Property score
77.6
Good
Overall 77.6 · Older than most nearby homes
1,700 sqft (top 32%) · 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 place of worship nearby
Living Area
Near average
10% larger 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
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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
272 Oak Street — 7 amenities found within 500 m, across 4 categories, including 3 dining (nearest 422 m), 2 education (nearest 171 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 26% | Top 20% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 272 Oak Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,700 sqft home, built in 1926, sits on a 4,824 sqft lot in the established North River Heights neighborhood. Its appeal lies in its balanced position within the market. The living space is above average for Winnipeg overall, offering solid room for a family, while the assessed value of $476k is modest compared to many homes on its own street. This creates an opportunity to own a character home in a desirable area at a value that is competitive citywide.
The home’s age (100 years) is its most distinctive characteristic, placing it among the older homes in the city. This will suit a buyer who appreciates classic architecture and is prepared for the maintenance or updates a century-old home may require. Conversely, it may not appeal to those seeking a modern, turn-key build. The lot size is typical for the area, offering decent outdoor space without being oversized.
This property would best suit a practical buyer looking for character in a prime location. It’s ideal for someone who sees value in the neighborhood first and is willing to invest in a home that may need gradual modernization. It represents a middle ground—not the largest or newest on the block, but a chance to enter a well-regarded community with a home that has strong fundamentals and room to add personal value.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is below the average for Oak Street ($548.4k) but aligns closely with the average for North River Heights ($479.3k). This suggests it may offer a more accessible entry point to this specific street while being priced typically for the wider area.
2. What should I consider with a home built in 1926?
While offering classic charm, a home of this age likely has older mechanical systems (like plumbing, wiring, and heating) and may require updates to windows, insulation, or the roof. A thorough inspection is essential to understand the condition and plan for any necessary investments.
3. The data shows it sold in September 2022. What does that mean?
The sold price from 2022 provides a historical benchmark, but it does not reflect the current market value or listing price. Market conditions can change significantly. You can request the exact historical sold price from the site via email for detailed research.
4. Is the living space sufficient for a growing family?
At 1,700 sqft, the home is larger than the Winnipeg city average (1,342 sqft) and provides ample space for a family. It is slightly smaller than the average home on Oak Street itself, so it’s worthwhile to consider the specific layout and room sizes during a viewing.
5. How does the lot size compare, and what are the implications?
The lot is just under 5,000 sqft, which is standard for North River Heights. It is smaller than the average city lot but provides a manageable yard space for gardening or recreation without excessive maintenance.
