241 Campbell Street

North River Heights, Winnipeg

Property score

57.6

Fair

Overall 57.6 · Smaller than most nearby homes

948 sqft (bottom 13%) · Built in 1927 (10 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Below average

10 yrs older 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

57.6 is composed by the two sections below.

Property Score

39.0Low
Living Area42
948 sqftLow
Year Built20
1927Low
Lot Size53
4,203 sqftFair
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

below average
948 sqft
0255075100
Same streetBottom 18%Same areaBottom 13%CitywideBottom 21%
Same street · Campbell Street
#326 / 400
Bottom 18% · Avg 1,299 sqft
Same area · North River Heights
#1,886 / 2,168
Bottom 13% · Avg 1,540 sqft
Citywide · Winnipeg
#153,474 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
302k
0255075100
Same streetBottom 6%Same areaBottom 3%CitywideBottom 30%
Same street · Campbell Street
#376 / 400
Bottom 6% · Avg 436.9k
Same area · North River Heights
#2,109 / 2,168
Bottom 3% · Avg 479.3k
Citywide · Winnipeg
#136,482 / 194,458
Bottom 30% · Avg 390.1k

Year Built

around average
1927
0255075100
Same streetBottom 17%Same areaBottom 32%CitywideBottom 16%

Lot Size

below average
4,203 sqft
0255075100
Same streetBottom 13%Same areaBottom 9%CitywideBottom 29%

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

241 Campbell Street — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 497 m), 1 education (nearest 255 m), 1 parks (nearest 496 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks1
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 2/2024CA$250k–300k
Sold price

Same street

Bottom 11%

Same area

Bottom 7%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 241 Campbell Street, Winnipeg

Property Overview: 241 Campbell Street, North River Heights

Key Characteristics & Appeal

This home at 241 Campbell Street is a classic, compact bungalow built in 1927, situated on a 4,203 sqft lot in the established North River Heights neighborhood. Its primary appeal lies in being an accessible entry point into a desirable area. With a living area of 948 sqft, it is notably smaller than most homes on its street and in the wider neighborhood, positioning it as a more affordable option. The assessed value of $302k is significantly below the local area averages but aligns more closely with the Winnipeg city-wide average, highlighting its value-for-location proposition.

This property would best suit first-time buyers, downsizers, or practical investors seeking a foothold in a prime neighborhood without a premium price tag. Its smaller scale means lower maintenance and utility costs, a thoughtful trade-off for the location. The lot size, while below area averages, still offers good outdoor space for a home of this size. A less obvious perspective is that its "below-average" metrics for the immediate area could represent a long-term opportunity; as larger, older homes on the street are redeveloped, this well-sized lot with a modest structure holds potential for future updates or expansion, subject to regulations.

Frequently Asked Questions

1. Why is the assessed value so much lower than other homes on the street?
The assessed value reflects the home's smaller size (948 sqft), older age, and likely more modest finishes compared to larger, renovated, or newer homes on Campbell Street. It is primarily a function of the physical characteristics of the property itself.

2. What does the sold price range (CA$250k–300k) tell me?
This indicates the home sold for between $250,000 and $300,000 in February 2024. This range is consistent with its assessed value being below area averages, confirming it as a competitively priced option for the neighborhood.

3. Is the smaller living area a major drawback?
It depends on your needs. For a single person, couple, or downsizer, 948 sqft can be efficient and manageable. It is a compromise that makes the North River Heights location attainable, but may not suit those requiring more space for a growing family or home offices.

4. How does the year built (1927) affect the property?
A home from 1927 comes with character and likely solid construction, but prospective buyers should budget for potential updates to older mechanical systems (like plumbing or wiring), windows, and insulation. A thorough inspection is essential.

5. Are the "below average" rankings a bad sign?
Not necessarily. These rankings compare the home against all others in the defined area. For a buyer, they clearly explain the price point. You are purchasing location and lot potential, with a home that is functionally sound but not the largest or most modern on the block.