59.8
Fair
Property score
59.8
Fair
Overall 59.8
Smaller than most nearby homes
964 sqft (bottom 15%)
Built in 1927 (10 yrs older than avg)
Located in a high-income area
with median household income of ~124k
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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59.8 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: #46110380
$124K
Median household income
$158K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
21%
Single-person households
32%
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
243 Niagara Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 253 m), 2 education (nearest 134 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 15% | Bottom 20% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 243 Niagara Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This is a compact, character home built in 1927, situated on a standard-sized lot in the established North River Heights neighbourhood. Its key appeal lies in its position as a relatively affordable entry point into a desirable area. With a living area of 964 sq ft, the home is notably smaller than most on its street and in the neighbourhood, suggesting a cozy, efficient layout that may suit those looking to downsize or seeking a lower-maintenance property. The assessed value of $396k is below the local area average but aligns closely with the Winnipeg city-wide average, indicating good value for the location.
The home would best suit first-time buyers, downsizers, or investors seeking a character property in a prime neighbourhood without the premium price tag of a larger home. A thoughtful perspective is that its smaller size and older vintage, while less modern, offer an opportunity for gradual, personalized updates. Compared to newer builds, it likely carries lower property taxes due to its assessment, and its established lot provides mature greenery and a settled streetscape.
Frequently Asked Questions
1. How does the home's size compare to others in the area?
At 964 sq ft, the living area is below average for Niagara Street and the wider North River Heights neighbourhood, placing it in the smaller third of homes. This indicates a cozy layout.
2. Is the assessed value considered high for this property?
The $396k assessment is below the average for both Niagara Street and North River Heights. However, it is very close to the city-wide average, suggesting the price reflects a balance of a smaller home in a sought-after location.
3. What is the history of sales for this property?
It was last sold in October 2020, with the public record indicating a price in the $300k-$350k range. For verified, exact historical sale figures, a manual lookup can be requested.
4. How does the lot size compare?
The 4,320 sq ft lot is slightly below average for North River Heights but is around the average for the street itself, offering a typical outdoor space for the immediate area.
5. What are similar nearby properties for reference?
Directly comparable homes include 290 Niagara Street (built 1925, 960 sq ft, assessed at $423k). The listing also shows nearby homes with similar assessed values in other neighbourhoods, such as Varsity View and Elmhurst.
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