177 Oak Street

North River Heights, Winnipeg

Property score

78.9

Good

Overall 78.9 · Larger but older than most nearby homes

1,989 sqft (top 17%) · Built in 1914 (23 yrs older than avg)

Located in a high-income area with median household income of ~121k

Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 2 schools, 1 fuel station, and 1 place of worship nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Below average

23 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

78.9 is composed by the two sections below.

Property Score

73.4Good
Living Area1,989 sqft92Excellent
Year Built191416Low
Lot Size7,243 sqft88Excellent
Neighbourhood Sales Activity37Low

Community Score

87.1Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress63Fair
Core Housing Need63Fair
Employment Health90Excellent

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: #46110381

Community deep dive

$121K

Median household income

$160K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

5.0

P90 / P10 ratio

30%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)400
Labour force participation rate79%
Median age46.0
Avg household size2.2
Unemployment rate7%
Population density3333 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children30%
Median household income (2020)$121K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority3%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 87%
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
1,989 sqft
0255075100
Same streetTop 27%Same areaTop 17%CitywideTop 11%
Same street · Oak Street
#69 / 255
Top 27% · Avg 1,734 sqft
Same area · North River Heights
#377 / 2,168
Top 17% · Avg 1,540 sqft
Citywide · Winnipeg
#21,563 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
473k
0255075100
Same streetBottom 47%Same areaTop 38%CitywideTop 24%
Same street · Oak Street
#136 / 255
Bottom 47% · Avg 548.4k
Same area · North River Heights
#829 / 2,168
Top 38% · Avg 479.3k
Citywide · Winnipeg
#47,341 / 194,458
Top 24% · Avg 390.1k

Year Built

below average
1914
0255075100
Same streetBottom 5%Same areaBottom 6%CitywideBottom 11%

Lot Size

Elite
7,243 sqft
0255075100
Same streetTop 14%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

177 Oak Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 214 m), 2 education (nearest 445 m).

Search radius
🍽️Dining3
🏫Education2
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 7/2017CA$400k–450k
Sold price

Same street

Bottom 42%

Same area

Top 46%

City-wide

Top 26%

Related homes

Highlights & common questions: 177 Oak Street, Winnipeg

Property Overview: 177 Oak Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of space, land, and value within the established North River Heights neighborhood. Its primary appeal lies in its generous proportions: at nearly 2,000 square feet, the living area is notably larger than most homes in Winnipeg, and its lot size of over 7,200 square feet is exceptional for the area, ranking in the top 2%. This creates significant potential for both indoor living and outdoor enjoyment, such as gardening, expansion, or adding recreational space.

Built in 1914, the property is one of the older homes on the street, which suggests classic character but also implies a need for diligent maintenance and potential updates. Interestingly, its assessed value of $473k is around the average for the immediate street and neighborhood, yet sits above the city-wide average. This positioning could indicate a value opportunity, where you acquire a larger-than-average home and lot without a proportionally higher price tag, especially when compared to its last known sale between $400k-$450k in 2017.

This property would best suit a buyer who prioritizes space and land over a move-in-ready, modern build. It’s ideal for someone with a vision—whether that’s restoring a character home, utilizing the large lot, or appreciating the stability of a mature neighborhood. It appeals to those who see the older vintage as a source of charm and are prepared for the stewardship it requires.

Frequently Asked Questions

1. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is in the top 2% of all homes in the North River Heights area, making it a rare find for its generous outdoor space in this neighborhood.

2. The home is older than most. What should I consider?
While it offers classic charm, a 1914-built home will likely require careful attention to foundational, electrical, and plumbing systems. A thorough inspection is essential, and budgeting for ongoing maintenance or thoughtful updates should be part of your planning.

3. The assessed value seems average for the street but the lot and house are larger. Why?
Municipal assessments for tax purposes don't always directly correlate with market value or specific features. This discrepancy can sometimes represent a value opportunity, where the market may recognize the premium of the large lot and living space more than the assessment does.

4. How reliable is the sold price data shown?
The listed sale from 2017 is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.

5. What is the immediate neighborhood like based on this data?
The data shows Oak Street and North River Heights consist of homes with a wide range of ages, but generally with smaller lots and less living space than this subject property. This home stands out on its street and in the area for its land size, offering more privacy and space than its closest neighbors.

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