234 Lindsay Street

North River Heights, Winnipeg

Property score

61.8

Fair

Overall 61.8 · Smaller but newer than most nearby homes

1,056 sqft (bottom 20%) · Built in 1945 (8 yrs newer than avg)

Located in a high-income area with median household income of ~101k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 3 parks, 1 fuel station, and 1 place of worship nearby

Living Area

Below average

31% smaller than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 85%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

61.8 is composed by the two sections below.

Property Score

45.9Low
Living Area52
1,056 sqftFair
Year Built30
1945Low
Lot Size46
3,963 sqftLow
Neighbourhood Sales Activity37
Low

Community Score

85.6Excellent
Household Income85
Excellent
Education Level100
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health60
Fair

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: #46110378

Community deep dive

$101K

Median household income

$122K

Average household income

7%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

32%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)541
Labour force participation rate68%
Median age44.0
Avg household size2.1
Unemployment rate16%
Population density2459 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households32%
Couple families with children22%
Median household income (2020)$101K

Housing

Renter households19%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority9%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,056 sqft
0255075100
Same streetBottom 43%Same areaBottom 20%CitywideBottom 34%
Same street · Lindsay Street
#163 / 286
Bottom 43% · Avg 1,175 sqft
Same area · North River Heights
#1,725 / 2,168
Bottom 20% · Avg 1,540 sqft
Citywide · Winnipeg
#127,831 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
352k
0255075100
Same streetBottom 16%Same areaBottom 10%CitywideBottom 47%
Same street · Lindsay Street
#241 / 286
Bottom 16% · Avg 423.8k
Same area · North River Heights
#1,949 / 2,168
Bottom 10% · Avg 479.3k
Citywide · Winnipeg
#103,191 / 194,458
Bottom 47% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetBottom 16%Same areaTop 23%CitywideBottom 22%

Lot Size

below average
3,963 sqft
0255075100
Same streetBottom 8%Same areaBottom 6%CitywideBottom 25%

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

234 Lindsay Street — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 402 m), 3 parks (nearest 357 m).

Search radius
🏫Education1
🌳Parks3
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 6/2017CA$250k–300k
Sold price

Same street

Bottom 20%

Same area

Bottom 7%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 234 Lindsay Street, Winnipeg

Property Overview: 234 Lindsay Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home is a 1,056 sqft bungalow built in 1945, situated on a 3,963 sqft lot in the established North River Heights neighborhood. Its primary appeal lies in its position as a competitively priced entry point into a desirable area. With an assessed value of $352,000, it sits notably below the average for both its street and neighborhood, suggesting potential value for a buyer comfortable with a home of this vintage.

The data reveals a thoughtful perspective: while the living space is modest and the lot is smaller than many in the area, the home is actually newer than most in North River Heights, ranking in the top 23% locally for its year built. This indicates it may have fewer of the extreme age-related concerns found in some neighboring properties. The appeal is one of balance and opportunity—it suits a practical buyer, perhaps a first-time homeowner, downsizer, or investor, who prioritizes location over size and sees potential in a solid, older home that is relatively young for its well-regarded community. It’s a property for those who value character and neighborhood vibe more than expansive square footage, and who are prepared for the maintenance typical of an 81-year-old structure.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While assessed value is used for property tax calculation and is a useful benchmark, it does not always equal market value. This home’s assessed value is below area averages, which can be attractive, but the final sale price will be determined by current market conditions, the home’s specific condition, and buyer demand.

2. How does the smaller lot size impact the property?
At approximately 3,963 sqft, the lot is smaller than many in North River Heights. This means less yard for gardening or expansion, but also translates to less exterior maintenance. It could be a benefit for those seeking a lower-maintenance property while still enjoying a detached home.

3. What should I consider about a home built in 1945?
Homes of this age often have character and solid construction, but likely require updates to major systems like plumbing, electrical, and insulation. A thorough inspection is essential to understand the condition of the roof, foundation, and any original components. Its 1945 build date makes it newer than many area homes, which is a relative advantage.

4. The home last sold in 2017. What does that history suggest?
A sale seven years ago indicates the current owners have had a stable tenure. It provides a previous price point (in the $250k-$300k range) for comparison, highlighting the market appreciation since then. It doesn’t, however, reveal what renovations or updates may have been completed during that ownership.

5. How does this property compare to others on Lindsay Street?
The data shows this home has a smaller living area and lot size than the street average, and a lower assessed value (ranking in the top 84%, meaning 84% of homes on the street are valued higher). This positions it as one of the more modest and potentially affordable options on the street, which is useful for buyers with a firm budget who want to live in this specific location.