Central River Heights, Winnipeg
Property score
81.7
Excellent
Overall 81.7 · Larger and newer than most nearby homes
2,138 sqft (top 4%) · Built in 1953
Located in a high-income area with median household income of ~143k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 bank/ATM nearby
Living Area
Above average
59% larger than neighborhood avg.
Year Built
Above average
0 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
81.7 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: #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
733 Oak Street — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 313 m), 1 education (nearest 174 m), 1 parks (nearest 320 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 | Top 38% | Top 17% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 733 Oak Street, Central River Heights
Key Characteristics & Appeal
This well-situated two-storey home in Central River Heights offers a compelling blend of space, updates, and established neighbourhood charm. Built in 1953, it stands out for its generous living area of 2,138 sq ft, which ranks within the top 4% of homes in the neighbourhood, providing above-average interior space for the area. The property sits on a near 5,000 sq ft lot and features a renovated basement and a detached garage.
Its primary appeal lies in its strong positional value. While the home itself is newer than many on its street and in Central River Heights, its assessed and recent sale value are above average for the wider city, suggesting a solid investment in a desirable location. The appeal is for practical buyers: those who value move-in readiness with a modernized basement, need the space of a larger-than-average home for the area, and appreciate the character and convenience of River Heights without requiring a massive lot. It suits a family or professional couple looking for a home where the major interior space has already been addressed, allowing them to settle into a mature community.
A less obvious perspective is that this property represents a "best of both worlds" scenario within its context—it offers more modern living space than many neighbourhood comparables while still being situated on a traditional street. The data suggests you are paying a premium for the finished living area and location rather than for an exceptionally large parcel of land.
Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
At 4,926 sq ft, the lot is slightly below the average for Central River Heights but is very close to the average for Oak Street specifically. It provides a typical yard space for this established street.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point for your viewing and for discussions with the seller to understand the finish quality, ceiling height, and any permits.
3. Is the sale price aligned with the assessed value?
The home sold for $500,000 in December 2024, which is reasonably close to its $530,000 assessed value. This indicates the sale was in line with municipal valuation, a sign of a stable market transaction.
4. How does the home's age affect maintenance?
Built in 1953, the home is newer than many in Central River Heights. While this can be an advantage, prospective buyers should still prioritize inspections for era-appropriate systems like plumbing, electrical, and the roof, which may be due for updates despite the home's relative age.
5. What is the parking situation?
The property includes a detached garage. Consider its condition, size, and access, as well as on-street parking availability, to ensure it meets your needs for vehicles, storage, or workshop space.
