69.7
Good
Property score
69.7
Good
Overall 69.7
Newer than most nearby homes
1,166 sqft (bottom 38%)
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
13% 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
715 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 139 m), 2 education (nearest 370 m), 2 parks (nearest 403 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 30% | Top 49% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 715 Waterloo Street, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 1953 on a standard city lot in the established Central River Heights neighbourhood. Its primary appeal lies in its location and its renovated basement, offering functional space in a desirable area. The living area is compact at 1,166 sqft, which is smaller than many neighbouring homes, suggesting a cozy, low-maintenance footprint. The detached garage and a land size that is typical for the area provide practical outdoor space.
The property would suit first-time buyers or downsizers seeking an entry point into a popular neighbourhood without a premium price tag. Its below-average assessed and recent sale value, relative to the street, indicates it may be a value-conscious option. A thoughtful perspective is that this home represents the "bones" of Central River Heights—it offers the community benefits and location appeal, presenting an opportunity for someone willing to live with a smaller main-floor footprint or to invest in future main-floor updates, while already having a finished lower level.
Frequently Asked Questions
1. Is the house small compared to others on the street?
Yes. The living area is below average for Waterloo Street, ranking in the bottom 23% for size among comparable homes on the street. It is a more compact home.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A buyer should inquire about the scope, permits, and the nature of the finished space (e.g., recreational room, suite, bedrooms).
3. How does the property's value compare to the area?
Its assessed value is around average for the wider Central River Heights neighbourhood but below average for its specific street. This suggests you are paying more for the location than for the size or condition of the structure itself.
4. Is the land size a pro or con?
The lot is a standard city size, typical for the area. It is not exceptionally large or small, offering a manageable yard for gardening or recreation without excessive upkeep.
5. The home was built in 1953. What should I consider?
While the basement has been renovated, the main floor and core systems (like plumbing, electrical, roof) are likely original or of varying ages. A thorough inspection is crucial to understand the condition and potential upcoming investments.
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