178 Niagara Street

North River Heights, Winnipeg

Property score

71.6

Good

Overall 71.6 · Older than most nearby homes

1,500 sqft (top 46%) · Built in 1926 (11 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

Near average

3% smaller than neighborhood avg.

Year Built

Below average

11 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

71.6 is composed by the two sections below.

Property Score

61.2Fair
Living Area79
1,500 sqftGood
Year Built20
1926Low
Lot Size53
4,341 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

87.1Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress63
Fair
Core Housing Need63
Fair
Employment Health90
Excellent

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
1,500 sqft
0255075100
Same streetTop 45%Same areaTop 46%CitywideTop 30%
Same street · Niagara Street
#153 / 343
Top 45% · Avg 1,491 sqft
Same area · North River Heights
#1,003 / 2,168
Top 46% · Avg 1,540 sqft
Citywide · Winnipeg
#59,220 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
530k
0255075100
Same streetTop 20%Same areaTop 23%CitywideTop 15%
Same street · Niagara Street
#68 / 343
Top 20% · Avg 476.8k
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

below average
1926
0255075100
Same streetBottom 23%Same areaBottom 27%CitywideBottom 15%

Lot Size

around average
4,341 sqft
0255075100
Same streetBottom 36%Same areaBottom 23%CitywideBottom 31%

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

178 Niagara Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 42 m), 2 education (nearest 317 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 8/2021CA$500k–550k
Sold price

Same street

Top 15%

Same area

Top 22%

City-wide

Top 13%

Related homes

Highlights & common questions: 178 Niagara Street, Winnipeg

Property Overview: 178 Niagara Street, Winnipeg

Key Characteristics & Appeal

This home at 178 Niagara Street in North River Heights presents a compelling mix of established character and above-average valuation. Built in 1926, it is a century-old property that offers a generous 1,500 sqft of living space on a 4,341 sqft lot. The data reveals its core appeal: while the living area and lot size are generally on par with the immediate street and neighborhood, its assessed value of $530k stands out as consistently above average—ranking in the top 20-23% locally and the top 15% citywide. This suggests the property is perceived to offer good value or desirable attributes not fully captured by square footage alone.

Its appeal lies in offering solid space in a sought-after neighborhood, with a valuation that indicates strong underlying worth. The home would suit buyers who appreciate the charm and potential of a character home from the 1920s and are looking for a property with a value proposition that outperforms many peers. It’s a fit for those comfortable with a home that may require updates reflective of its age but is positioned in a stable, desirable community.


Frequently Asked Questions

1. How does this home’s value compare to others?
The home’s assessed value of $530k is notably above average for the street, neighborhood, and even the wider city, placing it in the top 15-23% of comparable properties. This indicates it is considered a higher-value home within its peer group.

2. What should I consider about the age of the home?
Built in 1926, the home is older than most in its comparison groups. This can mean charming architectural details but also warrants a thorough inspection for the condition of major systems (like plumbing, electrical, and the foundation) that may be original or dated.

3. Is the lot size a pro or a con?
At 4,341 sqft, the lot is slightly below average for North River Heights but around average for the street and city. It provides a decent outdoor space typical for the area, but may not offer as much yard as some newer suburban properties.

4. What was the previous sale price?
Records indicate it sold between $500k and $550k in August 2021. For verified, exact historical sale figures, you can request a manual lookup from the site via email.

5. Why is the living area considered "above average" citywide but not locally?
The home’s 1,500 sqft is larger than the average Winnipeg home, ranking in the top 30% citywide. However, within the established North River Heights neighborhood, where homes are often larger, it ranks as average. This highlights the neighborhood’s generally higher standard for living space.