295 Ash Street

North River Heights, Winnipeg

Property score

72.8

Good

Overall 72.8 · Older than most nearby homes

1,424 sqft (bottom 47%) · Built in 1920 (17 yrs older than avg)

Located in a high-income area with median household income of ~131k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 park, and 1 sports facility nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 90%French · 3%

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

72.8 is composed by the two sections below.

Property Score

59.0Fair
Living Area1,424 sqft75Good
Year Built192016Low
Lot Size4,822 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

93.6Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110382

Community deep dive

$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

Population, labour & age

Population (2021)560
Labour force participation rate73%
Median age46.0
Avg household size2.3
Unemployment rate5%
Population density3733 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households27%
Couple families with children33%
Median household income (2020)$131K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,424 sqft
0255075100
Same streetBottom 48%Same areaBottom 47%CitywideTop 34%
Same street · Ash Street
#184 / 356
Bottom 48% · Avg 1,605 sqft
Same area · North River Heights
#1,140 / 2,168
Bottom 47% · Avg 1,540 sqft
Citywide · Winnipeg
#66,941 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
413k
0255075100
Same streetBottom 30%Same areaBottom 33%CitywideTop 35%
Same street · Ash Street
#250 / 356
Bottom 30% · Avg 505.2k
Same area · North River Heights
#1,447 / 2,168
Bottom 33% · Avg 479.3k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 6%Same areaBottom 9%CitywideBottom 13%

Lot Size

around average
4,822 sqft
0255075100
Same streetBottom 39%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

295 Ash Street — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 469 m), 2 education (nearest 71 m), 1 parks (nearest 492 m).

Search radius
🍽️Dining1
🏫Education2
🌳Parks1
💪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 9/2017CA$300k–350k
Sold price

Same street

Bottom 11%

Same area

Bottom 20%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 295 Ash Street, Winnipeg

Property Overview: 295 Ash Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 295 Ash Street presents a classic North River Heights offering, built in 1920. Its key appeal lies in its established neighbourhood setting and a lot size that is generous for the area, at just under 5,000 square feet. With 1,424 square feet of living space, the home provides a practical footprint that is comfortably above the Winnipeg citywide average, though slightly more compact than many immediate neighbours. The 2024 assessed value of $413,000 sits below the local averages for Ash Street and North River Heights, potentially indicating room for value appreciation, especially when compared to its last known sale between $300,000-$350,000 in 2017.

This property would suit a specific buyer: someone drawn to character homes and mature neighbourhoods, who values a larger yard over maximizing interior square footage. It’s a practical entry point into a desirable area for a buyer comfortable with a home from the 1920s, likely prepared for updates or mindful of maintenance. The data suggests it’s not the largest or newest on the block, but offers solid fundamentals in a sought-after location at an assessed value that appears competitive within the wider city context.

Frequently Asked Questions

1. How does the assessed value compare to likely market value?
The $413,000 assessment is notably lower than the average for similar homes on Ash Street ($505k) and in North River Heights ($479k). While assessments are not market valuations, this gap can suggest the property is undervalued by the assessor or may reflect factors like its age and smaller living area. A current market appraisal would be essential.

2. What should I consider about a home built in 1920?
While offering charm, a 106-year-old home requires diligent inspection. Key focuses should be the foundation, original plumbing and electrical systems, insulation, and the roof. Budgeting for ongoing maintenance and potential updates is prudent. Its age places it among the older 10% of homes in the immediate area.

3. The home last sold in 2017 for between $300,000-$350,000. What does that mean today?
This past sale price provides historical context but does not determine current value. The increase to the current $413,000 assessment reflects market changes over seven years. For accurate pricing, you must look at recent 2024/2025 sales of comparable homes in North River Heights.

4. The lot is large for the area, but the house is smaller than neighbours. Is this an advantage?
This can be a significant advantage for the right buyer. It offers more outdoor space for gardening, play, or entertaining—a premium in established neighbourhoods. It also presents a long-term opportunity: the lot could potentially accommodate a future addition or expansion, subject to zoning and permits.

5. How does this home rank within the neighbourhood?
The data shows a mixed profile. It ranks highly for lot size (top 42% in the area) and is above average citywide for living area. However, it ranks lower for year built (top 91%, meaning it's older than 91% of area homes) and assessed value is in the top 67%, indicating it's valued lower than many peers. This positions it as a more modestly sized and valued home on a good-sized lot in a premium area.

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