Central River Heights, Winnipeg
Property score
81.8
Excellent
Overall 81.8 · Larger and newer than most nearby homes
1,867 sqft (top 10%) · Built in 1954 (1 yr newer than avg)
Located in a high-income area with median household income of ~143k
Transit 80.0 · 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
39% 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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81.8 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
748 Ash Street — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 275 m), 1 education (nearest 214 m), 1 parks (nearest 329 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 39% | Top 46% | Top 31% |
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 on a generous 6,024 sqft lot in Central River Heights presents a compelling opportunity. Built in 1954, it offers 1,867 sqft of living space, which is notably above average for both the immediate street and the wider, sought-after neighbourhood. A key feature is its renovated basement, adding valuable finished space, and the property includes a detached garage. Its appeal lies in the combination of a larger-than-typical lot and living area for the area, providing room to grow or garden, coupled with the established charm and convenience of River Heights. The home suits buyers looking for a character property with proven space, both indoors and out, who value a quiet street setting while being close to neighbourhood amenities, schools, and parks. A thoughtful perspective: the 2017 sale price presents a potentially interesting value story compared to its current assessed value, suggesting significant equity growth or investment in the property since then.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand if it includes additional bedrooms, a living area, or a dedicated utility space.
2. How does the assessed value relate to the expected market price?
The assessed value for taxation purposes ($56.50k) is typically much lower than market value. The more relevant figure is the 2017 sale price of $412k, which serves as a historical benchmark. Current market price would be determined by recent comparable sales, condition, and market trends.
3. Is the detached garage heated or insulated?
This detail is not provided. The presence of a detached garage is noted, but its specific features and condition would need verification, as this impacts its utility year-round.
4. How does the lot size compare practically?
At over 6,000 sqft, the lot is in the top 23% on Ash Street. This means more private outdoor space than many neighbouring properties, offering potential for gardening, play, or expansion, subject to local zoning.
5. The home was built in 1954. What should I consider?
While the year built is above average for the street, a home of this age likely has original building materials and systems. The renovated basement is a positive update, but a thorough inspection of the roof, wiring, plumbing, and foundation is essential to understand any needed maintenance or updates.
