64.7
Fair
Property score
64.7
Fair
Overall 64.7
Smaller than most nearby homes
988 sqft (bottom 13%)
Built in 1951 (2 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 1 school, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Below average
2 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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64.7 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: #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
643 Elm Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 351 m), 1 parks (nearest 139 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%
Local garbage, recycling, and yard waste pickup schedule for 643 Elm Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | Top 44% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 643 Elm Street in Central River Heights presents a specific and compelling opportunity. Its key appeal lies in the combination of a generous, above-average lot in a desirable neighbourhood with a home that has a recently renovated basement. The living space is modest at 988 sqft, placing it among the smaller homes on the street, which suggests the value here is primarily in the land and the basement expansion potential. The detached garage adds practical utility.
It would suit a pragmatic buyer looking for a foothold in a well-regarded area without a premium price tag. This could be a first-time buyer comfortable with a cozy main floor, an investor seeing the value in the lot and renovation, or someone planning a future main-floor expansion who appreciates the head start of a finished basement. Its below-average assessed value for the street indicates it may be priced accessibly relative to its neighbours, offering a chance to enter the market at a lower point.
Frequently Asked Questions
1. Is the house in good condition?
While the listing confirms a renovated basement, the condition of the main floor (built in 1951) is not detailed. A thorough inspection would be essential to understand any needed updates or maintenance.
2. Why is the assessed value lower than many on the street?
The assessed value is likely lower due to the home's smaller living area compared to others on Elm Street. Value assessments heavily weigh finished square footage, so the modest main floor size impacts this figure.
3. How usable is the large lot?
At 5,810 sqft, the lot is a significant asset. It offers ample outdoor space for gardening, recreation, or future additions like a deck or expanded parking. Its size is a standout feature for the area.
4. Can the main floor be expanded?
The generous lot size and one-storey structure could make a main-floor addition or a second-storey expansion a feasible future project, subject to local zoning and building regulations.
5. What does "renovated basement" include?
The listing does not specify the scope of the renovation. It’s important to clarify what work was done, the quality of finishes, if proper permits were obtained, and whether it includes a separate entrance or legal suite potential.
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