Property score
84.3
Excellent
Overall 84.3 · Larger and newer than most nearby homes
2,714 sqft (top 3%) · Built in 1944 (7 yrs newer than avg)
Located in a high-income area with median household income of ~162k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 sports facility, and 1 place of worship nearby
Living Area
Above average
76% larger than neighborhood avg.
Year Built
Above average
7 yrs newer 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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84.3 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
271 Montrose Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 258 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 6% | Top 9% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 271 Montrose Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home presents a compelling opportunity in the sought-after North River Heights neighborhood. Its primary appeal lies in its generous scale and premium positioning within the market. With 2,714 sqft of living space, the home is significantly larger than most, ranking in the top 3% of the neighborhood and top 2% city-wide. It sits on a substantial 6,001 sqft lot, offering ample outdoor space that is well above the area average. Built in 1944, the property is a classic, mature home typical for the street and area, suggesting established character and landscaping.
The assessed value of $730,000 firmly places it among the more premium homes in its context, ranking in the top 5% of North River Heights. This indicates a property that has been upgraded, is in excellent condition, or possesses desirable features that set it apart. Its last recorded sale was between $650,000-$700,000 in mid-2022, a price range that was in the top 4% city-wide at the time.
This property would best suit buyers looking for established character, space, and a prime location. It’s ideal for a family needing room to grow, or for someone seeking a home with a proven investment pedigree in a stable, prestigious area. It appeals to those who value a home that stands out in size and value within its community, rather than a newer construction.
Frequently Asked Questions
1. What does the high assessed value relative to the neighborhood indicate?
A value ranking in the top 5% for North River Heights suggests the home has features, renovations, or a condition that places it at the upper tier of this desirable area. It’s a marker of a premium property within an already premium location.
2. The home was built in 1944. What should I consider?
While the age is typical for the street, a home from this era may have original systems like plumbing or electrical that require updating. However, this vintage also often comes with sought-after craftsmanship, solid construction, and mature gardens that newer homes can’t replicate.
3. How does the lot size compare, and what are the implications?
At over 6,000 sqft, the lot is notably larger than most in North River Heights (top 13%). This allows for greater privacy, potential for additions like a garage or deck, and more green space, which is a key differentiator in mature neighborhoods.
4. The sold price data is from 2022 and shown as a range. Why?
Publicly available non-MLS data is used, and for privacy, exact figures require a manual request. The 2022 sale price provides a historical benchmark, but current market conditions will determine today’s value. The range shown ($650k-$700k) was in the top tier of the market at that time.
5. The home ranks "below average" for year built city-wide. Is that a concern?
Not for this property type. This city-wide ranking simply reflects that most Winnipeg homes are newer, built in post-war suburbs. In the context of established, inner-city neighborhoods like North River Heights, a 1944 build is common and often desirable for its character and location.
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