73.1
Good
Property score
73.1
Good
Overall 73.1
Older than most nearby homes
1,553 sqft (top 43%)
Built in 1923 (14 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
Near average
1% larger than neighborhood avg.
Year Built
Below average
14 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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73.1 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: #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
253 Niagara Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 288 m), 2 education (nearest 123 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 31% | Top 31% | Top 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 46% | Top 49% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 253 Niagara Street, Winnipeg
Key Characteristics & Appeal
This home at 253 Niagara Street in North River Heights presents a solid, character-filled property built in 1923. Its primary appeal lies in its strong value proposition and established neighbourhood setting. With 1,553 square feet of living space, the home offers above-average roominess compared to the Winnipeg average, while its 4,320 sqft lot provides a generous urban yard.
The standout feature is its assessed value of $547,000, which ranks consistently in the top 20% against immediate neighbours, the broader North River Heights area, and city-wide benchmarks. This suggests a property that is perceived to have superior features, condition, or location within its peer groups. While its 1923 build date means it is older than most comparable homes, this also indicates a classic structure with potential for heritage charm. Recent sale history shows steady value appreciation.
This property would suit buyers looking for a established home in a desirable neighbourhood who appreciate space and character. It’s ideal for someone not intimidated by the maintenance considerations of a century-old home but who values the stability and maturity of North River Heights. The data suggests it’s a competitively positioned asset for its area, appealing to long-term owners seeking a sound investment in a prime location.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It indicates that the municipal property assessment for this home is higher than most similar properties on its street, in the neighbourhood, and across Winnipeg. This generally reflects factors like lot value, home size, condition, and improvements, and can signal a premium property in its category.
2. As a home from 1923, what should I be mindful of?
While offering classic charm, a home of this age will likely have older infrastructure. Prospective buyers should pay special attention to the condition of the foundation, plumbing, electrical systems, and roof. A thorough inspection is essential to understand any needed updates or potential heritage restoration considerations.
3. How does the lot size compare for the area?
At 4,320 sqft, the lot is slightly below the average for North River Heights but is very close to the average for Niagara Street itself. This means you get a yard typical for this specific, sought-after street, which may have a more established, compact feel compared to newer subdivisions.
4. The home last sold in 2020 and 2017. Is that frequent?
Two sales in seven years is slightly more frequent than average for a stable neighbourhood. It doesn't necessarily indicate a problem; it could reflect life changes for the past owners. Reviewing the detailed sale price history (available by request) can provide clearer context on its market trajectory.
5. How can I get the exact past sale prices?
Due to data distribution rules, exact sale prices are not published publicly on the site. You can request the full transaction history by email using the provided form. The service will manually look up and provide the exact figures at no cost.
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