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 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 3 schools, 3 parks, and 1 sports facility 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
715 Cambridge Street — 11 amenities found within 500 m, across 6 categories, including 1 dining (nearest 489 m), 3 education (nearest 191 m), 3 parks (nearest 267 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 46% | Bottom 20% | Bottom 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 1% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 715 Cambridge Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1949, sits on a 4,799 sqft lot in Central River Heights. Its key feature is a renovated basement, adding valuable finished space to the home's 900 sqft main living area. The property lacks a garage or pool.
The primary appeal lies in its location and lot size. For the neighbourhood, the lot is relatively spacious, offering more outdoor potential than many nearby properties. The home presents as a solid, no-frills opportunity. It would suit a first-time buyer, an investor, or a downsizer looking for a lower-maintenance footprint in a desirable, established area. The renovated basement adds immediate utility, making it a move-in-ready canvas for someone comfortable with a compact main floor. A thoughtful perspective is that, while the living area is modest, the below-average assessed value for the neighbourhood suggests a potentially accessible entry point into River Heights, a trade-off of interior space for location and lot that some buyers actively seek.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.
2. How does the sale history inform the current price?
The home sold for $24.6k in 2016 and $33.5k in early 2024. The recent sale at the current assessed value suggests a stable, market-based price in a short timeframe.
3. What are the implications of not having a garage?
Parking will be limited to on-street or a potential driveway. This is a common feature in the area but is a practical consideration for vehicle storage and winter conditions.
4. How does the property compare to others on the street?
The home is newer than most on its block (built 1949 vs. street avg. ~1946) but has less living space (900 sqft vs. street avg. ~1,332 sqft). Its lot size is also slightly below the street average.
5. What does the assessed value ranking mean?
The assessed value is around average citywide but below average for Central River Heights. This typically indicates you are paying less for the location than for many neighbourhood properties, which can be an advantage for value-conscious buyers.
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