52.4
Fair
Property score
52.4
Fair
Overall 52.4
Smaller and older than most nearby homes
735 sqft (bottom 1%)
Built in 1949 (4 yrs older than avg)
Located in a high-income area
with median household income of ~95k
Transit 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 2 schools, 2 parks, 2 bank/ATMs, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 80%Tagalog · 2%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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52.4 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: #46110425
$95K
Median household income
$112K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
32%
Single-person households
21%
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
659 Cambridge Street — 8 amenities found within 500 m, across 4 categories, including 2 education (nearest 481 m), 2 parks (nearest 289 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 32% | Bottom 46% | Top 34% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 5% | Bottom 33% |
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 a generous lot in Central River Heights presents a specific and compelling opportunity. Built in 1949, its key characteristic is the significant discrepancy between its modest 735 sqft living area and its larger-than-average 5,398 sqft lot. The home features a renovated basement and a detached garage. Its recent sale price is positioned around the average for the immediate street.
The primary appeal lies in its land value and potential. The lot size is well above average for the neighbourhood, offering rare space for expansion, gardening, or future redevelopment in a central, established area. The renovated basement adds functional living space beyond the main floor's footprint. This property would best suit a value-driven buyer looking for a starter home with clear expansion potential, an investor interested in the long-term land value, or someone willing to live in a compact footprint to secure a prime lot location. It’s less suited for those seeking immediate move-in condition with ample above-ground square footage.
Frequently Asked Questions
1. Is the living area too small for a family?
The 735 sqft main floor is compact. However, the renovated basement provides additional finished space, making it more viable for a small family or couple. The lot size also allows for a future addition, subject to permits and approvals.
2. Why is the assessed value relatively low compared to the sale price?
Municipal assessments for tax purposes often lag behind market values and may not fully capture recent renovations or the premium for a larger lot in a desirable neighbourhood. The sale price reflects current market conditions.
3. What does the lot size actually allow for?
A lot of over 5,000 sqft in Central River Heights is a significant asset. It provides ample backyard space, room for a detached garage or workshop, and potential for a lateral or rear addition—options that are scarce on standard city lots.
4. Are older homes like this expensive to maintain?
While the basement has been renovated, the main structure is from 1949. Buyers should budget for updates to major aging components like the roof, windows, and plumbing, and are advised to get a thorough inspection.
5. How does the recent sale price compare historically?
The home sold for $39.8k in August 2024, a notable increase from its $28.3k sale in 2017. This suggests rising property values in the area and specific investment in the home, such as the basement renovation.
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