conditions have likely shifted. It's most useful for understanding the price trajectory and should be compared with current market evaluations for a complete picture.
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