262 Austin Street N

North Point Douglas, Winnipeg

Property score

56.1

Fair

Overall 56.1 · Larger and newer than most nearby homes

1,642 sqft (top 20%) · Built in 1934 (12 yrs newer than avg)

Located in a average-income area with median household income of ~47.6k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 3 healthcare facilitys, and 4 parks nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 79%French · 2%

Past 10 years North Point Douglas sales snapshot (~80% of all data)

Sold Count

184

Median price

255k

$/sqft

$138/sqft

Avg build year

1922

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Property score

56.1 is composed by the two sections below.

Property Score

65.5Good
Living Area83
1,642 sqftExcellent
Year Built22
1934Low
Lot Size67
5,158 sqftGood
Neighbourhood Sales Activity24
Low

Community Score

42.0Low
Household Income53
Fair
Education Level34
Low
Housing Stress20
Low
Core Housing Need15
Low
Employment Health52
Fair

Neighbourhood Sales

North Point Douglas

How to read: Share of sales in each ~$50k price band for “north point douglas” (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: #46110672

Community deep dive

$48K

Median household income

$54K

Average household income

41%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

35%

Single-person households

8%

Families with children

Population, labour & age

Population (2021)552
Labour force participation rate60%
Median age32.8
Avg household size2.3
Unemployment rate12%
Population density3066 / km²

Households & income

Low income (LIM-AT, % pop.)41%
Single-person households35%
Couple families with children8%
Median household income (2020)$48K

Housing

Renter households72%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority11%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,642 sqft
0255075100
Same streetTop 33%Same areaTop 20%CitywideTop 23%
Same street · Austin Street N
#20 / 60
Top 33% · Avg 1,565 sqft
Same area · North Point Douglas
#125 / 631
Top 20% · Avg 1,321 sqft
Citywide · Winnipeg
#45,341 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

below average
70k
0255075100
Same streetBottom 2%Same areaBottom 3%CitywideBottom 1%
Same street · Austin Street N
#59 / 60
Bottom 2% · Avg 169.8k
Same area · North Point Douglas
#615 / 631
Bottom 3% · Avg 157.2k
Citywide · Winnipeg
#194,324 / 194,458
Bottom 1% · Avg 390.1k

Year Built

above average
1934
0255075100
Same streetTop 28%Same areaTop 27%CitywideBottom 18%

Lot Size

above average
5,158 sqft
0255075100
Same streetTop 25%Same areaTop 12%CitywideBottom 49%

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

262 Austin Street N — 20 amenities found within 500 m, across 7 categories, including 4 dining (nearest 207 m), 2 education (nearest 184 m), 3 healthcare (nearest 208 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare3
🌳Parks4
🏦Finance1
Worship5
🏛️Government1

Crime & Safety

North Point Douglas · WPS public data · 2026

Annual incidents

33

2026

vs. city avg

+12%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

45%

Sales History

Sold 1/2018CA$150k–200k
Sold price

Same street

Bottom 46%

Same area

Bottom 45%

City-wide

Bottom 4%

Related homes

Highlights & common questions: 262 Austin Street N, Winnipeg

Property Overview: 262 Austin Street N, North Point Douglas, Winnipeg

Key Characteristics & Appeal

This home presents a distinct value proposition centered on its generous physical space relative to its very low municipal assessment. Built in 1934, the 1,642 sqft living area is notably larger than many homes in the immediate area and across Winnipeg. This is complemented by an above-average lot size of over 5,150 sqft for the neighbourhood, offering rare potential for expansion, gardening, or outdoor space.

The primary appeal lies in its significant upside potential. With an assessed value of $70k—ranking it in the bottom 3% of the city—it represents one of the lowest entry points for a home of this size. This creates a substantial gap between its official valuation and its physical footprint, which may attract buyers looking for a foundational project. It suits hands-on investors, renovators, or buyers with a long-term vision who are comfortable in a transitioning neighbourhood like North Point Douglas. The data suggests it’s not a move-in-ready premium property, but a canvas for adding value through updates and improvements.

A less obvious perspective is its relative modernity for the street; built in 1934, it is newer than most immediate neighbours, potentially indicating better underlying structure or previous updates not reflected in the assessment. Its last known sale was between $150k-$200k in early 2018, providing a more recent market price context far above its current assessed value.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
Municipal assessments are based on mass appraisal models and specific valuation dates, not current market prices. A very low assessment can be due to the home’s condition, specific location factors within the neighbourhood, or a lack of recent permits for updates. It often indicates a property requiring modernization.

2. What does the sold price history tell us?
The home sold for an estimated $150,000-$200,000 in January 2018. This historical price is significantly higher than the current $70k assessment, highlighting that the market has previously valued it much higher. It’s a crucial data point for understanding its potential market value versus its tax valuation.

3. Is the large lot size a benefit?
Yes. At 5,158 sqft, the lot is larger than approximately 88% of properties in North Point Douglas. This provides more privacy, outdoor space, and future potential (like an addition, garage, or garden) than is typical for the area, which is often comprised of narrower lots.

4. How does this home compare to others on the street?
It has more living space than about two-thirds of homes on Austin Street N and sits on a larger-than-average lot. However, its assessed value is the second-lowest on the street (ranked 59 out of 60), suggesting it is an outlier in terms of valuation, not physical attributes.

5. How can I get the exact past sale price?
The exact sale price is not publicly displayed due to data source rules. You can request the fully verified transaction history by emailing the site directly. They will manually look up and provide the exact figures at no cost.