168 Oak Street

North River Heights, Winnipeg

Property score

76.6

Good

Overall 76.6 · Newer than most nearby homes

1,397 sqft (bottom 45%) · Built in 1952 (15 yrs newer than avg)

Located in a high-income area with median household income of ~162k

Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 school, 1 fuel station, and 1 place of worship nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 89%French · 2%

Past 10 years North River Heights sales snapshot (~80% of all data)

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

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Property score

76.6 is composed by the two sections below.

Property Score

64.8Fair
Living Area1,397 sqft71Good
Year Built195236Low
Lot Size7,235 sqft88Excellent
Neighbourhood Sales Activity37Low

Community Score

94.4Excellent
Household Income95Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

North River Heights

How to read: Share of sales in each ~$50k price band for “north river heights” (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: #46110664

Community deep dive

$162K

Median household income

$202K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

18%

Single-person households

39%

Families with children

Population, labour & age

Population (2021)460
Labour force participation rate76%
Median age43.2
Avg household size2.8
Unemployment rate14%
Population density3833 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children39%
Median household income (2020)$162K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$528K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority8%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 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
1,397 sqft
0255075100
Same streetBottom 35%Same areaBottom 45%CitywideTop 36%
Same street · Oak Street
#166 / 255
Bottom 35% · Avg 1,734 sqft
Same area · North River Heights
#1,194 / 2,168
Bottom 45% · Avg 1,540 sqft
Citywide · Winnipeg
#69,591 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
427k
0255075100
Same streetBottom 32%Same areaBottom 40%CitywideTop 33%
Same street · Oak Street
#173 / 255
Bottom 32% · Avg 548.4k
Same area · North River Heights
#1,300 / 2,168
Bottom 40% · Avg 479.3k
Citywide · Winnipeg
#63,248 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 40%Same areaTop 6%CitywideBottom 30%

Lot Size

Elite
7,235 sqft
0255075100
Same streetTop 15%Same areaTop 2%CitywideTop 15%

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

168 Oak Street — 6 amenities found within 500 m, across 4 categories, including 3 dining (nearest 269 m), 1 education (nearest 483 m).

Search radius
🍽️Dining3
🏫Education1
Fuel Stations1
Worship1

Crime & Safety

North River Heights · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

57%

Sales History

Sold 8/2022CA$400k–450k
Sold price

Same street

Bottom 45%

Same area

Top 42%

City-wide

Top 25%

Related homes

Highlights & common questions: 168 Oak Street, Winnipeg

Property Overview: 168 Oak Street, North River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This 1952-built home in North River Heights presents a compelling blend of space, value, and potential. Its key characteristic is a generous 7,235 sqft lot, which is notably larger than most in the area—ranking in the top 2% of the neighbourhood. This offers significant outdoor space for gardens, recreation, or future expansion, setting it apart from typical properties.

The 1,397 sqft living area and the $427k assessed value are both positioned around the average for the immediate street and neighbourhood, suggesting a home that is in line with local expectations for interior space and municipal valuation. However, its city-wide value ranking (top 33%) indicates you receive more house for your money here compared to many areas across Winnipeg.

The appeal lies in this balance: a solid, average-sized home on a much larger-than-average lot in a well-established area. It suits value-conscious buyers looking for a footprint with room to grow, whether that means enjoying a spacious yard now or envisioning renovations or additions later. It’s particularly suited for those who prioritize land size and long-term potential over a move-in-ready, modern interior, as the home itself may require updates reflective of its age.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $427k is for municipal tax purposes. The last sold price (2022) was in the $400k-$450k range. The eventual selling price will be determined by current market conditions, the home’s state, and buyer demand.

2. What does the lot size ranking actually mean for me?
Ranking in the top 2% for land area in North River Heights means this property’s lot is among the largest in one of Winnipeg’s established neighbourhoods. This is a relative scarcity that can provide more privacy, landscaping options, and future development potential than is typically available.

3. Is a home from 1952 likely to need major work?
While the home’s age is around the neighbourhood average, being 74 years old means key systems (like plumbing, electrical, roof, and insulation) may be original or dated. A thorough inspection is essential to budget for necessary updates or repairs.

4. The living area is noted as "around average." Is that a drawback?
Not necessarily. It means the interior space is typical for the area, which generally offers comfortable family-sized homes. The trade-off is that the property’s standout feature is its land, not an exceptionally large house. It’s a question of prioritizing indoor versus outdoor space.

5. How can I get the exact historical sold prices for this home?
The provided data shows price ranges. Due to industry regulations, exact sold prices are not published online here. You can request the full transaction history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.

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