66.2
Good
Property score
66.2
Good
Overall 66.2
Smaller but newer than most nearby homes
1,075 sqft (bottom 25%)
Built in 1956 (3 yrs newer than avg)
Located in a high-income area
with median household income of ~111k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 3 dining spots, 2 schools, 1 shop, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 84%Chinese · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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66.2 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: #46111050
$111K
Median household income
$120K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
24%
Single-person households
27%
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
656 Lindsay Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 469 m), 2 education (nearest 372 m), 1 shopping (nearest 477 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 656 Lindsay Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Bottom 41% | Top 38% |
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 on Lindsay Street in Central River Heights is a practical property with a renovated basement and a detached garage. Built in 1956, it sits on a 4,800 sqft lot. With 1,075 sqft of living space and an assessed value of $38,500, it presents as a more modestly scaled option within its desirable neighbourhood.
Key Characteristics & Appeal
The primary appeal of this home lies in its location within the well-established Central River Heights area, combined with its efficient footprint. The renovated basement adds valuable finished space, while the detached garage offers flexibility. The lot size, while below average for the immediate street and neighbourhood, is still generous and represents a city-wide average, providing good outdoor potential.
This property would suit a first-time buyer or a downsizer seeking entry into a prime neighbourhood without the premium price tag of a larger home. It’s also a sensible choice for an investor or handy buyer looking for a solid foundation in a stable area, where value is driven more by location than by the size or newness of the structure itself. A thoughtful perspective is that its "below average" metrics for the area on points like lot and living space are precisely what make it an accessible opportunity in an otherwise high-demand community.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No, the assessed value (listed as $38.50k) is for municipal tax purposes. The recent sale price of $38.10k in May 2023 is a closer indicator of market value at that time, but current market conditions would determine today's price.
2. How does the lot size compare practically?
At 4,800 sqft, the lot is smaller than many in Central River Heights but is still a good size for a garden, patio, or play area. It’s roughly average when compared to the entire city.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or rooms. This is a key detail to clarify with the seller or agent regarding the quality, layout, and whether it includes legal egress.
4. Given the age, what should I be aware of?
The home was built in 1956. While this is actually newer than many on its street, a pre-purchase inspection is essential to evaluate the condition of major systems like plumbing, electrical, and the foundation, which would be typical for a home of this era.
5. Why is there such a large gap between this home's assessed value and the city-wide average?
The city-wide average assessed value (shown as ~$390k) includes all property types across Winnipeg. The more relevant comparisons are the local averages for similar homes on Lindsay Street ($42.40k) and in Central River Heights ($44.30k), to which this property is much closer.
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