Property score
73.6
Good
Overall 73.6 · Older than most nearby homes
1,436 sqft (bottom 48%) · Built in 1926 (11 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
7% smaller than neighborhood avg.
Year Built
Below average
11 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
73.6 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
266 Oak Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 404 m), 2 education (nearest 193 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 29% | Top 22% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 266 Oak Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home is a classic 1926 residence in the established North River Heights neighborhood. With 1,436 sqft of living space on a 4,824 sqft lot, its size is comfortably average for the local area but stands above the typical Winnipeg home. Its primary appeal lies in its strong value proposition within a desirable neighborhood. The assessed value of $562k is notably above average for both the wider city and North River Heights itself, suggesting a perception of quality and location that outpaces many peers. This creates an interesting dynamic: you are acquiring a century-old character home that holds a premium position in the market.
The property suits buyers looking for a solid, no-surprises investment in a prime neighborhood without the footprint of a massive estate. It’s ideal for someone who appreciates the character of an older home and values a lot size that allows for garden space without excessive maintenance. A thoughtful perspective is that while the home is older than most on its street, its assessed value has not suffered for it; this can indicate enduring quality, desirable architectural details, or a location within the neighborhood that holds particular appeal. The recent sale in 2023 within the $500k-$550k range provides a concrete, modern benchmark for its market value.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While not a guarantee, it is a strong indicator. The assessed value of $562k is significantly above the citywide average, and the home sold for between $500k and $550k in late 2023. This consistency suggests the property is valued by the market for its location and attributes.
2. How does the age of the home (built in 1926) factor into its value and appeal?
The home is older than most in its immediate area and the city. This typically implies potential for character and mature landscaping, but buyers should budget for updates to older mechanical systems, windows, or insulation. The fact that its value remains high indicates these factors are likely already reflected in its price.
3. The living area is noted as "around average" for the neighborhood. Does that mean it's small?
Not at all. At 1,436 sqft, it is very close to the North River Heights average (1,540 sqft) and is actually larger than the average Winnipeg home. It offers a comfortable size that is efficient to maintain and heat, which can be a practical advantage.
4. What does the lot size mean for potential expansion or outdoor space?
At just under 5,000 sqft, the lot is a good size for the area. It provides ample private outdoor space for gardening and recreation. Whether it allows for an addition or major expansion would depend on specific zoning bylaws and the current footprint of the house, which would require further investigation.
5. How can I find out the exact price it sold for in 2023?
The site provides sold price ranges for non-registered users. To obtain the exact sale figure, you must request it directly via email from the service, as they manually look up and provide this data due to industry regulations that prevent its direct publication.
