675 Elm Street

Central River Heights, Winnipeg

73.4

Good

Overall 73.4

Newer than most nearby homes

1,344 sqft (top 40%)

Built in 1953

Located in a high-income area

with median household income of ~143k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 1 dining spot, 1 school, 1 park, and 1 bank/ATM nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 84%French · 3%

Past 10 years Central River Heights sales snapshot (~80% of all data)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

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Property score

73.4 is composed by the two sections below.

Property Score

60.2Fair
Living Area1,344 sqft71Good
Year Built195336Low
Lot Size4,822 sqft60Fair
Neighbourhood Sales Activity28Low

Community Score

93.3Excellent
Household Income93Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111043

Community deep dive

$143K

Median household income

$196K

Average household income

3%

Low income (LIM-AT)

0.3

Income inequality (Gini)

2.9

P90 / P10 ratio

11%

Single-person households

40%

Families with children

Population, labour & age

Population (2021)376
Labour force participation rate63%
Median age46.8
Avg household size2.7
Unemployment rate4%
Population density2350 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households11%
Couple families with children40%
Median household income (2020)$143K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)71%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,344 sqft
0255075100
Same streetBottom 20%Same areaTop 40%CitywideTop 39%
Same street · Elm Street
#206 / 258
Bottom 20% · Avg 1,723 sqft
Same area · Central River Heights
#499 / 1,244
Top 40% · Avg 1,346 sqft
Citywide · Winnipeg
#75,482 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
506k
0255075100
Same streetTop 43%Same areaTop 19%CitywideTop 19%
Same street · Elm Street
#110 / 258
Top 43% · Avg 520.8k
Same area · Central River Heights
#238 / 1,244
Top 19% · Avg 443.3k
Citywide · Winnipeg
#36,572 / 194,458
Top 19% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 22%Same areaTop 27%CitywideBottom 31%

Lot Size

around average
4,822 sqft
0255075100
Same streetBottom 43%Same areaBottom 20%CitywideBottom 40%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

675 Elm Street — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 498 m), 1 education (nearest 221 m), 1 parks (nearest 87 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks1
🏦Finance1
Worship1

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 675 Elm Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 7/2017CA$400k–450k
Sold price

Same street

Bottom 30%

Same area

Top 38%

City-wide

Top 27%

Related homes

Highlights & common questions: 675 Elm Street, Winnipeg

Property Overview

This two-storey home at 675 Elm Street in Winnipeg's Central River Heights presents a practical opportunity in a well-regarded neighbourhood. Built in 1953, it sits on a roughly 4,800 sqft lot, which is a comfortable, average size for the street and area. The home's 1,344 sqft of living space is compact but efficiently laid out, and it includes a key modern update: a renovated basement. A detached garage provides additional storage or parking.

Its primary appeal lies in its balance of location, a move-in-ready basement, and a manageable scale. It suits first-time buyers seeking an entry point into a central neighbourhood, downsizers looking for less maintenance without sacrificing community amenities, or practical investors attracted by the below-average purchase price relative to its assessed value. A thoughtful perspective is that while the house itself is modest in size, its above-average assessed value for the neighbourhood suggests the lot and location hold significant worth, potentially offering future value in the land itself.

Frequently Asked Questions

1. Is the house smaller than others on the street?
Yes. With 1,344 sqft of living area, it ranks below the street average. This translates to a more manageable and efficient layout, which can mean lower utility costs and less upkeep.

2. How does the 2017 sale price compare to the current assessed value?
The home sold for $42,800 in 2017 and now has an assessed value of $50,600. This indicates a growth in value, and the current asking price may present an opportunity below the city-wide average for similarly assessed homes.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the selling agent to understand if it's a finished living space, a modernized utility area, or something in between.

4. Is a 1953-built home a concern?
While older, the home's build year is actually newer than many on its street and in Central River Heights. This can be an advantage, but a thorough inspection is always recommended to understand the condition of major systems like plumbing, electrical, and the roof.

5. Who might this property not suit?
It may not suit buyers looking for a large, turn-key family home with ample above-ground square footage or modern open-concept layouts. The smaller living area and traditional two-storey design cater to those with simpler space needs.

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