285 Elm Street

North River Heights, Winnipeg

Property score

81.4

Excellent

Overall 81.4 · Larger than most nearby homes

2,196 sqft (top 12%) · Built in 1930 (7 yrs older than avg)

Located in a high-income area with median household income of ~155k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 sports facility, and 1 place of worship nearby

Living Area

Above average

43% larger than neighborhood avg.

Year Built

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 90%Chinese · 1%

Past 10 years North River Heights sales snapshot (~80% of all data)

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

Need help understanding this property?

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

Property score

81.4 is composed by the two sections below.

Property Score

71.6Good
Living Area94
2,196 sqftExcellent
Year Built22
1930Low
Lot Size60
4,822 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

96.0Excellent
Household Income94
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110383

Community deep dive

$155K

Median household income

$196K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

15%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)532
Labour force participation rate78%
Median age42.4
Avg household size2.7
Unemployment rate7%
Population density3325 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children41%
Median household income (2020)$155K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)83%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Chinese · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,196 sqft
0255075100
Same streetTop 17%Same areaTop 12%CitywideTop 7%
Same street · Elm Street
#43 / 258
Top 17% · Avg 1,723 sqft
Same area · North River Heights
#254 / 2,168
Top 12% · Avg 1,540 sqft
Citywide · Winnipeg
#12,955 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
557k
0255075100
Same streetTop 29%Same areaTop 19%CitywideTop 12%
Same street · Elm Street
#74 / 258
Top 29% · Avg 520.8k
Same area · North River Heights
#403 / 2,168
Top 19% · Avg 479.3k
Citywide · Winnipeg
#23,044 / 194,458
Top 12% · Avg 390.1k

Year Built

around average
1930
0255075100
Same streetBottom 40%Same areaBottom 48%CitywideBottom 18%

Lot Size

around average
4,822 sqft
0255075100
Same streetBottom 43%Same areaTop 42%CitywideBottom 40%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

285 Elm Street — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 493 m), 1 education (nearest 158 m).

Search radius
🍽️Dining1
🏫Education1
💪Sports1
Worship1

Crime & Safety

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%

Sales History

Sold 12/2019CA$400k–450k
Sold price

Same street

Bottom 37%

Same area

Top 40%

City-wide

Top 23%

Related homes

Highlights & common questions: 285 Elm Street, Winnipeg

Property Overview: 285 Elm Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 285 Elm Street is a spacious, character property built in 1930, situated on a standard-sized lot in the established North River Heights neighborhood. Its primary appeal lies in its generous scale. With 2,196 sqft of living area, it ranks in the top 12% of homes in the area and the top 7% city-wide, offering significantly more interior space than the average Winnipeg house. This is complemented by an assessed value of $557,000, which is also above average for the city and neighborhood, suggesting a solid level of finish and desirability.

The property suits buyers looking for a classic, roomy home in a mature community without needing an exceptionally large yard. It’s ideal for those who prioritize interior space for a growing family, a home office, or simply more room to breathe. A thoughtful perspective is that while the home is older, its size and value metrics outperform many newer builds in the broader market, offering a unique blend of character and substantial square footage that can be harder to find in modern subdivisions. The last known sale was between $400k-$450k in late 2019, indicating potential for equity growth given current assessments.

Frequently Asked Questions

1. How does the home’s age affect its value and potential?
Built in 1930, the home is around the average age for its street and neighborhood. This typically means charm and established landscaping, but buyers should budget for updates to older mechanical systems, windows, or insulation to improve energy efficiency, which is a common consideration for homes of this era.

2. Is the lot size a limitation?
At 4,822 sqft, the lot is very typical for North River Heights. It provides adequate outdoor space for gardening or recreation but is not an oversized property. The appeal here is weighted more toward the interior space than expansive grounds.

3. The assessed value seems high compared to the 2019 sale price. What does this mean?
The $557k assessment reflects the city’s current valuation for taxation, influenced by market trends and improvements. The sale price from 2019 is a historical data point. The difference highlights the market appreciation over that period, but the actual market value would be determined by current conditions and buyer competition.

4. What do the ranking percentages (e.g., Top 12%) actually tell me?
They show how this property compares to others. For example, its living area is larger than 88% of homes in North River Heights (top 12%). This quantifies that one of this home’s standout features is its above-average interior space within a desirable context.

5. How can I get the exact historical sale prices?
The displayed sale price is an estimated range. Due to industry regulations, exact sale figures are not published online here. You can request the precise sale history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.