72.7
Good
Property score
72.7
Good
Overall 72.7
Older than most nearby homes
1,420 sqft (bottom 47%)
Built in 1922 (15 yrs older than avg)
Located in a high-income area
with median household income of ~131k
Transit 80.0
5-min walk to transit with 3 nearby routes
Within 500m: 3 dining spots, 2 schools, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 90%French · 3%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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72.7 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: #46110382
$131K
Median household income
$145K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
27%
Single-person households
33%
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
287 Niagara Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 403 m), 2 education (nearest 156 m), 1 parks (nearest 490 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 41% | Top 38% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 287 Niagara Street, Winnipeg
Key Characteristics & Appeal
This home at 287 Niagara Street in North River Heights presents a compelling mix of established character and above-average valuation. Built in 1922, it is one of the older homes on its street, offering the classic charm and potential architectural details of its era. With 1,420 sqft of living space, it provides a comfortably sized layout that is very typical for the neighbourhood.
The property’s primary appeal lies in its strong assessed value of $574,000, which ranks within the top 17% of homes in North River Heights and the top 10% city-wide. This suggests it is perceived as a premium property within its market, likely due to factors like condition, updates, or specific location advantages not fully captured by the basic metrics. The lot, at 4,307 sqft, is slightly smaller than others in the immediate area but remains a good-sized urban parcel.
This home would suit a buyer who appreciates the established, tree-lined feel of North River Heights and is looking for a property with a solid valuation foundation. It’s ideal for someone not intimidated by the maintenance considerations of a century-old home but who sees value in its character and entrenched neighbourhood appeal. The data indicates it may be a sound choice for a buyer viewing real estate as a long-term investment in a desirable area, where the home already stands out in terms of official assessment.
Frequently Asked Questions
1. Why is the assessed value so much higher than the neighbourhood average?
A higher assessment often reflects significant updates, renovations, or premium lot features. It suggests the municipality recognizes a value in this property that exceeds the basic norms for its size and age, which can be a positive indicator of its condition or desirability.
2. What should I consider with a home built in 1922?
While offering charm, a home of this age requires diligent attention to aging components. A thorough inspection is essential to understand the state of major systems like wiring, plumbing, and the foundation, as well as the efficiency of windows and insulation.
3. How does the lot size compare and what does it mean for me?
The lot is slightly below the average for North River Heights but remains generous. It provides ample yard space for gardening or recreation while potentially requiring less maintenance than larger lots on the street.
4. The home last sold in 2017. How can I find out the exact sale price?
The site provides sold price ranges for reference. To obtain the exact historical sale figures and a verified transaction history, you can request that information directly via email through the provided form on the property page.
5. The living area is average for the area, but the value is high. Is that typical?
Not always. This discrepancy highlights that square footage is just one factor in valuation. The premium is likely driven by other qualities, such as high-end finishes, a desirable floor plan, landscaping, or a particularly quiet or convenient spot on the street.
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