202 Oak Street

North River Heights, Winnipeg

Property score

81.2

Excellent

Overall 81.2 · Larger but older than most nearby homes

2,224 sqft (top 11%) · Built in 1921 (16 yrs older than avg)

Located in a high-income area with median household income of ~162k

Transit 76.0 · 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

44% larger than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 89%French · 2%

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

81.2 is composed by the two sections below.

Property Score

72.4Good
Living Area2,224 sqft96Excellent
Year Built192120Low
Lot Size4,824 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

94.4Excellent
Household Income95Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110664

Community deep dive

$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

Population, labour & age

Population (2021)460
Labour force participation rate76%
Median age43.2
Avg household size2.8
Unemployment rate14%
Population density3833 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children39%
Median household income (2020)$162K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$528K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority8%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,224 sqft
0255075100
Same streetTop 18%Same areaTop 11%CitywideTop 6%
Same street · Oak Street
#45 / 255
Top 18% · Avg 1,734 sqft
Same area · North River Heights
#242 / 2,168
Top 11% · Avg 1,540 sqft
Citywide · Winnipeg
#11,956 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
814k
0255075100
Same streetTop 9%Same areaTop 3%CitywideTop 2%
Same street · Oak Street
#23 / 255
Top 9% · Avg 548.4k
Same area · North River Heights
#74 / 2,168
Top 3% · Avg 479.3k
Citywide · Winnipeg
#4,134 / 194,458
Top 2% · Avg 390.1k

Year Built

below average
1921
0255075100
Same streetBottom 11%Same areaBottom 10%CitywideBottom 13%

Lot Size

around average
4,824 sqft
0255075100
Same streetBottom 46%Same areaTop 37%CitywideBottom 40%

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

202 Oak Street — 6 amenities found within 500 m, across 4 categories, including 3 dining (nearest 293 m), 1 education (nearest 366 m).

Search radius
🍽️Dining3
🏫Education1
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$800k–850k
Sold price

Same street

Top 9%

Same area

Top 3%

City-wide

Top 2%
Sold 5/2016CA$300k–350k
Sold price

Same street

Bottom 7%

Same area

Bottom 23%

City-wide

Top 49%

Related homes

Highlights & common questions: 202 Oak Street, Winnipeg

Property Overview: 202 Oak Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home is defined by its substantial size and premium valuation within a well-established neighbourhood. Built in 1921, it offers generous living space of 2,224 sqft, which ranks within the top 11% of homes in North River Heights and the top 6% citywide. The property’s standout feature is its assessed value of $814,000, placing it in the elite top 3% of the neighbourhood and top 2% across Winnipeg, indicating a premium, high-quality asset.

Its appeal lies in offering above-average interior space on a standard-sized lot (4,824 sqft), suggesting a focus on the home itself rather than extensive grounds. The historical sales data shows significant value growth, with the last sale in 2021 in the $800k-$850k range, a notable increase from its 2016 sale price. This points to strong market confidence and appreciation.

This property would best suit buyers seeking a spacious, character home in a prime location who value statistical prestige and proven investment growth. It’s ideal for those less concerned with a newer build or the largest yard, but who prioritize being in the upper tier of home value and square footage for the area.

Frequently Asked Questions

1. What does the "Elite" assessed value ranking mean?
It means the home’s official assessed value is higher than approximately 97-98% of comparable properties in its wider area, signaling it is considered a premium property within the market.

2. The home is over 100 years old. Should I be concerned?
While the age is above average for the street and area, the high assessed value and recent sale price suggest the home has been substantially updated or maintained to a standard that supports its premium valuation. A thorough inspection is always recommended.

3. How reliable are the sold price ranges shown?
The provided price ranges are based on publicly available data. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this site does not display MLS records.

4. The lot size is noted as "around average." Is that a drawback?
Not necessarily. The data suggests the property’s value is driven by the size and quality of the home itself. For many buyers in established neighbourhoods, a standard lot with a larger, premium house is a preferred trade-off.

5. What is the neighbourhood analysis page?
This interactive tool allows you to see this property on a map alongside nearby homes, directly comparing metrics like year built, living area, and assessed value for detailed context.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.