Property score
71.9
Good
Overall 71.9 · Older than most nearby homes
1,344 sqft (bottom 41%) · Built in 1925 (12 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
13% smaller than neighborhood avg.
Year Built
Below average
12 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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71.9 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
312 Waterloo Street — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 473 m), 2 education (nearest 112 m), 1 parks (nearest 497 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 27% | Top 15% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 312 Waterloo Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home at 312 Waterloo Street in North River Heights is a property defined by its strong value proposition and established character. Built in 1925, it is an older home in the context of its immediate street and neighbourhood, offering classic charm with the understanding that maintenance and updates are part of its story. With 1,344 sqft of living space, it provides comfortable, average-sized accommodation for the area.
The primary appeal lies in its financial standing. The home’s assessed value of $529k places it consistently above average—ranking in the top 29% on its street, top 24% in North River Heights, and top 15% citywide. This suggests a perception of solid value and desirability within its market. The lot size of 4,822 sqft is around average for the area, offering decent outdoor space. Recent sale data indicates it sold between $550k-$600k in late 2024, a price point that outperformed many peers locally.
This property would best suit a pragmatic buyer who appreciates character but prioritizes a sound investment in a well-regarded neighbourhood. It’s ideal for someone not intimidated by the care an older home may require and who sees value in a home that already holds a strong assessed value position. It could be a fit for a small family, a couple, or an investor looking at the long-term stability of North River Heights.
Frequently Asked Questions
1. What does the "above average" assessed value ranking actually mean?
It means this home’s official city assessment is higher than most comparable properties. On its own street, it’s valued higher than roughly 71% of similar homes. This often reflects factors like lot location, previous improvements, or the overall desirability of the specific property, but it doesn't automatically predict future sale price.
2. The home is noted as older than average. What should I consider?
Built in 1925, this home is older than about 85% of city-wide comparable properties. This isn’t uncommon for established neighbourhoods like North River Heights, but it warrants a close look at the condition of major systems (roof, plumbing, electrical, foundation) and potential need for updates. The character of an older home comes with a different maintenance profile than a newer build.
3. How does the recent sold price relate to the assessed value?
The home sold for an estimated $550k-$600k in October 2024, which is moderately above its $529k assessed value. This is a typical pattern where market sale price meets or exceeds assessment, confirming the property’s market value is strong. The sale price ranked in the top 15% for the area, indicating competitive bidding.
4. Is the living space small for the neighbourhood?
At 1,344 sqft, it is somewhat smaller than the immediate street average (1,633 sqft) but very close to the city-wide average for comparable homes. It offers efficient, manageable space. For some buyers, this represents a more affordable entry point into the neighbourhood without sacrificing the location or lot size.
5. Where can I get verified details on the exact sale history?
The provided sold price is an estimate based on public data. To obtain the exact, verified sale price and full transaction history, you must request it directly via the provided email service. Due to industry rules, this detailed MLS data is not published directly on the site.
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