Property score
58.8
Fair
Overall 58.8 · Smaller than most nearby homes
914 sqft (bottom 10%) · Built in 1928 (9 yrs older than avg)
Located in a high-income area with median household income of ~121k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 schools, 1 fuel station, and 1 place of worship nearby
Living Area
Below average
41% smaller than neighborhood avg.
Year Built
Below average
9 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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58.8 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
203 Ash Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 222 m), 2 education (nearest 290 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 4% | Bottom 12% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1928 home at 203 Ash Street in North River Heights presents a distinct opportunity within Winnipeg’s market. Its profile is defined by a smaller, efficient footprint on a standard-sized lot, offering a blend of historic character and practical affordability.
The home’s primary characteristic is its compact size. At 914 sq ft, the living area is notably smaller than most homes on its street and in the established North River Heights neighbourhood. This positions it as a more affordable entry point into a desirable area known for its mature streetscapes and convenience. The assessed value of $401k is below the local averages for Ash Street and North River Heights, yet aligns closely with the city-wide average, suggesting its price reflects a fair valuation for a smaller home in a prime location.
Its appeal lies in this value proposition: access to a sought-after neighbourhood without the premium typically attached to larger homes here. The nearly 5,000 sq ft lot is consistent with area norms, offering standard outdoor space. A thoughtful perspective is that a smaller, older home like this can represent a simpler, lower-maintenance lifestyle or a strategic renovation opportunity, where value can be added through efficient design and updates rather than sheer square footage.
This property would best suit first-time buyers or downsizers seeking neighbourhood amenities over space, or investors looking for a character home in a stable area with rental potential. It’s less suited for those requiring substantial room for a growing family or modern, open-concept layouts without renovation work.
1. Is this home significantly smaller than its neighbours?
Yes. At 914 sq ft, it ranks in the bottom 3% for living area on Ash Street. This is its defining feature, making it one of the smallest homes in the immediate area but also a key factor in its relative affordability.
2. How does the assessed value compare to recent sale prices?
The home last sold between $300k-$350k in 2016. Its current $401k assessment is above that last sale price but below current averages for North River Heights, indicating market appreciation while still being valued as a smaller property.
3. What does the 1928 build date mean for a buyer?
As a home nearing 100 years old, it likely possesses classic charm but will require careful attention to aging components like wiring, plumbing, and insulation. Its age is older than most on its street, so a thorough inspection is essential.
4. Is the lot size a positive aspect?
The lot is approximately 4,822 sq ft, which is average for both the street and the neighbourhood. It provides typical yard space for the area but is not unusually large or small.
5. How is the value positioned within Winnipeg overall?
While its value is below average for North River Heights, it sits close to the city-wide average assessed value. This highlights that you are paying primarily for the location within a premium neighbourhood, not for the size of the home itself.
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