62.8
Fair
Property score
62.8
Fair
Overall 62.8
Smaller but newer than most nearby homes
957 sqft (bottom 9%)
Built in 1953
Located in a high-income area
with median household income of ~124k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer than neighborhood avg.
Mother tongue
English · 85%Chinese · 1%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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62.8 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: #46111051
$124K
Median household income
$151K
Average household income
1%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
27%
Single-person households
32%
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
698 Brock Street — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 124 m), 1 education (nearest 216 m), 2 parks (nearest 354 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 7% | Bottom 17% | Bottom 47% |
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 mature, tree-lined street in Central River Heights presents a specific and compelling opportunity. Built in 1953, its key appeal lies in its generous 4,848 sqft lot, which is notably larger than many in the immediate area. The home itself is modest in size at 957 sqft, featuring a renovated basement and a detached garage. Its most defining characteristic is its assessed value, which is significantly below average for the street and neighbourhood, suggesting a property valued more for its land than its current structure.
This home would suit a specific type of buyer: those looking for a prime location with clear redevelopment potential, or investors and handy purchasers willing to live in a smaller footprint while benefiting from a large yard. It’s less suited for buyers seeking a move-in-ready, spacious family home without renovation plans. The appeal is grounded in location and possibility—offering a chance to own a substantial lot in a desirable area, with the future value tied to what could be built or significantly improved upon.
Frequently Asked Questions
Q: The living space seems small. Is the layout functional for modern living?
A: At 957 sqft, the home is compact. The renovated basement adds usable space, but the main floor living area is below average for the neighbourhood. Viewing the property in person is essential to assess the flow and suitability for your needs.
Q: Why is the assessed value so much lower than neighbouring homes?
A: The assessed value is primarily based on the current structure and its characteristics. Given the home's smaller size and older build, the valuation is low relative to the street, which often highlights a significant portion of the property's value residing in the land itself.
Q: What is the real potential here for redevelopment or expansion?
A: The large lot is the key asset. It provides ample space for a significant addition, a garden suite (subject to zoning), or even future lot subdivision or full rebuild, which are common in sought-after neighbourhoods like River Heights.
Q: The home was last sold in 2019. What should I consider about this?
A: The 2019 sale price provides a historical benchmark, but market conditions have likely changed. It’s important to have a current market evaluation performed to understand today's value, especially given the unique land-to-structure ratio of this property.
Q: How does the detached garage and large lot affect maintenance?
A: The large lot means more yard maintenance. The detached garage offers excellent storage or workshop space but is a separate structure to maintain. For some, the yard space is a premium benefit; for others, it represents a commitment of time or expense for upkeep.
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