Property score
57.2
Fair
Overall 57.2 · Smaller and older than most nearby homes
899 sqft (bottom 9%) · Built in 1924 (13 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: 2 schools, 1 park, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
42% smaller than neighborhood avg.
Year Built
Below average
13 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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57.2 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
324 Niagara Street — 5 amenities found within 500 m, across 4 categories, including 2 education (nearest 212 m), 1 parks (nearest 422 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 43% | Top 41% | Top 24% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 22% | Bottom 33% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 324 Niagara Street, Winnipeg
Key Characteristics & Appeal
This home at 324 Niagara Street in North River Heights is a classic, compact property built in 1924. Its key characteristic is its efficient 899 sqft living area, which is notably smaller than most homes on its street and in the neighbourhood. This positions it as an affordable entry point into a desirable, established area. The appeal lies in its value proposition: with an assessed value of $448,000, it sits around the average for North River Heights but ranks well above the city-wide average, suggesting you are paying for the location more than the size of the home. The lot size of 4,438 sqft is fairly standard for the street, offering typical outdoor space for the area.
This property would best suit first-time buyers, downsizers, or investors seeking a lower-maintenance footprint in a prime neighbourhood without the premium price of a larger house. It offers the chance to live in a sought-after community, potentially with the opportunity to update or expand the existing structure over time. A thoughtful perspective is that its smaller size and older vintage, while less common on the street, represent a more sustainable and manageable living option, contrasting with the trend toward larger, newer homes.
Frequently Asked Questions
1. Is the living space too small for a family?
While smaller than the neighbourhood average, the 899 sqft layout may be suitable for a small family, a couple, or an individual. Its practicality depends on your space needs and the home's specific floor plan.
2. Why is the assessed value relatively high for a smaller, older home?
The value is driven significantly by its location in North River Heights. The assessment reflects the land value and desirability of the community, placing it above the Winnipeg city-wide average despite the home's modest characteristics.
3. How does the recent sale price compare to the assessment?
The home sold in early 2025 for between $400,000 and $450,000. This sale range aligns closely with its $448,000 assessed value, indicating the assessment is current and market-reflective.
4. What does the sale history indicate about the property's value?
The previous sale in 2020 was in the $350,000–$400,000 range. The increase over five years suggests the property has appreciated in line with or possibly slightly above broader market trends for the area.
5. Are there opportunities to expand or renovate?
Given the home's smaller size and age on a standard city lot, there is potential for renovations or an addition, subject to local zoning and building regulations. This could be a way to increase living space in a valued location.
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