Property score
78.1
Good
Overall 78.1 · Larger but older than most nearby homes
1,864 sqft (top 22%) · Built in 1923 (14 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 1 school, and 1 place of worship nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Below average
14 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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78.1 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
234 Elm Street — 5 amenities found within 500 m, across 3 categories, including 3 dining (nearest 419 m), 1 education (nearest 327 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 | Top 11% | Top 8% | Top 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 30% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 234 Elm Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 234 Elm Street is a classic 1923 character property in the established North River Heights neighbourhood. Its key appeal lies in a desirable combination of above-average interior space and a strong assessed value relative to its surroundings. With 1,864 sqft of living area, the home offers more space than most in Winnipeg (ranking in the top 15% city-wide) and is also above average for its immediate area. The assessed value of $582,000 consistently places it in the top quartile on its street, in the neighbourhood, and across the city, suggesting a perception of solid quality and desirability.
The lot, at 4,423 sqft, is slightly smaller than others on Elm Street but is fairly typical for the city overall. A thoughtful perspective is that this older home, built in 1923, represents an opportunity to own a piece of the neighbourhood's history, but buyers should be prepared for the maintenance and potential renovation needs that come with a century-old structure. Recent sales activity on the property indicates significant market interest.
This property would best suit buyers looking for a spacious, character home in a prime central neighbourhood, who value established communities over brand-new construction. It appeals to those who appreciate a home with a story and are possibly seeking a project to modernize while retaining classic charm. The strong assessed value metrics make it a consideration for buyers viewing their purchase as a long-term investment in a stable area.
Frequently Asked Questions
1. How does the home’s age impact its value and condition?
Built in 1923, the home is older than most in its immediate area. This can contribute to its character and established feel, but it typically means prospective buyers should budget for potential updates to systems like plumbing, electrical, or windows, and seek a thorough inspection.
2. The sold prices show a wide range. What does this indicate?
The property sold twice in 2024 at notably different price points. This could reflect a quick flip, a significant change in condition (like a renovation), or a market adjustment. Requesting the exact sold price history is essential to understand the full story.
3. Is the lot size a disadvantage?
The lot is slightly smaller than the average on Elm Street. For some, this means less yard maintenance. For others, it might mean less private outdoor space compared to neighbours. It remains an average-sized city lot overall.
4. What does the high assessed value actually mean?
The assessed value ($582k) is consistently higher than averages for the street, neighbourhood, and city. This generally reflects the municipality's view of its worth for tax purposes and can indicate a premium location or property attributes, but it is not a direct predictor of market selling price.
5. How can I verify the exact recent sold prices?
Due to industry regulations, exact MLS sold prices are not published on this site. You can request the full transaction history and exact figures by email via the "Request exact figures by email" button on the property page. The service is manual but provided without obligation.
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