Property score
80.6
Excellent
Overall 80.6 · Larger but older than most nearby homes
2,092 sqft (top 14%) · Built in 1920 (17 yrs older than avg)
Located in a high-income area with median household income of ~155k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, 1 sports facility, and 1 place of worship nearby
Living Area
Above average
36% larger than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 90%Chinese · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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
Free · No credit card required
80.6 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: #46110383
$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
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
312 Oak Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 87 m), 1 parks (nearest 451 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 39% | Top 27% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 312 Oak Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 312 Oak Street is defined by its generous living space within a well-established neighbourhood. Its primary appeal lies in its above-average square footage (2,092 sq. ft.), which places it comfortably within the top 14% of homes in North River Heights and the top 9% citywide. This suggests a home that offers more room than most, whether for growing families, dedicated workspaces, or simply more comfortable living.
The assessed value of $562k is above average for the wider city and neighbourhood, but interestingly sits around the average for Oak Street itself. This indicates you are purchasing on a street where property values are consistently strong. The lot size is standard for the area, providing typical outdoor space without excessive maintenance. A key characteristic is the home’s age—built in 1920, it is notably older than most comparable properties. This presents both the charm and character of a classic home, alongside the potential for updated mechanical systems and renovations.
This property would best suit buyers who prioritize interior space and location in a mature community over a new build. It’s ideal for those who appreciate the established feel of North River Heights and are prepared for the realities and rewards of owning a century-old home, whether that means appreciating its original details or planning thoughtful updates.
Frequently Asked Questions
1. How does the home’s age impact its value and appeal?
While older than most homes on the street and in the area, its age is reflected in its character and established neighbourhood. The value is supported by its large living area and location. Buyers should consider a thorough inspection to understand the condition of vintage plumbing, wiring, and the foundation.
2. The assessed value seems high for the street. Is it overvalued?
The assessment is actually around the average for Oak Street, which is a street of higher-value homes overall. Compared to the broader neighbourhood and city, it is above average, suggesting the address itself carries a premium.
3. Is the lot size a disadvantage?
The lot is slightly smaller than others on Oak Street but is very typical for North River Heights. It offers a manageable yard, which can be a positive for those seeking less outdoor upkeep while still having private space.
4. What can the 2017 sale price tell me?
The previous sale price (in the $450k-$500k range) provides a historical benchmark. The increase to the current assessed value of $562k reflects market appreciation and possibly any improvements made over the last seven years. For exact sale figures, you can request a manual lookup from the site.
5. How reliable is this comparative data?
The rankings are based on publicly available assessment and sale data, providing a solid, data-driven context for how this property measures up against immediate neighbours, the local area, and the entire city. For precise historical sale prices, a verified manual lookup is recommended.
