244 Oak Street

North River Heights, Winnipeg

Property score

78.7

Good

Overall 78.7 · Larger but older than most nearby homes

1,882 sqft (top 21%) · Built in 1925 (12 yrs older than avg)

Located in a high-income area with median household income of ~162k

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

Above average

22% larger than neighborhood avg.

Year Built

Below average

12 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

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

78.7 is composed by the two sections below.

Property Score

68.2Good
Living Area1,882 sqft89Excellent
Year Built192520Low
Lot Size4,824 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

94.4Excellent
Household Income95Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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
1,882 sqft
0255075100
Same streetTop 35%Same areaTop 21%CitywideTop 14%
Same street · Oak Street
#89 / 255
Top 35% · Avg 1,734 sqft
Same area · North River Heights
#464 / 2,168
Top 21% · Avg 1,540 sqft
Citywide · Winnipeg
#27,390 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
584k
0255075100
Same streetTop 29%Same areaTop 15%CitywideTop 9%
Same street · Oak Street
#74 / 255
Top 29% · Avg 548.4k
Same area · North River Heights
#328 / 2,168
Top 15% · Avg 479.3k
Citywide · Winnipeg
#17,815 / 194,458
Top 9% · Avg 390.1k

Year Built

below average
1925
0255075100
Same streetBottom 18%Same areaBottom 23%CitywideBottom 15%

Lot Size

around average
4,824 sqft
0255075100
Same streetBottom 46%Same areaTop 37%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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

244 Oak Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 369 m), 2 education (nearest 237 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%

Sales History

Sold 4/2021CA$450k–500k
Sold price

Same street

Top 45%

Same area

Top 34%

City-wide

Top 21%

Related homes

Highlights & common questions: 244 Oak Street, Winnipeg

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

Section 1: Key Characteristics & Appeal

This home at 244 Oak Street is a well-established property in the desirable North River Heights neighborhood. Built in 1925, it offers a generous 1,882 sqft of living space on a 4,824 sqft lot. The data indicates its primary appeal lies in its above-average size and value relative to the broader market. Its living area and assessed value rank consistently in the top tiers city-wide and within the neighborhood, suggesting a solid, spacious home in a mature setting.

The property would suit buyers looking for character in a prime location, who appreciate the space and established nature of an older home. It’s particularly fitting for those who value a neighborhood with history and don’t mind a home that is older than most on its street. The numbers suggest you are paying for the desirable location and the generous interior space, rather than a new build or an exceptionally large lot. A thoughtful perspective is that this home represents a classic Winnipeg trade-off: a higher assessed value driven by its location and living area, with the understanding that a century-old home may come with different maintenance considerations and renovation potential compared to a newer property.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value of $584k is above average for Oak Street, the North River Heights area, and significantly above the Winnipeg city-wide average. This indicates it is a higher-value property within its context.

2. Is the house unusually old for the area?
Yes. Built in 1925, it is older than most homes on Oak Street and in North River Heights. This suggests it is one of the original homes in the area, which can mean classic construction and character, but also potential updates.

3. How spacious is the property compared to others?
The living space is a key strength. At 1,882 sqft, it is above average for the neighborhood and city. The lot size of 4,824 sqft, however, is around the average for the area, meaning the appeal is in the home’s interior size rather than an expansive yard.

4. What is known about the last sale?
Records show it sold in April 2021 for between $450,000 and $500,000. The current assessed value is higher, reflecting market changes and the city’s valuation. For verified, exact sale history, you must request the information directly via email.

5. Where can I see more detailed comparisons?
You can open the neighborhood analysis page to see this property on a map alongside nearby homes, comparing year built, living area, value, and lot size in a visual format.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.