172 Oxford Street

North River Heights, Winnipeg

Property score

80.4

Excellent

Overall 80.4 · Newer than most nearby homes

1,658 sqft (top 35%) · Built in 1946 (9 yrs newer 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 park nearby

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Above average

9 yrs newer 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

80.4 is composed by the two sections below.

Property Score

70.8Good
Living Area83
1,658 sqftExcellent
Year Built30
1946Low
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
1,658 sqft
0255075100
Same streetTop 36%Same areaTop 35%CitywideTop 23%
Same street · Oxford Street
#106 / 297
Top 36% · Avg 1,641 sqft
Same area · North River Heights
#755 / 2,168
Top 35% · Avg 1,540 sqft
Citywide · Winnipeg
#44,079 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
530k
0255075100
Same streetTop 27%Same areaTop 23%CitywideTop 15%
Same street · Oxford Street
#79 / 297
Top 27% · Avg 480.4k
Same area · North River Heights
#505 / 2,168
Top 23% · Avg 479.3k
Citywide · Winnipeg
#29,752 / 194,458
Top 15% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetBottom 47%Same areaTop 20%CitywideBottom 23%

Lot Size

Elite
7,212 sqft
0255075100
Same streetTop 9%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

172 Oxford Street — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 439 m).

Search radius
🌳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 12/2023CA$450k–500k
Sold price

Same street

Top 33%

Same area

Top 29%

City-wide

Top 18%

Related homes

Highlights & common questions: 172 Oxford Street, Winnipeg

Property Overview: 172 Oxford Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of space, location, and value within Winnipeg’s established North River Heights neighbourhood. Its most standout feature is the generous 7,212 sqft lot, which ranks in the top 4% of the area, offering significant outdoor space and potential that is rare for the community. Built in 1946, the 1,658 sqft house provides above-average living space citywide and sits on a quiet, tree-lined street.

The appeal lies in its strong positional value. The assessed value of $530k is consistently above average for the street, neighbourhood, and city, indicating a premium perception for this specific property. It suits buyers looking for a character home with a large yard for gardening, recreation, or future expansion. It’s ideal for those who value established communities over new subdivisions and understand the balance of maintaining an older home to enjoy its mature setting and lot size. A thoughtful perspective is that while the home itself is of average size for the area, its true premium is in the land, making it a long-term asset for a growing family or someone with a vision for the property itself.


Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold for an estimated $450k-$500k in late 2023. This sale price range was in the top 18-33% compared to local averages, though it was below the current $530k assessed value, which may reflect market conditions at the time of sale or subsequent municipal assessment.

2. Is the house outdated due to its age?
Built in 1946, the home is actually newer than the average house in North River Heights. While updates may be desired, its age is typical for the neighbourhood’s character. Buyers should budget for expected maintenance and potential modernization of older mechanical systems.

3. What makes the lot size so significant?
At over 7,200 sqft, the lot is exceptionally large for North River Heights, ranking in the elite top 4% of the area. This provides uncommon privacy, space for additions like a garage or deck, and a substantial backyard compared to nearby properties.

4. How does this property rank for value in Winnipeg?
The assessed value places it in the top 15% citywide, meaning it is considered a higher-value home overall. This is driven by its combination of above-average living space, premier lot size, and desirable neighbourhood.

5. Where can I verify the exact historical sale details?
The provided sold price is an estimate from public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as they do not publish MLS data directly.