Property score
75.2
Good
Overall 75.2 · Larger than most nearby homes
1,816 sqft (top 25%) · Built in 1927 (10 yrs older than avg)
Located in a high-income area with median household income of ~121k
Transit 76.0 · 2-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
18% larger than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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75.2 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: #46110381
$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
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 Niagara Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 97 m), 2 education (nearest 268 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 7% | Top 8% | Top 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 27% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 196 Niagara Street, Winnipeg
Key Characteristics & Appeal
This home at 196 Niagara Street in North River Heights is defined by its substantial size and premium valuation within a well-established neighbourhood. Built in 1927, it offers 1,816 sqft of living space, which is notably above average for its street, area, and the city overall. The property sits on a 4,355 sqft lot, typical for the local streetscape.
Its primary appeal lies in its clear standing as a high-value asset. With an assessed value of $661,000, it ranks in the top 6-8% of homes in North River Heights and the top 5% citywide, indicating a premium property relative to the market. This is further supported by its most recent sale in late 2024 within the $700k-$750k range, a significant increase from its sale earlier that same year, suggesting strong market momentum or substantial improvement.
This home would suit buyers looking for a character home in a prime central neighbourhood who also value clear, data-backed equity. It’s ideal for someone who sees a higher assessed value not just as a tax implication, but as a marker of established investment in a desirable location. It may also appeal to those interested in a property with recent, rapid appreciation, understanding that this brings a higher entry point but potentially a solidified market position.
Frequently Asked Questions
1. Why is the assessed value so much higher than the neighbourhood average?
The assessed value of $661,000 places this home in the elite tier citywide (top 5%). This typically reflects a combination of its larger-than-average living area, the desirability of the specific location on Niagara Street, and likely significant updates or attributes not captured in basic square footage data.
2. The home sold twice in 2024. What does that indicate?
The sale price increased from the $350k-$400k range in early 2024 to $700k-$750k by September 2024. This could indicate a substantial renovation or flip occurred between sales, or a rapid shift in market conditions. It underscores the importance of verifying the exact sale history and understanding what changed.
3. Is the lot size a disadvantage?
At 4,355 sqft, the lot is slightly below average for North River Heights but is consistent with the typical lot on Niagara Street. For this neighbourhood, it provides a balanced urban yard. Buyers seeking extensive outdoor space might compare it to larger suburban lots, but here it aligns with the central, established community character.
4. How does the age of the home (1927) factor in?
The age is typical for the area. It means the home likely has classic architectural character but warrants thorough inspections for the condition of original systems like plumbing, wiring, and the foundation. Its value lies in its enduring location and the updates it has presumably received over time.
5. Where can I get the exact sale prices and full history?
The displayed sold price ranges are based on public data. To obtain the exact sale figures and a verified transaction history, you must request a manual lookup via email from the site, as they do not have access to or display proprietary MLS sales records.
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