Property score
71.9
Good
Overall 71.9 · Older than most nearby homes
1,396 sqft (bottom 45%) · 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
9% 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
321 Waterloo Street — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 492 m), 2 education (nearest 170 m), 1 parks (nearest 458 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 35% | Bottom 47% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 321 Waterloo Street, Winnipeg
Key Characteristics & Appeal
This home at 321 Waterloo Street in North River Heights is a classic, century-old property (built 1925) that presents a balanced opportunity. With 1,396 sqft of living space and a 4,822 sqft lot, its size is consistently around the average for its immediate street, neighborhood, and even city-wide. This suggests it’s a manageable, mid-sized home without being overly compact or sprawling.
Its primary appeal lies in its value positioning and established location. The assessed value of $480,000 is notably above the Winnipeg city-wide average for comparable homes, yet it sits below the average for both Waterloo Street and the North River Heights area. This creates a potential value proposition: you're acquiring a home in a desirable, mature neighborhood at an assessed value that is competitive within that context. It suits buyers looking for character in a prime area without the premium price tag of a larger or fully renovated home, and who are prepared for the realities and potential costs of maintaining a 101-year-old structure. The last known sale was between 2016-2025 for an estimated $400k-$450k, indicating significant equity growth since then.
Frequently Asked Questions
1. Is this a good value for the neighborhood?
The data suggests it could be. The home’s assessed value is below the average for both Waterloo Street and North River Heights overall, while offering a lot and living space that are typical for the area. This may indicate a price point that allows entry into the neighborhood.
2. What are the implications of the home being built in 1925?
As a century-old home, it is older than most on its street and in the city. Buyers should budget for potential updates to major aging systems (like plumbing, electrical, or the roof) and factor in a thorough inspection. This age also often brings character and solid construction not always found in newer builds.
3. How does the lot size compare?
At 4,822 sqft, the lot is slightly smaller than the average on Waterloo Street but very close to the average for North River Heights. It provides a standard urban yard for the area—sufficient for gardening and outdoor space without excessive maintenance.
4. Why is the city-wide assessed value ranking so much higher?
The home ranks in the top 23% city-wide for assessed value, meaning it's valued higher than most homes in Winnipeg. This highlights the premium associated with the North River Heights neighborhood compared to the broader city market.
5. How can I find out the exact past sale price?
The site provides sold price ranges for non-members. To obtain the exact historical sale figures and a full transaction history, you must request a manual lookup via email from the service, as they do not display MLS data directly.
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