292 Ash Street

North River Heights, Winnipeg

Property score

70.2

Good

Overall 70.2 · Older than most nearby homes

1,422 sqft (bottom 47%) · Built in 1919 (18 yrs older than avg)

Located in a high-income area with median household income of ~121k

Transit 70.0 · 6-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

8% smaller than neighborhood avg.

Year Built

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 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

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Property score

70.2 is composed by the two sections below.

Property Score

59.0Fair
Living Area1,422 sqft75Good
Year Built191916Low
Lot Size4,823 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

87.1Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress63Fair
Core Housing Need63Fair
Employment Health90Excellent

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: #46110381

Community deep dive

$121K

Median household income

$160K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

5.0

P90 / P10 ratio

30%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)400
Labour force participation rate79%
Median age46.0
Avg household size2.2
Unemployment rate7%
Population density3333 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households30%
Couple families with children30%
Median household income (2020)$121K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$452K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority3%
Bachelor's or higher (25–64)60%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

around average
1,422 sqft
0255075100
Same streetBottom 48%Same areaBottom 47%CitywideTop 35%
Same street · Ash Street
#185 / 356
Bottom 48% · Avg 1,605 sqft
Same area · North River Heights
#1,147 / 2,168
Bottom 47% · Avg 1,540 sqft
Citywide · Winnipeg
#67,125 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
458k
0255075100
Same streetTop 48%Same areaTop 45%CitywideTop 27%
Same street · Ash Street
#170 / 356
Top 48% · Avg 505.2k
Same area · North River Heights
#977 / 2,168
Top 45% · Avg 479.3k
Citywide · Winnipeg
#52,491 / 194,458
Top 27% · Avg 390.1k

Year Built

below average
1919
0255075100
Same streetBottom 3%Same areaBottom 7%CitywideBottom 12%

Lot Size

around average
4,823 sqft
0255075100
Same streetBottom 47%Same areaTop 40%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

292 Ash Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 378 m), 2 education (nearest 136 m).

Search radius
🍽️Dining3
🏫Education2
💪Sports1
Fuel Stations1
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 3/2025CA$450k–500k
Sold price

Same street

Top 39%

Same area

Top 30%

City-wide

Top 19%
Sold 9/2021CA$450k–500k
Sold price

Same street

Top 35%

Same area

Top 28%

City-wide

Top 18%

Related homes

Highlights & common questions: 292 Ash Street, Winnipeg

Property Overview: 292 Ash Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 292 Ash Street is a classic North River Heights character property, built in 1919. With 1,422 sqft of living space on a 4,823 sqft lot, it presents a balanced offering. The data reveals a nuanced position: its living area and lot size are consistently around the average for its immediate street and established neighbourhood, suggesting a comfortable, typical footprint for the area. However, its assessed value of $458k sits above the citywide average, indicating that the premium is tied more to its desirable location than to sheer size.

The core appeal lies in its established setting. North River Heights is known for its mature tree canopy, quiet streets, and central convenience. This home suits buyers seeking a genuine character home in a prime neighbourhood, who are prepared for the realities and rewards of a century-old structure. It’s a solid option for those who value location and community charm over modern square footage or a brand-new build. A thoughtful perspective is that this property represents a "value-hold" in its micro-market—it doesn’t lead on specs, but its above-average citywide valuation suggests it is firmly anchored in a sought-after area, which typically offers stability.

Frequently Asked Questions

1. How does this home’s age affect its value and potential?
Built in 1919, it is notably older than most homes on its street and in Winnipeg. This can mean charming original details but also requires a careful inspection for foundational, electrical, and plumbing updates. The value is sustained by the neighbourhood’s overall desirability rather than the home’s newness.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $458k is a municipal figure for tax purposes. Notably, recent sold price data for this property places it in the top 19-30% citywide, suggesting a market value that has historically performed strongly. For an exact sale history, a manual lookup is required.

3. The lot seems smaller than the street average. Is that a concern?
At 4,823 sqft, the lot is slightly below the average for Ash Street but is very close to the average for North River Heights. It is a standard urban lot for the area, offering manageable yard space typical of this mature neighbourhood.

4. What does it mean that the living area is "around average" for the area?
With 1,422 sqft, the home provides a practical amount of space that is common for the neighbourhood. It’s not a sprawling layout, but it is in line with the established housing stock, suitable for a small family, couple, or empty-nesters.

5. Who would this property be most suitable for?
It is best suited for buyers who prioritize location and neighbourhood character over a modern, move-in-ready home. It appeals to those with an appreciation for older homes, who are either looking for a project with good bones or a well-maintained character property in a central, stable community.

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