Property score
85.1
Excellent
Overall 85.1 · Larger than most nearby homes
2,596 sqft (top 5%) · Built in 1928 (9 yrs older than avg)
Located in a high-income area with median household income of ~188k
Transit 82.0 · 6-min walk to transit with 6 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Above average
69% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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85.1 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: #46110386
$188K
Median household income
$272K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.6
P90 / P10 ratio
11%
Single-person households
45%
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
323 Cambridge Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 425 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 4% | Top 9% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 323 Cambridge Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 323 Cambridge Street is a standout property defined by its generous scale and premium valuation in a desirable established neighbourhood. Its key characteristic is substantial size: with 2,596 sqft of living space, it ranks in the top 3-5% compared to homes on its street and in North River Heights, offering significantly more room than area averages. This is complemented by a large 7,209 sqft lot, providing ample outdoor space that is above average for the area.
The appeal lies in its clear stature as a premier, well-established home. With an assessed value of $809,000, it sits comfortably in the top 2-4% of homes across comparison levels, indicating a recognized premium quality and location. The home’s 1928 build date is a double-edged sword; it places it among the older homes on the block, which suggests classic character and mature landscaping, but also implies that its condition and any updates are critical to its value. It last sold in July 2017 for between $650,000 and $700,000.
This property would ideally suit buyers looking for a spacious, classic home in a prime inner-city neighbourhood, who prioritize interior square footage and lot size over a newer build. It appeals to those who understand the value proposition of an older character home and are either prepared to maintain its heritage or appreciate the solid foundation of a well-kept property from that era. It is less suited for those seeking a modern, turn-key new build without potential renovation projects.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for living area and value actually mean?
It means this home is exceptionally large and highly valued compared to its peers. Its living space is larger than about 97% of similar homes in Winnipeg, and its assessed value is higher than about 98% of them city-wide, confirming its status as a premium property.
2. The home was built in 1928. Should I be concerned?
Not necessarily, but it requires due diligence. While older than most on its street, many homes in North River Heights are from a similar era. The key factors are the current condition of major systems (roof, wiring, plumbing, foundation) and the quality of any updates over the years. Its high assessed value suggests it has been maintained as a premium asset.
3. How accurate is the assessed value compared to a likely selling price?
Assessed value is for municipal tax purposes and is a mass appraisal. While it’s a strong indicator of the home’s relative worth ($809k places it in the top tier), the actual market price is determined by current conditions, specific features, and buyer demand. The home’s last known sale was in 2017, so recent market shifts are not reflected in that older sale price.
4. The lot is large, but what does "above average" really offer?
A 7,209 sqft lot in this neighbourhood provides valuable outdoor space for gardens, recreation, or potential additions (subject to zoning). It offers more privacy and breathing room than many city lots, which is a permanent and scarce advantage that contributes significantly to the property’s premium valuation.
5. How can I verify the exact past sale price?
The site provides an estimated range from public records. To obtain the exact, verified sale price from the last transaction, you must request it directly via the email function provided. This is due to industry regulations that prevent the direct display of certain sales data.
