Property score
80.1
Excellent
Overall 80.1 · Larger but older than most nearby homes
2,236 sqft (top 11%) · Built in 1919 (18 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, and 1 place of worship nearby
Living Area
Above average
45% larger than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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80.1 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: #46110664
$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
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
248 Elm Street — 3 amenities found within 500 m, across 3 categories, including 1 dining (nearest 467 m), 1 education (nearest 261 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 | Top 50% | Top 31% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 248 Elm Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, established value, and character. Its primary appeal lies in its generous 2,236 sqft of living area, which places it well above average for the neighbourhood and city. This is complemented by a strong assessed value of $650,000, ranking it in the top 5% citywide, indicating a premium property in a desirable location.
The home is one of the older on the street, built in 1919. This suggests classic architectural charm but also implies that its condition and any updates will be a primary focus for buyers. The lot size is smaller than most on Elm Street, which may mean a more manageable yard but less outdoor space relative to immediate neighbours.
This property would ideally suit buyers looking for a spacious, character home in a mature, established neighbourhood like North River Heights. It appeals to those who value above-average interior space over a large lot and are prepared to appreciate or maintain a century-old home. The strong value rankings make it a solid consideration for someone viewing real estate as a long-term investment in a prime area.
Frequently Asked Questions
1. What does the "Elite" top 5% citywide ranking for assessed value actually mean?
It means this home's official municipal assessed value is higher than approximately 95% of all residential properties in Winnipeg. This typically reflects a combination of its location, size, and market position, but it is not a direct market appraisal.
2. The house is much older than others on the street. What should I consider?
While it offers historic charm, key considerations will be the condition and age of major systems (roof, plumbing, electrical, foundation) and the extent of any modernizations. An older home on a street of newer ones can be unique, but a thorough inspection is essential.
3. The lot is smaller than most nearby. How significant is this?
On Elm Street, the lot is notably smaller. This likely means a more compact yard, which could be a positive for low-maintenance living but a limitation for those wanting extensive outdoor space, gardens, or large additions. It's a trade-off for the larger interior.
4. Can I see the exact historical sale price instead of the range?
The site provides sold price ranges for transparency. To obtain the exact sale price from the 2019 transaction, you must request it directly via email, as per the data notes provided.
5. How reliable are these comparisons and rankings?
The rankings are based on publicly available municipal assessment and property data, offering a consistent benchmark for comparison. They are useful for understanding how this property measures up statistically but should be one part of a broader evaluation that includes a physical viewing and professional advice.
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.
