Central River Heights, Winnipeg
Property score
66.8
Good
Overall 66.8 · Smaller than most nearby homes
1,040 sqft (bottom 20%) · Built in 1951 (2 yrs older than avg)
Located in a high-income area with median household income of ~141k
Transit 80.0 · 3-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
Below average
23% smaller than neighborhood avg.
Year Built
Below average
2 yrs older than neighborhood avg.
Mother tongue
English · 84%French · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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66.8 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: #46111044
$141K
Median household income
$160K
Average household income
1%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
13%
Single-person households
37%
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
655 Niagara Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 184 m), 2 education (nearest 406 m), 2 parks (nearest 265 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%
655 Niagara Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home offers roughly 1,040 square feet of living space, which is smaller than most homes on Niagara Street, in Central River Heights, and citywide in Winnipeg. The assessed value sits around $375,000—about average for the area, though it ranks higher against the wider city. Built in 1951, the home is older than many nearby properties, but it sits on a larger-than-average lot of 5,387 square feet, which is a standout feature. The appeal here is land, not square footage. Buyers who value outdoor space, gardening potential, or future expansion possibilities will see the real asset. It’s best suited for someone willing to take on an older home with modest interiors, in exchange for a generous lot in a established, central neighbourhood. First-time buyers looking for more room to grow, or renovators wanting to add value through an addition or redevelopment, should take a close look.
1. How does the living space compare to other homes nearby?
It’s on the smaller side. The average living area on Niagara Street is roughly 1,491 square feet, and in Central River Heights it’s about 1,346. At 1,040 square feet, this home falls in the bottom 13% on the street and bottom 20% in the area.
2. Is the assessed value a good indicator of the sale price?
Assessed value is one piece of the puzzle, but it’s not a guarantee. This property’s assessment is around average for the neighbourhood, which suggests the price may be reasonable—but the larger lot and older home could push the final number either way depending on buyer demand.
3. What’s the advantage of a larger lot in this area?
A bigger lot (5,387 sqft) gives you flexibility that many nearby homes don’t have. You could add a garage, build a garden suite, expand the house, or simply enjoy more privacy and outdoor living. It’s a rare feature in a mature neighbourhood where lots tend to be smaller and more uniform.
4. Should I be concerned about the age of the home?
Homes built in 1951 can have great bones, but they also come with maintenance realities—think old wiring, plumbing, insulation, and possibly a foundation that needs attention. It’s wise to budget for updates, but the age also means the home has character and solid construction that newer builds sometimes lack.
5. Who typically buys this type of property?
It tends to attract buyers who prioritize location and land over immediate move-in perfection. That includes young families wanting a backyard in a central area, investors looking to renovate and flip, or homeowners planning a long-term project. It’s less suited for someone wanting a turnkey home with no work ahead.
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