728 Setter Street

Heritage Park, Winnipeg

Property score

65.7

Good

Overall 65.7 · Smaller than most nearby homes

1,040 sqft (bottom 15%) · Built in 1965 (6 yrs older than avg)

Located in a high-income area with median household income of ~111k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

6 yrs older 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

65.7 is composed by the two sections below.

Property Score

54.7Fair
Living Area1,040 sqft52Fair
Year Built196546Low
Lot Size5,197 sqft67Good
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

around average
1,040 sqft
0255075100
Same streetBottom 6%Same areaBottom 15%CitywideBottom 32%
Same street · Setter Street
#33 / 35
Bottom 6% · Avg 1,542 sqft
Same area · Heritage Park
#738 / 865
Bottom 15% · Avg 1,319 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
355k
0255075100
Same streetBottom 6%Same areaTop 49%CitywideBottom 48%
Same street · Setter Street
#33 / 35
Bottom 6% · Avg 443.7k
Same area · Heritage Park
#420 / 865
Top 49% · Avg 370.6k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetBottom 11%Same areaBottom 33%CitywideBottom 47%

Lot Size

around average
5,197 sqft
0255075100
Same streetBottom 6%Same areaBottom 17%CitywideTop 50%

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

728 Setter Street — 8 amenities found within 500 m, across 6 categories, including 3 dining (nearest 467 m), 1 education (nearest 423 m), 1 healthcare (nearest 390 m).

Search radius
🍽️Dining3
🏫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 11/2016CA$250k–300k
Sold price

Same street

Bottom 1%

Same area

Bottom 15%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 728 Setter Street, Winnipeg

Property Overview

This one-storey home at 728 Setter Street in Winnipeg's Heritage Park neighbourhood presents a specific and practical value proposition. Built in 1965, it features 1,040 sqft of living space, a renovated basement, an attached garage, and sits on a 5,197 sqft lot. The home's assessed value is notably below the average for its immediate street but aligns closely with averages for the broader Heritage Park area and the city overall.

Its appeal lies in its affordability and manageability. It’s a home that prioritizes function and lot potential over size or modern luxury. The renovated basement adds usable space, and the attached garage is a practical asset. This property would suit first-time buyers seeking an entry point into homeownership, downsizers looking for a single-level layout without a sprawling footprint, or investors interested in a property with a stable assessment in a well-established neighbourhood. A thoughtful perspective is that while it ranks below average on its own street for metrics like size and value, this can represent an opportunity to own in a location where other homes are typically more substantial, potentially benefiting from the surrounding property standards.

Frequently Asked Questions

1. How does this home’s size compare to others in the area?
At 1,040 sqft, the living area is below the average for both Setter Street and the Heritage Park neighbourhood. This makes it one of the more compact options in the immediate area, which is reflected in its pricing.

2. What does the assessed value tell me about this property?
The assessed value of $35,500 is below average for Setter Street but is very close to the neighbourhood average. This suggests the property is priced in line with the wider Heritage Park market, but may be positioned at a lower price point on its specific block.

3. The home was built in 1965. What should I consider?
While the basement has been renovated, the core structure is nearly 60 years old. Prospective buyers should budget for potential updates to major aging components like the roof, windows, or plumbing, which are typical for a home of this vintage.

4. Is the lot size a positive or a negative?
The lot is under 5,200 sqft, which is smaller than many in Heritage Park. This means lower maintenance, which is a plus for many. However, it also offers less space for large additions or sprawling outdoor amenities compared to some neighbours.

5. Where can I find the exact historical sold price?
The listing service provides sold price ranges based on public data. To obtain the exact sale price from its last transaction in November 2016, you must request it directly via the email link provided on the listing page. They provide this detail manually and do not use the request for marketing spam.

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