Property score
77.6
Good
Overall 77.6 · Compared with neighbourhood average
1,702 sqft (top 32%) · Built in 1927 (10 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 schools, 1 sports facility, and 1 fuel station nearby
Living Area
Near average
11% larger than neighborhood avg.
Year Built
Below average
10 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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77.6 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
262 Oak Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 395 m), 2 education (nearest 204 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 38% | Top 48% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 262 Oak Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 262 Oak Street is a well-established property in the desirable North River Heights neighbourhood. Built in 1927, it offers 1,702 sqft of living space on a 4,824 sqft lot. The data presents a picture of a solid, above-average offering within the wider Winnipeg market. Its assessed value of $548k ranks within the top 20% for the area and top 13% city-wide, indicating a premium position relative to many other homes. The living space is comfortably above the city-wide average, providing ample room.
The appeal lies in its strong neighbourhood positioning and the value it represents. It’s a home that holds its own on its street while offering more space and a higher assessed value than many properties across Winnipeg. It suits buyers looking for character in a mature, sought-after area, who appreciate a home with established roots and a lot size that allows for garden space and privacy. A thoughtful perspective is that while the home is older, this often comes with mature landscaping, built-in character, and a settled streetscape that newer subdivisions can’t immediately replicate. It’s ideal for someone who values community history and a stable investment in a prime area over a brand-new build.
Frequently Asked Questions
1. How does this home truly compare to others in North River Heights?
The data shows it’s above average for the neighbourhood in terms of assessed value (top 20%) and living area (top 32%). This suggests you are getting a home that is both more valuable and slightly larger than many area properties.
2. The home was built in 1927. What should I consider?
While the structure is sound and has stood for nearly a century, a home of this age will likely have older mechanical systems (like plumbing or electrical) and will require a diligent inspection. The potential for charming original details is balanced by the need for prudent maintenance and updates.
3. What does the sold price history from 2016 tell us?
The home sold for between $400k-$450k in 2016. The increase to its current $548k assessed value reflects market appreciation over eight years. This history indicates a property that has grown in value, consistent with trends in established neighbourhoods.
4. Is the lot size a pro or a con?
At 4,824 sqft, the lot is slightly below the average for Oak Street but very close to the average for North River Heights. It provides a generous urban yard—large enough for outdoor living and gardening without the extensive maintenance of a much larger plot.
5. How reliable is this comparative data?
The rankings are based on publicly available assessment and sale data, providing a useful benchmark. For complete accuracy, especially for exact historical sale prices, verified figures should be requested directly, as the site notes it does not use MLS data.
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