715 Setter Street

Heritage Park, Winnipeg

Property score

84.7

Excellent

Overall 84.7 · Larger and newer than most nearby homes

1,856 sqft (top 8%) · Built in 1986 (15 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 shop nearby

Living Area

Above average

41% larger than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 83%Chinese · 2%

Past 10 years Heritage Park sales snapshot (~80% of all data)

Sold Count

295

Median price

501.3k

$/sqft

$272/sqft

Avg build year

1971

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Property score

84.7 is composed by the two sections below.

Property Score

86.4Excellent
Living Area1,856 sqft89Excellent
Year Built198678Good
Lot Size7,366 sqft88Excellent
Neighbourhood Sales Activity85Excellent

Community Score

82.1Excellent
Household Income89Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110280

Community deep dive

$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

Population, labour & age

Population (2021)617
Labour force participation rate62%
Median age54.8
Avg household size2.8
Unemployment rate5%
Population density3427 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households12%
Couple families with children36%
Median household income (2020)$111K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority4%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Chinese · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,856 sqft
0255075100
Same streetTop 11%Same areaTop 8%CitywideTop 15%
Same street · Setter Street
#4 / 35
Top 11% · Avg 1,542 sqft
Same area · Heritage Park
#69 / 865
Top 8% · Avg 1,319 sqft
Citywide · Winnipeg
#29,323 / 194,458
Top 15% · Avg 1,342 sqft

Tax-Assessed Value

above average
491k
0255075100
Same streetTop 26%Same areaTop 8%CitywideTop 21%
Same street · Setter Street
#9 / 35
Top 26% · Avg 443.7k
Same area · Heritage Park
#71 / 865
Top 8% · Avg 370.6k
Citywide · Winnipeg
#41,318 / 194,458
Top 21% · Avg 390.1k

Year Built

Elite
1986
0255075100
Same streetTop 3%Same areaTop 11%CitywideTop 27%

Lot Size

Elite
7,366 sqft
0255075100
Same streetTop 3%Same areaTop 21%CitywideTop 14%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

715 Setter Street — 10 amenities found within 500 m, across 6 categories, including 5 dining (nearest 419 m), 1 education (nearest 359 m), 1 healthcare (nearest 312 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks1
Worship1

Crime & Safety

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%

Sales History

Sold 7/2017CA$400k–450k
Sold price

Same street

Bottom 47%

Same area

Top 23%

City-wide

Top 31%

Related homes

Highlights & common questions: 715 Setter Street, Winnipeg

Property Overview

This two-storey home at 715 Setter Street in Winnipeg's Heritage Park neighbourhood presents a compelling blend of space, a modernized foundation, and a generous lot. Its key appeal lies in its above-average scale relative to its immediate area, offering more interior room and a larger, more private yard than most comparable homes. A renovated basement adds functional living space. Built in 1986, it is a notably newer construction for the street, which may appeal to those mindful of potential maintenance and updates.

The home is well-suited for growing families or anyone seeking a spacious property within a mature neighbourhood without the footprint of an older character home. It also fits buyers who value outdoor space for gardening, play, or future projects, as the lot size is among the largest on the block. The attached garage and the home's strong rankings for living and land area in its local context underscore its practical, space-oriented advantages.


Frequently Asked Questions

How does the home's size compare to others nearby?
The 1,856 sqft living area is significantly above the average for both Setter Street and the wider Heritage Park area, placing it in the top 11% and 8% respectively. This means it offers more interior space than most direct neighbours.

What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope (e.g., finished rec room, updated bathroom, legal suite) is not detailed. This would be a key point to clarify with the selling agent.

Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $49,100 is for municipal tax purposes and is typically much lower than market value. The last recorded sale was in 2017. Current market conditions and the home's specific features will determine the final price.

What are the less obvious advantages of the lot size?
At over 7,300 sqft, the lot is in the top 3% on Setter Street. Beyond space, this can offer better privacy, sunlight exposure, and room for additions like a deck, shed, or garden. It may also provide more flexibility for future landscaping or parking.

How does the 1986 build year affect the home?
Being built in 1986 makes it newer than most homes on the street and in the city. This often means construction methods and materials (like wiring and plumbing) are more modern, which can reduce the need for major system updates compared to much older homes.

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