Central River Heights, Winnipeg
Property score
65.5
Good
Overall 65.5 · Smaller than most nearby homes
1,050 sqft (bottom 22%) · Built in 1952 (1 yr older than avg)
Located in a high-income area with median household income of ~141k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Near average
1 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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65.5 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
688 Queenston Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 35 m), 1 education (nearest 259 m), 2 parks (nearest 390 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 42% | Top 38% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 688 Queenston Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1952 one-storey home in Central River Heights sits on a standard city lot (4,309 sqft) and offers 1,050 sqft of living space. Its key updated feature is a renovated basement, adding functional space, and it includes a detached garage. The home recently sold for $430,000.
The primary appeal lies in its location within the desirable Central River Heights neighbourhood, combined with a move-in ready foundation due to the basement renovation. The property represents a more accessible entry point into the area, as its living space and assessed value are below the neighbourhood averages. This creates an opportunity for buyers who prioritize location over sheer house size. The detached garage is a practical asset in this mature community.
This home would suit first-time buyers or downsizers seeking established community charm, walkable amenities, and a solid neighbourhood without requiring a full top-to-bottom renovation. It’s a pragmatic choice for those who value the neighbourhood character of River Heights and need a functional, updated space to build upon.
Section 2: Frequently Asked Questions
1. How does the sale price relate to the assessed value?
The sale price of $430,000 is significantly higher than the listed assessed value of $36,800. This is common, as municipal assessed values for tax purposes often lag behind current market values, which are determined by recent sales of comparable homes.
2. Is the living space sufficient for a small family?
At 1,050 sqft above grade, the living space is compact. However, the renovated basement effectively doubles the usable square footage, creating potential for additional bedrooms, a family room, or a home office, making it viable for a small or growing family.
3. What does the "below average" ranking for the neighbourhood mean?
The rankings show that for Central River Heights, this home’s living area and assessed value fall in the lower tiers compared to its immediate peers. This isn’t necessarily negative; it indicates the home is one of the more modestly sized and priced properties in a sought-after area, potentially offering better value per location.
4. What are the implications of a 1952 build date?
Built in 1952, the home is of average age for the street and neighbourhood. Buyers should expect the character and potential maintenance points of a mid-century home, balanced by the possibility of mature trees and established landscaping not found in newer subdivisions.
5. How does the detached garage affect property use?
A detached garage provides secure parking and storage but requires going outdoors to access the house. This can be less convenient in winter but offers flexibility for use as a workshop or project space without concerns about noise or fumes entering the main living area.
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