Property score
74.2
Good
Overall 74.2 · Compared with neighbourhood average
1,544 sqft (top 43%) · Built in 1927 (10 yrs older than avg)
Located in a high-income area with median household income of ~131k
Transit 70.0 · 6-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
0% larger than neighborhood avg.
Year Built
Below average
10 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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74.2 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
316 Niagara Street — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 469 m), 2 education (nearest 210 m), 1 parks (nearest 452 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 15% | Top 22% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 316 Niagara Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 316 Niagara Street in North River Heights is a character property built in 1927, offering a blend of established neighbourhood charm and practical space. With 1,544 square feet of living area, it provides above-average interior space compared to the Winnipeg average, situated on a 4,429 sqft lot. Its assessed value of $412K positions it as a more accessible entry point within its immediate street and area, where average values run higher. The home last sold in June 2024 for an estimated $500K–$550K.
The appeal lies in its value proposition within a desirable, mature neighbourhood. It suits buyers looking for a character home with good interior space who are comfortable with a property nearing its centenary. It may be particularly attractive to value-conscious purchasers who see potential in a well-located, older home, possibly as a long-term hold with room for updates over time. A less obvious perspective is that its "below-average" assessed value for the street could represent a relative tax advantage compared to neighbouring homes, while the solid city-wide ranking for living area suggests the house itself makes efficient use of its footprint.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The property was assessed at $412K, but it sold in June 2024 for an estimated $500K–$550K. This is not uncommon, as assessed values for taxation purposes often lag behind current market values, especially in active markets.
2. Is the lot size typical for the area?
At 4,429 sqft, the lot is slightly below the average for North River Heights (~5,054 sqft) but is very close to the average for Niagara Street itself. It provides a standard urban yard for the neighbourhood.
3. What does the age of the home (1927) imply?
As a home built in 1927, prospective buyers should budget for and expect maintenance consistent with a nearly 100-year-old structure. This includes potential updates to systems like plumbing, electrical, or the roof. The character and build quality of the era are often positives, but they come with the responsibility of ongoing upkeep.
4. The data shows the living area is "above average" city-wide. What does that mean practically?
With 1,544 sqft, this home offers more interior space than approximately 72% of homes across Winnipeg. This suggests a comfortable size for a family, likely with 3+ bedrooms, and is a key asset in an older home where room sizes can sometimes be smaller.
5. How can I get the exact sale price from 2024?
The provided data shows a sold price range. Due to data source restrictions, exact sale prices are not published openly on the site. You can request the exact figure by emailing the site administrators, who will manually look up and provide the verified transaction history.
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