Property score
88.2
Excellent
Overall 88.2 · Larger and newer than most nearby homes
2,558 sqft (top 5%) · Built in 2020 (83 yrs newer 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Above average
66% larger than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Above average
83 yrs newer 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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88.2 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
204 Waterloo Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 137 m), 2 education (nearest 326 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਟਾਪ 6% | ਟਾਪ 1% | ਟਾਪ 1% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 204 Waterloo Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home is defined by its modern build, generous interior space, and premium valuation within a well-established neighbourhood. Built in 2020, it is a notably newer property compared to most homes on its street and in North River Heights, where average construction dates are from the 1930s and 1940s. With 2,558 sqft of living area, it offers significantly more interior space than the typical home in Winnipeg, ranking in the top 3-8% across comparison groups.
The property’s primary appeal lies in its combination of a contemporary, low-maintenance structure within a mature, sought-after area. Its assessed value of $1.28M places it in the elite top 1-4% of homes city-wide, underscoring its premium market position. The lot size of 4,822 sqft is generally in line with neighbourhood averages, suggesting the value is driven by the home itself rather than an exceptionally large yard.
This property would best suit buyers seeking a modern turn-key home without sacrificing location. It appeals to those who value newer construction (and the associated efficiency standards, warranties, and modern layouts) but want the established trees, character, and convenience of the River Heights area. It is a strong match for professionals or families looking for move-in-ready space and who are comfortable with a valuation that reflects a top-tier asset in the city’s market.
Frequently Asked Questions
1. Why is the assessed value so much higher than the neighbourhood average?
The assessed value reflects the property’s modern build year (2020) and its large, high-quality living area. It is evaluated as a new construction home among a housing stock where most properties are decades older, justifying its position in the top 1% of homes city-wide for value.
2. What does the sold price history indicate?
The home sold in October 2020 for between $1.2M and $1.25M. This past sale, occurring soon after construction, established a high-value benchmark that is consistent with its current elite assessment tier.
3. Is the lot size a disadvantage?
Not necessarily. While the land area is around the neighbourhood average, the property’s value is primarily in the structure itself. For buyers prioritizing interior space and modern amenities over extensive outdoor space, this is a typical and balanced lot for the area.
4. How does this home compare to its immediate neighbours?
The data shows it ranks 13th of 322 homes on Waterloo Street for assessed value and 9th for year built. This indicates it is one of the newest and most highly valued properties on the block, likely standing out in terms of size and modern features among older homes.
5. What is a less obvious consideration with a newer home in this area?
While offering modern comforts, the architectural style and scale of a 2020-built home may differ from the traditional character of North River Heights. Buyers should consider how the property fits the streetscape aesthetically, which can be a subjective point of preference.
