78.8
Good
Property score
78.8
Good
Overall 78.8
Larger and newer than most nearby homes
1,734 sqft (top 14%)
Built in 1954 (1 yr newer than avg)
Located in a high-income area
with median household income of ~143k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
29% larger than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 84%French · 3%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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78.8 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: #46111043
$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
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
712 Oak Street — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 383 m), 1 education (nearest 120 m), 1 parks (nearest 233 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%
Local garbage, recycling, and yard waste pickup schedule for 712 Oak Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 48% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 712 Oak Street in Winnipeg's Central River Heights presents a compelling blend of established neighbourhood character and practical updates. Built in 1954, it is notably newer than most homes on its street and in the immediate area. Its key features include a renovated basement and a detached garage. With 1,734 sqft of living space, it offers more room than the typical neighbourhood or city home, providing comfortable scale for a family. The lot, while smaller than others on Oak Street, is still a generous city property. Its last sale was in 2016 for $400,000.
The appeal lies in its position as a well-sized, updated home in a mature and desirable neighbourhood. It suits buyers looking for a move-in ready property in Central River Heights without the premium often attached to century-old character homes. It’s particularly suited for a growing family or professional couple who value space, a established community, and the convenience of a renovated basement for extra living or recreational space. A thoughtful perspective is that while the lot is smaller than its immediate neighbours, this can translate to less yard maintenance while still providing outdoor space—a practical trade-off in a prime location.
Frequently Asked Questions
Q: How does the lot size compare to the area?
A: The 4,790 sqft lot is below average for Oak Street specifically, but it is still larger than many city lots and is nearly average when compared across all of Winnipeg.
Q: Is the home older or newer compared to others nearby?
A: Built in 1954, this home is actually newer than most on its street and in Central River Heights, where many homes are from the early 1900s. This can suggest potentially newer core components.
Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and functionality of the space.
Q: How does the last sale price relate to current value?
A: The home sold for $400,000 in 2016. This provides a historical benchmark, but current market conditions, further updates, and comparable recent sales in the area will determine its present value.
Q: The assessed value seems low. Why is that?
A: The $49,100 figure is the property tax assessment, not the market value. Tax assessments are typically lower and are used for municipal taxation purposes only. The home's market value is determined by recent sales of similar properties.
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