Property score
58.8
Fair
Overall 58.8 · Smaller than most nearby homes
821 sqft (bottom 4%) · Built in 1929 (8 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
Below average
47% smaller than neighborhood avg.
Year Built
Near average
8 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
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58.8 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
320 Oak Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 89 m), 1 parks (nearest 427 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 28% | Bottom 45% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 320 Oak Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its contrasts. Built in 1929, it is a character property in a mature, established neighbourhood. Its key characteristic is its compact 821 sqft living area, which is notably smaller than most homes on its street and in the wider area. However, this is balanced by a reasonably sized 4,821 sqft lot and an assessed value of $428k, which sits around the average for North River Heights but above the Winnipeg citywide average.
The appeal lies in a unique value proposition. It offers entry into a desirable neighbourhood at a price point driven by the home's scale, not its location. It suits a specific buyer: perhaps a minimalist, a first-time buyer prioritizing location over space, or an investor looking for a character rental. It’s not for those needing ample indoor square footage, but for those who value outdoor space and neighbourhood charm, the lot size and vintage offer solid potential. The data suggests you're paying for the land and the area, with the existing home representing a renovation or redevelopment opportunity down the line.
Section 2: Frequently Asked Questions
1. Why is the living area so much smaller than neighbouring homes?
As a 1929 build, this home reflects the modest scales of its era. Many neighbouring properties have likely been expanded or rebuilt over time, explaining the significant difference in average living area on Oak Street.
2. How can the assessed value be around the neighbourhood average when the house is much smaller?
Property assessment considers multiple factors, including land value, location, and the building itself. The data indicates that the value of the lot and its placement in North River Heights contributes significantly to the assessment, offsetting the smaller building size.
3. What does the sold price history indicate?
The property last sold between $400k-$450k in October 2021. This past sale price aligns closely with the current assessed value, suggesting a stable market valuation for this specific type of compact character home in the area.
4. Is this a candidate for a major expansion or rebuild?
The combination of a smaller, older home on a near-average-sized lot in a sought-after neighbourhood often makes it a prime candidate for renovation or redevelopment, subject to local zoning and heritage regulations.
5. How reliable is this sold price data?
The provided sold price is based on publicly available data, not the MLS. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site, which they provide via email.
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