171 Cambridge Street

North River Heights, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Larger but older than most nearby homes

1,877 sqft (top 22%) · Built in 1924 (13 yrs older than avg)

Located in a high-income area with median household income of ~202k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 1 park nearby

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Below average

13 yrs older than neighborhood avg.

Mother tongue

English · 91%French · 3%

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

81.3 is composed by the two sections below.

Property Score

72.4Good
Living Area89
1,877 sqftExcellent
Year Built20
1924Low
Lot Size88
7,212 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

94.7Excellent
Household Income99
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

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: #46110663

Community deep dive

$202K

Median household income

$260K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.3

P90 / P10 ratio

20%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)392
Labour force participation rate61%
Median age48.8
Avg household size2.7
Unemployment rate14%
Population density2450 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households20%
Couple families with children41%
Median household income (2020)$202K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$650K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)74%
Mother tongue (1st)English · 91%
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

above average
1,877 sqft
0255075100
Same streetTop 19%Same areaTop 22%CitywideTop 14%
Same street · Cambridge Street
#37 / 195
Top 19% · Avg 1,332 sqft
Same area · North River Heights
#467 / 2,168
Top 22% · Avg 1,540 sqft
Citywide · Winnipeg
#27,711 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
452k
0255075100
Same streetTop 28%Same areaTop 48%CitywideTop 28%
Same street · Cambridge Street
#55 / 195
Top 28% · Avg 421.7k
Same area · North River Heights
#1,034 / 2,168
Top 48% · Avg 479.3k
Citywide · Winnipeg
#54,496 / 194,458
Top 28% · Avg 390.1k

Year Built

below average
1924
0255075100
Same streetBottom 7%Same areaBottom 19%CitywideBottom 15%

Lot Size

Elite
7,212 sqft
0255075100
Same streetTop 13%Same areaTop 4%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

171 Cambridge Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 469 m), 1 parks (nearest 448 m).

Search radius
🏫Education1
🌳Parks1

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 11/2016CA$300k–350k
Sold price

Same street

Bottom 41%

Same area

Bottom 19%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 171 Cambridge Street, Winnipeg

Property Overview: 171 Cambridge Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of space, land, and established character. Built in 1924, it is notably older than most homes in its immediate area, suggesting classic architectural details and mature landscaping. Its primary appeal lies in its generous proportions: with 1,877 sqft of living space, it is significantly larger than the average home on its street and across Winnipeg. More strikingly, the 7,212 sqft lot is exceptionally large for the North River Heights neighborhood, ranking in the top 4% of area properties. This offers rare potential for gardens, expansion, or simply ample private outdoor space.

The assessed value of $452k sits around the average for North River Heights but is above average for the city overall, positioning it as a solid value within a desirable neighborhood. A thoughtful perspective is that this property offers more house and significantly more land than is typical, without a proportionally extreme price premium for the area. It would suit a buyer looking for character and space over new construction, who values a large yard for family, pets, or gardening. It’s also a fit for those who appreciate established, tree-lined communities and have the understanding that a century-old home may come with maintenance considerations alongside its charm.

Frequently Asked Questions

1. How does the age of the home affect its value and condition?
Built in 1924, the home is older than most in the area. This often means character features and mature trees, but it also implies a need for diligent maintenance and potential updates to systems like plumbing, electrical, or windows. The assessed value factors this in, positioning it as an average value for the neighborhood.

2. Why is the lot size considered such a standout feature?
At over 7,200 sqft, the lot is in the top 4% for North River Heights, where the average is about 5,054 sqft. This size is uncommon in established central neighborhoods and is a major asset for privacy, recreation, or future projects.

3. How does the living area compare to nearby homes?
With 1,877 sqft, the home offers substantially more interior space than the average home on Cambridge Street (~1,332 sqft) and in Winnipeg overall (~1,342 sqft). This suggests a comfortable layout with room for growing families or dedicated living areas.

4. What can the 2016 sale price tell me about the property's history?
The home sold for between $300,000 and $350,000 in late 2016. The current assessed value of $452k reflects market changes and any improvements made over the past eight years. For exact historical sale prices, a manual lookup is required.

5. How is the assessed value positioned in the market?
At $452k, the home’s assessed value is above average for Winnipeg and typical for the North River Heights area. This suggests you are paying for the location and the unique land size, rather than an inflated price per square foot relative to the neighborhood.