69.7
Good
Property score
69.7
Good
Overall 69.7
Newer than most nearby homes
1,157 sqft (bottom 37%)
Built in 1953
Located in a high-income area
with median household income of ~141k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 schools, 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
14% smaller than neighborhood avg.
Year Built
Above average
0 yrs newer 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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69.7 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
711 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 148 m), 2 education (nearest 371 m), 2 parks (nearest 393 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 35% | Top 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 15% | Bottom 30% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1953 one-storey home on a mature, average-sized lot in Central River Heights presents a specific and appealing opportunity. Its key appeal lies in its renovated basement and detached garage, offering immediate functional space. The living area is modest at 1,157 sqft, which is smaller than many on its street but aligns with the neighbourhood average. The assessed value sits above average for both the area and the city, suggesting a solid valuation in a desirable location.
It’s a property that suits practical buyers looking for a move-in-ready foundation in a prime neighbourhood, particularly those who value usable outbuildings and finished lower-level space over a large main-floor footprint. A thoughtful perspective is that the home’s above-average year-built rank for the street indicates it is relatively newer among its immediate peers, which can be a subtle advantage. The significant difference between the 2023 sale price and the current assessed value is a notable point for buyers to investigate, as it may reflect a major renovation, a market correction, or a unique circumstance affecting that prior sale.
Frequently Asked Questions
1. How does the home’s size compare to the area?
The living space is compact at 1,157 sqft, which is below average for Waterloo Street itself but aligns closely with the broader Central River Heights neighbourhood average. This indicates a more efficient or cozier layout compared to some immediate neighbours.
2. What does the assessed value tell us?
The $480k assessment is above average for both Central River Heights and Winnipeg overall, signalling that the property is valued highly within its market context. This often reflects the desirable location, the renovated basement, and the lot characteristics.
3. Is the lot size typical?
Yes. The 5,393 sqft lot is very close to the average for the street, neighbourhood, and city. It offers standard outdoor space for the area without being unusually large or small.
4. Why was there such a large price difference between the 2023 and 2019 sales?
The 2023 sale price of $43.50k is atypical and does not represent a standard market transaction. It likely indicates a non-arms-length sale, such as a transfer between family members. The 2019 sale at $360k is a more relevant market benchmark.
5. What is a less obvious point to consider about this home?
For its street, the 1953 build year is actually above average (newer than about 74% of comparable homes). This can be a quiet advantage, potentially meaning updates to core systems may have occurred later than in many neighbouring houses.
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