61.3
Fair
Property score
61.3
Fair
Overall 61.3
Smaller than most nearby homes
937 sqft (bottom 12%)
Built in 1940 (3 yrs newer 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer 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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61.3 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
317 Niagara Street — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 487 m), 2 education (nearest 220 m), 1 parks (nearest 414 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 | Bottom 11% | Bottom 16% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 317 Niagara Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 317 Niagara Street in North River Heights is a classic, compact property built in 1940. With 937 square feet of living space, it is notably smaller than most homes on its street and in the established neighbourhood, positioning it as a more manageable and potentially affordable entry point into a desirable area. The assessed value of $419,000 is fairly typical for North River Heights but sits above the Winnipeg city-wide average for comparable homes, reflecting the premium for the location.
Its primary appeal lies in its efficient footprint on a decent 4,307 sqft lot, offering a balance between a lower-maintenance interior and outdoor space for gardening or expansion. This isn't a sprawling character home, but a practical one. It would suit first-time buyers seeking a foothold in a prime neighbourhood without the upkeep of a larger house, or downsizers looking to retain a yard while simplifying their living space. A thoughtful perspective is that its smaller size and average-for-the-street value could represent a relative value opportunity for those who prioritize location over square footage, especially if the home has been well-maintained or offers renovation potential to customize the space.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 937 sqft, the living area is below average for Niagara Street and the broader North River Heights neighbourhood, where comparable homes average about 1,500 sqft. This indicates a more compact, efficient layout.
2. Is the assessed value reasonable for the area?
The $419,000 assessment is around the average for Niagara Street and North River Heights. Interestingly, it is above the city-wide average for similar homes, which is typical for this established neighbourhood.
3. What is the potential for future expansion?
The lot size of 4,307 sqft is below average for the street but provides a solid footprint. Subject to local zoning and permits, there may be potential to add to the existing structure or create generous outdoor living spaces.
4. When was it last sold, and for how much?
Public records indicate a sale between July 2017 for a price in the range of $300,000 to $350,000. For verified, exact historical sale figures, a manual records lookup is required.
5. How does the age of the home factor in?
Built in 1940, the home is typical for the area. Buyers should budget for expected maintenance or updates common to houses of this era, while also appreciating the established character of the neighbourhood it represents.
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