58.4
Fair
Property score
58.4
Fair
Overall 58.4
Smaller and older than most nearby homes
900 sqft (bottom 4%)
Built in 1949 (4 yrs older than avg)
Located in a high-income area
with median household income of ~109k
Transit 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 2 schools, 3 parks, 1 sports facility, and 2 bank/ATMs nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 68%Tagalog · 6%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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58.4 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: #46110426
$109K
Median household income
$112K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
22%
Single-person households
33%
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
685 Cambridge Street — 10 amenities found within 500 m, across 5 categories, including 2 education (nearest 372 m), 3 parks (nearest 319 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 | Bottom 24% | Bottom 6% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 685 Cambridge Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-and-a-half storey home built in 1949 on a standard city lot in Central River Heights. Its key features include a renovated basement and a detached garage. The data reveals a property that is modest in scale, with a living area of 900 sq ft that is notably below average for both the street and the neighborhood. However, it sits on a nearly 5,000 sq ft lot, which is closer to the local norm.
The primary appeal lies in its location within a sought-after neighborhood and the potential inherent in its proportions. The lot size is a solid canvas for gardening or expansion, while the renovated basement adds immediate functional space. The home’s below-average assessed value suggests it may be an accessible entry point into River Heights. It would suit a first-time buyer, an investor, or a downsizer looking for a lower-maintenance footprint in a prime area without the premium price of a larger house. It’s a property where value is derived more from location and land than from the size of the existing structure.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 900 sq ft of living area, it is significantly smaller than most homes on Cambridge Street and in Central River Heights overall. The layout and efficient use of space, including the renovated basement, will be important factors.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or finish. This would be a key point for your inspector or a follow-up question with the seller to understand the quality and permitted status of the work.
3. How does the assessed value relate to the likely sale price?
The assessed value for municipal taxes is $30,300k, but it sold for $28,500k in 2022. Both figures are well below area averages, indicating the property is valued modestly. The sale price will be determined by current market conditions, but history suggests it may trade below typical neighborhood prices.
4. Is the detached garage a standard size?
The listing notes a detached garage but does not provide dimensions. Given the home's smaller size, verifying the garage's condition and size for vehicle storage or workshop use would be advisable.
5. What are the implications of the lot size?
At 4,918 sq ft, the lot is a typical city size. It is not oversized, but it is proportionally larger relative to the house itself. This could allow for a generous backyard, garden space, or future additions, subject to local zoning bylaws.
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