Property score
72.2
Good
Overall 72.2 · Older than most nearby homes
1,392 sqft (bottom 45%) · Built in 1925 (12 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 80.0 · 3-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
Near average
10% smaller than neighborhood avg.
Year Built
Below average
12 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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72.2 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” (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
228 Oak Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 337 m), 2 education (nearest 283 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 41% | Top 46% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 228 Oak Street, North River Heights, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home is a classic 1925-built character property situated on a standard-sized lot in the established North River Heights neighborhood. With 1,392 sqft of living space and an assessed value of $453k, it presents a solid, middle-of-the-road option within its immediate area. Its appeal lies in its relative value and location. While its size and lot are around the neighborhood average, its city-wide assessed value ranks in the top 28%, suggesting you get more house for your dollar here compared to many areas across Winnipeg. The home last sold in September 2020 for between $400k-$450k.
This property would suit a practical buyer who values character neighborhoods and is comfortable with a century-old home's potential upkeep. It’s ideal for someone seeking a fair-priced entry into a desirable area without the premium of a larger or fully renovated home. A thoughtful perspective is that its "averageness" on the street could be a stability advantage, offering a realistic benchmark for future value without the volatility of being the most or least expensive house on the block.
Frequently Asked Questions
1. How does this home’s value compare to others?
Its assessed value is around average for North River Heights and Oak Street, but ranks above average city-wide. This indicates it may offer more space or location benefits for the price compared to many other Winnipeg homes.
2. What should I consider with a 101-year-old home?
While offering classic charm, a home from 1925 will likely require careful attention to foundational systems, wiring, plumbing, and insulation. A thorough inspection is essential to understand the state of updates and any pending major maintenance.
3. Is the lot size typical for the area?
At 4,824 sqft, the lot is slightly below the average for Oak Street but fairly standard for the North River Heights neighborhood. It provides adequate outdoor space without being overly burdensome to maintain.
4. How reliable is the sold price data shown?
The sold price range is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup via the provided email service.
5. What does the "rank" and "top X%" information mean?
These metrics show how this property compares to groups of similar homes. For example, its city-wide assessed value is in the "Top 28%," meaning it is valued higher than 72% of comparable homes across Winnipeg, highlighting its relative value at a city level.
