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D−Cost of living Grade
Property prices in Central Park · Census 2021 and Statistics Canada

99% of Central Park’s homes are apartments, against 16% for Manitoba’s towns

Owners valued the median home at $240,000 at the 2021 census, and the average at $263,529. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. In 2023, 14,740 homes changed hands at a median price of $374,000, by Statistics Canada’s count. Central Park doesn’t get its own sale prices, assessed values, values by property type and building permits figures; the ones here come from the city of Winnipeg.

Median home value
$240K
owners’ estimate, census 2021
average $264K
Median sale price
$374K
CHSP, 2023
Median assessed value
$317K
all residential, 2024
New homes a year
4,903
permits, 2018–2023
16.9 per 1,000 homes
What homes are worth

Three ways to price a home in Central Park

Every figure here is compared within the province, against Manitoba’s towns, since each province assesses on its own terms.

Census 2021$240K

median, owners’ estimate

Average
$264K
Owners
85
Manitoba’s towns
$300K
The typical Canadian town
$406K
Sales, 2023$374K

median sale, wider area

Average sale
$400K
÷ buyers’ income
3×
Buyers
14,740
Manitoba’s towns
$248K
Assessed, 2024$317K

all residential

Manitoba’s towns
$201K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

A detached house in Winnipeg is assessed 51% higher than across Manitoba’s towns

Assessors listed 222,340 residential properties in Winnipeg for 2024, 79% of them detached houses and 12% condos.

Assessed value

Median assessment by type, 2024 the tick is the median of Manitoba’s towns

Detached houses$335K
Semi-detached$249K
Row houses$230K
Condos$209K
Multi-unit properties$363K
The mix of properties
Detached houses79%
Condos12%
Semi-detached4%
Multi-unit properties4%
Row houses1%
2,170 sq ft
living area of the median detached house (Manitoba’s towns: 1,670 sq ft)
990 sq ft
living area of the median condo
82%
of properties lived in by their owner

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.

The homes

34% of Central Park’s households are in core housing need, against 7% for Manitoba’s towns

At the 2021 census, Central Park had 2,425 homes with someone living in them. The older half dates from before 1981. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

Homes by period of construction the tick is the median of Manitoba’s towns

Before 196129%
1961–198038%
1981–200026%
2001–20154%
2016–20213%
What kind of home

Homes by kind

Single-detached houses1%
Semi-detached housesunder 1%
Row housesunder 1%
Apartments, under 5 storeys13%
Apartments, 5+ storeys86%
Against the median town of the province and of Canada
Central ParkManitobaCanada
Condominiums7%5%8%
Needing major repairs9%6%6%
Too small for the household19%5%3%
Households in core housing need34%7%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

16.9 new homes a year per 1,000 in Winnipeg: in step with Manitoba’s towns (13.7)

Some 4,903 homes a year: 29,417 in all were permitted in Winnipeg from 2018 to 2023. The mix: 23% in single-unit buildings, beside 67% for Manitoba’s towns.

Permits by year, 2018–2023

A peak in 2021: 6,147 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Winnipeg16.9
Manitoba’s towns13.7
The typical Canadian town13.8
$1,069M
of new residential construction a year, 2019–2023
The metro area

7,667 new homes in the 12 months to August 2026, up 34% on the year before

02,0004,0006,0008,00020212022202320242025

Measured across the Winnipeg metro area: monthly permits

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.

Across Manitoba

Central Park against Manitoba’s towns: 20% under the $300,000 median

The census values of Manitoba’s towns, 188 of them with 2,500+ people, from dearest to cheapest.

Cheaper next to Central Park: Spence, West Alexander and Centennial

Next to Central Park: 2021 census values and the share of owners.

SpenceWest AlexanderSouth PortageCentennialSt. MatthewsBroadway-AssiniboineSpenceWest AlexanderSouth PortageCentennialSt. MatthewsBroadway-AssiniboineCentral Park
Prices next door
TownMedian home valueAverageOwnerskm
Central Park$240K$264K4%
Spence$214K$231K16%0.4
West Alexander$200K$196K35%0.6
South Portage–$280K2%0.8
Centennial$180K$206K18%0.9
St. Matthews$224K$222K52%1.2
Broadway-Assiniboine$170K$215K7%1.2

Census 2021 values; km.

Questions about property prices in Central Park

Is Central Park expensive for Manitoba?

No: Central Park’s census median is below the $300,000 of Manitoba’s towns.

Can I see individual sales or prices by street?

Not here: individual sales sit with provincial registries and aren’t open, so the published figures are town medians and averages.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).