244 Elm Street

North River Heights, Winnipeg

Property score

79.9

Good

Overall 79.9 · Larger but older than most nearby homes

2,144 sqft (top 13%) · Built in 1921 (16 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: 2 dining spots, 1 school, and 1 place of worship nearby

Living Area

Above average

39% larger than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 89%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

79.9 is composed by the two sections below.

Property Score

70.2Good
Living Area94
2,144 sqftExcellent
Year Built20
1921Low
Lot Size53
4,423 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

94.4Excellent
Household Income95
Excellent
Education Level100
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

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: #46110664

Community deep dive

$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

Population, labour & age

Population (2021)460
Labour force participation rate76%
Median age43.2
Avg household size2.8
Unemployment rate14%
Population density3833 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children39%
Median household income (2020)$162K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$528K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority8%
Bachelor's or higher (25–64)64%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
2,144 sqft
0255075100
Same streetTop 19%Same areaTop 13%CitywideTop 8%
Same street · Elm Street
#48 / 258
Top 19% · Avg 1,723 sqft
Same area · North River Heights
#284 / 2,168
Top 13% · Avg 1,540 sqft
Citywide · Winnipeg
#14,755 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
608k
0255075100
Same streetTop 19%Same areaTop 13%CitywideTop 7%
Same street · Elm Street
#50 / 258
Top 19% · Avg 520.8k
Same area · North River Heights
#276 / 2,168
Top 13% · Avg 479.3k
Citywide · Winnipeg
#14,357 / 194,458
Top 7% · Avg 390.1k

Year Built

below average
1921
0255075100
Same streetBottom 12%Same areaBottom 10%CitywideBottom 13%

Lot Size

around average
4,423 sqft
0255075100
Same streetBottom 21%Same areaBottom 27%CitywideBottom 33%

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

244 Elm Street — 4 amenities found within 500 m, across 3 categories, including 2 dining (nearest 452 m), 1 education (nearest 279 m).

Search radius
🍽️Dining2
🏫Education1
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 12/2022CA$600k–650k
Sold price

Same street

Top 19%

Same area

Top 11%

City-wide

Top 5%
Sold 10/2017CA$400k–450k
Sold price

Same street

Bottom 36%

Same area

Top 42%

City-wide

Top 25%

Related homes

Highlights & common questions: 244 Elm Street, Winnipeg

Property Overview: 244 Elm Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of space, established value, and location. Its primary strength is its generous 2,144 sqft of living area, which places it comfortably within the top 20% of homes on its own street and in the wider North River Heights area. This above-average interior space is matched by an assessed value ($608,000) that also ranks in the top tier locally, suggesting the property is positioned well within its market.

The appeal lies in acquiring a notably spacious home in a desirable established neighbourhood. While built in 1921, making it older than most in the area, this often translates to character, mature landscaping, and a settled streetscape. The lot size is slightly below average for North River Heights but is typical city-wide. Recent sale history shows strong value appreciation, with its last sold price ranking significantly higher city-wide than its previous sale.

This property would suit buyers prioritizing interior square footage over a vast yard, and who appreciate the charm and stability of an older home in a prime neighbourhood. It’s ideal for someone looking for a "move-in ready" size without needing a new-build, and for those who see value in a home that has already demonstrated substantial market growth.

Frequently Asked Questions

1. What does the "above average" ranking for Assessed Value actually mean?
It means this home’s municipal assessment is higher than most comparable properties. On Elm Street, it’s in the top 19%, and in North River Heights, it’s in the top 13%. This typically reflects the market’s view of the property’s worth relative to its location and features.

2. The home is older than most in the area. Should I be concerned?
An older home (1921) comes with considerations like potential maintenance or system updates, but also often features build quality and design details not found in newer homes. Its enduring value in a sought-after neighbourhood indicates these factors are balanced by its location, size, and lot.

3. How reliable are the sold price ranges shown?
The displayed price ranges are based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via email from the site, which they provide without using your information for marketing.

4. The lot size is noted as "below average" for the area. How significant is this?
At 4,423 sqft, the lot is smaller than the North River Heights average (~5,054 sqft) but is close to the average for the city overall. This suggests a more efficient use of land, potentially with less yard maintenance, while still providing outdoor space.

5. Can I see how this property compares visually to its neighbours?
Yes. The site offers a neighbourhood analysis page that maps nearby houses, allowing you to compare this property with others in terms of year built, living area, assessed value, and lot size directly on a map.