Property score
75.8
Good
Overall 75.8 · Larger but older than most nearby homes
1,846 sqft (top 24%) · Built in 1923 (14 yrs older than avg)
Located in a high-income area with median household income of ~121k
Transit 68.0 · 3-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
20% larger than neighborhood avg.
Year Built
Below average
14 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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75.8 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
201 Waterloo Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 118 m), 2 education (nearest 280 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 | Bottom 48% | Top 34% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 201 Waterloo Street, Winnipeg
Key Characteristics & Appeal
This home at 201 Waterloo Street in North River Heights is a property of interesting contrasts, defined by its above-average interior space within a century-old structure. Built in 1923, it offers 1,846 sqft of living area, which ranks within the top quarter of homes locally and citywide, suggesting a spacious and well-proportioned layout. With an assessed value of $502,000, it sits above the Winnipeg average but presents as a more accessible entry point within its own desirable neighbourhood and street, where average values are higher.
The appeal lies in this balance: you acquire significant interior space and a prime North River Heights location, while the assessed value indicates a potentially lower property tax burden than many immediate neighbours. The lot size, at 4,821 sqft, is typical for the area. A key, less obvious perspective is that a 1923 build date, while requiring due diligence, often comes with a level of craftsmanship and architectural character harder to find in newer homes. This property would suit a buyer who values space and location over a modern build, and who is prepared for the maintenance or thoughtful updates a 103-year-old home may require. It’s a practical choice for someone seeking established neighbourhood charm without the highest price point on the block.
Frequently Asked Questions
1. How does the 1923 build year affect this property?
While older than most homes on its street and in the city, this age is typical for the character of North River Heights. It implies potential for classic architectural details but necessitates a thorough inspection for updates to major systems like wiring, plumbing, and insulation.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($502k) is for municipal tax purposes. Market value is determined by current conditions. Notably, its assessed value is below the street average ($552k), which may influence buyer interest and final sale price.
3. The home sold in 2016. What can that price tell us?
The previous sale (2016, between $450k-$500k) provides a historical benchmark. Given market changes and the home’s above-average spatial rankings, it is a useful data point but not a predictor of the current market value.
4. What does the "above average" living area ranking practically mean?
Ranking in the top 24% locally means this home offers more interior space than approximately 76% of homes in North River Heights. For buyers, this suggests better room sizing, layout, or total square footage compared to many alternatives in the area.
5. How can I get the exact historical sale price?
The provided data shows a price range. Due to industry regulations, exact sale prices are not published online here. You can request the precise figure via the email lookup service provided on the listing page.
