Property score
75.1
Good
Overall 75.1 · Older than most nearby homes
1,560 sqft (top 42%) · Built in 1922 (15 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: 3 dining spots, 1 school, 1 sports facility, and 1 place of worship nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Below average
15 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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75.1 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
251 Elm Street — 6 amenities found within 500 m, across 4 categories, including 3 dining (nearest 442 m), 1 education (nearest 206 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 34% | Top 44% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 251 Elm Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 251 Elm Street is a classic North River Heights property built in 1922, offering a blend of established character and practical space. With 1,560 square feet of living area, it provides above-average space compared to the typical Winnipeg home, while sitting on a near-half-acre lot (4,824 sq ft) that is very typical for its desirable neighborhood. Its assessed value of $480,000 positions it as an above-average property citywide, but very much in line with the averages for North River Heights and Elm Street itself, suggesting a fair and stable valuation within a sought-after area.
The appeal here is one of balance and location. It’s a home that offers more interior space than many in the city, within a mature neighborhood known for its charm and convenience. A thoughtful perspective is that its 1922 vintage, while older than most, is typical for the area and represents the architectural heritage many seek in River Heights. The data indicates you are buying into a stable, established street where values are consistent. This property would suit a buyer looking for a character home in a prime neighborhood without the premium for a massive or recently renovated lot, and who appreciates having space both inside and out that exceeds Winnipeg norms.
Frequently Asked Questions
How does the home’s age affect value and maintenance?
Built in 1922, the home is older than 86% of properties in Winnipeg. This typically means potential for classic architectural details but also suggests buyers should budget for updates to older systems (like plumbing or wiring) and a thorough inspection to understand the condition of the original structure.
Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $480,000 is used for property tax calculation. While it’s a useful benchmark—showing the home is valued above the city average—the actual market price is determined by current buyer demand, condition, and recent sales. The home last sold between $400k-$450k in 2016.
How does the lot size compare?
At 4,824 sq ft, the lot is slightly below the average for Elm Street but very typical for North River Heights. It offers a substantial yard by city-wide standards, providing good outdoor space without the extensive upkeep of a much larger lot.
What do the "Top %" rankings mean for this home?
These rankings compare this property to others. For example, its living area is in the top 27% citywide (larger than 73% of Winnipeg homes), but ranks closer to average within its own neighborhood. This highlights that you are purchasing in an area where larger, established homes are the norm.
How can I find out the exact past sale prices?
The site provides sold price ranges for transparency. To obtain the exact historical sale figures, which are not displayed due to industry data rules, you must request them directly via email from the service for a manual lookup.
