242 Ash Street

North River Heights, Winnipeg

Property score

67.5

Good

Overall 67.5 · Smaller than most nearby homes

1,222 sqft (bottom 29%) · Built in 1927 (10 yrs older than avg)

Located in a high-income area with median household income of ~121k

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

Below average

21% smaller than neighborhood avg.

Taon ng Paggawa

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

67.5 is composed by the two sections below.

Property Score

54.4Fair
Living Area66
1,222 sqftGood
Taon ng Paggawa20
1927Low
Lupa60
4,823 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

87.1Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress63
Fair
Core Housing Need63
Fair
Employment Health90
Excellent

Istatistika ng benta ng komunidad

North River Heights

How to read: Share of sales in each ~$50k price band for “north river heights” (Detached na bahay (hindi 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: #46110381

Community deep dive

$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

Population, labour & age

Population (2021)400
Labour force participation rate79%
Median age46.0
Avg household size2.2
Unemployment rate7%
Population density3333 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children30%
Median household income (2020)$121K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority3%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 1%

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

Mga ranggo

Living Area

karaniwan
1,222 sqft
0255075100
Same streetBottom 20%Same areaBottom 29%CitywideTop 48%
Same street · Ash Street
#284 / 356
Bottom 20% · Avg 1,605 sqft
Same area · North River Heights
#1,535 / 2,168
Bottom 29% · Avg 1,540 sqft
Citywide · Winnipeg
#93,411 / 194,458
Top 48% · Avg 1,342 sqft

Assessed Value

karaniwan
434k
0255075100
Same streetBottom 40%Same areaBottom 43%CitywideTop 31%
Same street · Ash Street
#214 / 356
Bottom 40% · Avg 505.2k
Same area · North River Heights
#1,233 / 2,168
Bottom 43% · Avg 479.3k
Citywide · Winnipeg
#60,733 / 194,458
Top 31% · Avg 390.1k

Taon ng Paggawa

karaniwan
1927
0255075100
Same streetBottom 21%Same areaBottom 32%CitywideBottom 16%

Lupa

karaniwan
4,823 sqft
0255075100
Same streetBottom 47%Same areaTop 40%CitywideBottom 40%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

242 Ash Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 255 m), 2 education (nearest 282 m).

Search radius
🍽️Dining3
🏫Education2
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%

Kasaysayan ng Benta

242 Ash Street: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 242 Ash Street, Winnipeg

Property Overview: 242 Ash Street, North River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This 1927 character home in North River Heights presents a practical opportunity. With 1,222 sqft of living space, it is notably more compact than many neighbouring homes on Ash Street, yet it sits on a solid, near-average 4,823 sqft lot. Its municipal assessed value of $434k positions it as a mid-range option within the immediate area, but it represents a value proposition when viewed citywide, where average assessments are lower.

The primary appeal lies in its location within a desirable, established neighbourhood, coupled with a lot size that offers potential. The home suits buyers looking for an entry point into North River Heights who are comfortable with a property that may require updates or an addition to align with the larger home sizes on the street. It’s also a fit for those seeking a lower-maintenance footprint without sacrificing yard space, or for strategic buyers who see value in the underlying land and the possibility of a future renovation or expansion. A thoughtful perspective is that its "below average" size for the street could translate to relatively lower property taxes and utility costs compared to its neighbours, offering a way to enjoy the area with slightly reduced carrying costs.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to others in the area?
At 1,222 sqft, the living area is smaller than the average for both Ash Street and the broader North River Heights neighbourhood. However, it is very close to the average home size across the entire city of Winnipeg.

2. Is the assessed value in line with the neighbourhood?
Yes. The $434k assessment is around the average for both Ash Street and North River Heights. It is above the citywide average, reflecting the premium for the location.

3. What is the significance of the lot size?
The 4,823 sqft lot is a key feature. It is comparable to many lots in the area and provides ample outdoor space, which is less common in newer developments. This offers room for gardens, recreation, or potential future expansion.

4. Are sold price histories available for this property?
Sold price data is not displayed automatically on this listing due to industry regulations. You can request exact historical transaction figures by email via the "Request exact figures" button on the detail page, and the team will provide them manually.

5. The home was built in 1927. What should I consider?
As a home nearing 100 years old, a thorough inspection is essential to understand the condition of core systems like wiring, plumbing, and the foundation. This age is typical for the neighbourhood, and many homes have been successfully updated, but budgeting for potential maintenance or renovations is prudent.