Property score
61.8
Fair
Overall 61.8 · Smaller and older than most nearby homes
1,062 sqft (bottom 21%) · Built in 1925 (12 yrs older than avg)
Located in a high-income area with median household income of ~121k
Transit 80.0 · 4-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
Below average
31% smaller than neighborhood avg.
Year Built
Below average
12 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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61.8 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: #46110381
$121K
Median household income
$160K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.0
P90 / P10 ratio
30%
Single-person households
30%
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
256 Niagara Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 278 m), 2 education (nearest 175 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 18% | Bottom 25% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 256 Niagara Street, Winnipeg
Key Characteristics & Appeal
This is a well-established, century-old home in the desirable North River Heights neighborhood. With 1,062 sqft of living space on a 4,398 sqft lot, it presents a more compact and manageable footprint compared to many area homes. Its assessed value of $408k positions it as a more accessible entry point into the neighborhood, sitting below the local street and area averages but aligning closely with the wider city average.
The primary appeal lies in its location within a mature, sought-after community, offering the charm and potential of a character home without the premium price tag of larger, renovated properties on the same street. It suits first-time buyers or downsizers seeking a lower-maintenance property in a prime location, or investors attracted by the solid fundamentals of a classic Winnipeg neighborhood. A thoughtful perspective is that its smaller size and lot, while below area averages, translate to lower utility costs, less upkeep, and a cozier, more efficient layout—appealing traits for those prioritizing location and simplicity over sheer space.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is below the average for Niagara Street and North River Heights overall. However, it is very close to the average assessed value for the entire City of Winnipeg, suggesting it offers a chance to live in a premium area at a more city-typical price point.
2. Is the living space significantly smaller than other homes nearby?
Yes. At 1,062 sqft, the living area is notably smaller than the averages for both the street and the North River Heights area. This indicates a more compact, efficient home rather than a sprawling one, which can be a practical advantage.
3. What should I know about a home built in 1925?
Built 101 years ago, this home is older than most on its street and in the city. This classic charm comes with the expectation of ongoing maintenance and potential updates to systems like wiring, plumbing, or windows. A thorough inspection is essential.
4. How can I find out the exact price it last sold for?
The site shows a sold price range (CA$300k–350k) from June 2020. To obtain the exact sale price and full history, you must request a manual lookup via email, as this data is not sourced from the MLS system.
5. What does the land size mean for potential expansion or outdoor space?
The lot is just under 4,400 sqft, which is slightly below average for the area but still provides a decent backyard for a city home. Its size is typical for the street, but any future expansion like an addition would need to consider lot coverage bylaws.
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