Property score
80.7
Excellent
Overall 80.7 · Larger but older than most nearby homes
2,252 sqft (top 10%) · Built in 1913 (24 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 68.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 school, 1 fuel station, and 1 place of worship nearby
Living Area
Above average
46% larger than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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80.7 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: #46110664
$162K
Median household income
$202K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
18%
Single-person households
39%
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
199 Elm Street — 6 amenities found within 500 m, across 4 categories, including 3 dining (nearest 329 m), 1 education (nearest 390 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 2% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Top 38% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 199 Elm Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home is defined by its impressive scale and premium valuation within a well-established neighbourhood. Built in 1913, it is a classic, older character home that offers significantly more living space than most. With 2,252 sqft, it ranks in the top 10-13% for size both locally and citywide. This substantial interior space is paired with a roughly average lot size of 4,824 sqft for the area.
The property’s primary appeal lies in its elite standing in terms of assessed value, which is placed in the top 3-5% across all comparison levels. This indicates it is considered a high-value asset, likely due to a combination of its generous square footage, desirable North River Heights location, and the character of a century-old home. Recent sale history suggests strong market momentum.
It would best suit buyers seeking a spacious character home in a prime central neighbourhood, who appreciate the charm of a historic property and are prepared for the maintenance that comes with it. It’s a solid choice for those valuing space over a newer build, and for investors or homeowners looking at long-term value in a proven market.
Frequently Asked Questions
1. How does the age of the home (1913) affect its value and appeal?
While its age places it in the older tier of homes statistically, this is typical for the character of North River Heights. The age contributes to its charm and is likely factored into its high assessment. Buyers should budget for potential updates and maintenance consistent with a century-old structure.
2. The assessed value seems high compared to area averages. What does this mean?
An assessment in the elite tier (top 5%) confirms this is not an average property for the area. It reflects the city’s valuation of the home as a premium asset, likely due to its above-average size, lot, and location. This often correlates with higher property taxes and strong resale value.
3. Is the lot size a drawback?
The land area is around the neighbourhood average. While not an exceptionally large lot, it is proportionate for the area and supports the home’s substantial footprint. The value here is weighted more toward the living space and location than toward expansive outdoor grounds.
4. What can recent sale prices tell us?
The data shows a significant increase between its 2020 and 2021 sales, moving from an average price tier to a top-tier sale. This indicates a rapid appreciation in market value over that period, underscoring the property’s desirability and the neighbourhood’s strong market.
5. How reliable is this sold price data?
The provided sold prices are based on public records, not the MLS. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as industry rules prevent the display of official MLS sold data here.
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