Property score
80.6
Excellent
Overall 80.6 · Newer than most nearby homes
1,662 sqft (top 35%) · Built in 2023 (86 yrs newer than avg)
Located in a high-income area with median household income of ~101k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 school, 4 parks, 1 fuel station, and 1 place of worship nearby
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Above average
86 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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80.6 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110378
$101K
Median household income
$122K
Average household income
7%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
32%
Single-person households
22%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
196 Lindsay Street — 7 amenities found within 500 m, across 4 categories, including 1 education (nearest 437 m), 4 parks (nearest 355 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 4% | Top 6% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 196 Lindsay Street, Winnipeg
Key Characteristics & Appeal
This is a modern, high-value home in North River Heights, built in 2023. Its primary appeal lies in its combination of new construction and above-average interior space. With 1,662 sqft of living area, it offers significantly more room than most homes on its street and is above the citywide average, providing a spacious feel within a newer build. The assessed value of $689k places it in the elite tier for the street and citywide, reflecting its premium positioning.
The property suits buyers seeking a move-in-ready, modern home without the typical maintenance concerns of an older property. It’s ideal for those who prioritize interior space and contemporary amenities over a large yard, as the lot size is notably smaller than area norms. This creates a low-maintenance exterior but less private outdoor space. A thoughtful perspective is that this home represents a trade-off: you acquire a top-tier, modern asset in a established neighbourhood, but with a land footprint that is compact relative to its neighbours.
Frequently Asked Questions
1. Why is the assessed value so much higher than nearby homes?
The assessed value reflects the home's very recent construction (2023) and its larger-than-average living area. It's categorized among the newest and most substantial homes in the area, which commands a premium compared to the older, often smaller homes that dominate the street.
2. What does the smaller land area mean for me?
The lot is approximately 3,000 sqft, which is below average for the neighbourhood. This typically means a smaller backyard and less distance from neighbouring houses. The benefit is lower exterior maintenance, but it may not suit those looking for extensive gardening, play space, or high privacy.
3. How current and reliable is the sold price data shown?
The sold price range (CA$750k–800k) is based on publicly available data from July 2024. The site notes this data has had limited verification and is not sourced from the MLS. For fully verified and exact transaction figures, you must request a manual lookup via email from the service.
4. The home is new, but what about the neighbourhood's overall character?
North River Heights is a well-established, mature neighbourhood. This home is an exception in age, surrounded predominantly by homes built decades earlier. Buyers get a brand-new house within a settled community with mature trees and established amenities.
5. Are property taxes likely to be high?
Given the assessed value is in the top tier for the city, property taxes will be correspondingly higher than for a typical Winnipeg home. It's advisable to use the city's mill rate and this assessment to calculate an estimated tax bill.
