Property score
85.6
Excellent
Overall 85.6 · Larger and newer than most nearby homes
2,141 sqft (top 3%) · Built in 1985 (14 yrs newer than avg)
Located in a high-income area with median household income of ~111k
Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 5 dining spots, 1 school, 1 healthcare facility, and 1 park nearby
Living Area
Above average
62% larger than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 83%Chinese · 2%
Past 10 years Heritage Park sales snapshot (~80% of all data)
295
501.3k
$272/sqft
1971
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85.6 is composed by the two sections below.
Property Score
Community Score
Heritage Park
How to read: Share of sales in each ~$50k price band for “heritage park” (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: #46110280
$111K
Median household income
$124K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
12%
Single-person households
36%
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
711 Setter Street — 9 amenities found within 500 m, across 5 categories, including 5 dining (nearest 408 m), 1 education (nearest 373 m), 1 healthcare (nearest 319 m).
Heritage Park · WPS public data · 2026
Annual incidents
21
2026
vs. city avg
-29%
relative to avg
Year-over-year
▼ -88%
vs. prior year
Primary type
Property
43%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 3% | Top 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Top 35% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 711 Setter Street, Heritage Park, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This two-storey home, built in 1985, stands out for its generous proportions and strong market position within its established Heritage Park neighbourhood. Its primary appeal lies in its above-average living space of 2,141 sq ft, which ranks within the top 6% of homes on its street and the top 3% within Heritage Park itself. This suggests a home that offers more room than most in the area, a significant advantage for growing families or those wanting ample space. The property sits on a good-sized 6,560 sq ft lot, providing a solid outdoor canvas.
The home’s assessed value of $55,300 is notably strong, ranking in the top 2% for the neighbourhood, indicating official recognition of its relative worth. A renovated basement adds modern, functional living space. The sales history shows a clear and substantial appreciation in value over recent years.
This property would best suit practical buyers looking for a spacious, well-positioned home in a mature neighbourhood without the upkeep of an older character home. It’s ideal for those who value room to grow, both indoors and out, and appreciate a home that holds a strong, above-average standing in its local market.
Frequently Asked Questions
1. How does the home’s size compare to others in Winnipeg?
With 2,141 sq ft of living area, this home is larger than approximately 92% of all homes in Winnipeg, making it a notably spacious property city-wide.
2. What does the assessed value ranking tell me?
An assessed value in the top 2% for Heritage Park is a strong indicator that the municipality views this property as one of the more valuable homes in the neighbourhood, often reflecting factors like lot size, living area, and condition.
3. Has the property increased in value?
Based on available sales data, the property sold for between $36.5k-$39.5k in 2016 and between $54.5k-$57.5k in 2021, indicating significant appreciation over that five-year period.
4. Is the lot size typical for the area?
Yes. The lot is just above the average size for both Setter Street and the Heritage Park neighbourhood, offering a balanced outdoor space that is in line with community norms.
5. The home was built in 1985. What should I consider?
Being 41 years old, this home is newer than most in Winnipeg but is now entering a phase where major components (like the roof, windows, or HVAC system) may be due for inspection or planned replacement, which is a key consideration for maintenance budgeting.
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