60.8
Fair
Property score
60.8
Fair
Overall 60.8
Smaller and older than most nearby homes
974 sqft (bottom 16%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
37% 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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60.8 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: #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
327 Niagara Street — 5 amenities found within 500 m, across 4 categories, including 2 education (nearest 241 m), 1 parks (nearest 392 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 6% | Bottom 11% | Bottom 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 327 Niagara Street, Winnipeg
Key Characteristics & Appeal
This home at 327 Niagara Street in North River Heights is a classic, compact property built in 1924. With 974 square feet of living space on a 4,307 sqft lot, it is notably smaller than most homes on its street and in the established neighbourhood. Its assessed value of $368,000 is below the local area average but aligns more closely with the wider Winnipeg average, presenting a distinct value proposition.
The primary appeal lies in its position within a desirable, mature neighbourhood at a relatively accessible entry point. It suits first-time buyers or downsizers seeking the character and location of North River Heights without the premium price tag of a larger, updated home. It represents an opportunity for those willing to live efficiently or who view the property as a long-term foundation, with potential to personalize and add value over time. A thoughtful perspective is that its "below average" size and value for the immediate area are precisely what make it attainable, offering a trade-off between space and location.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Based on assessed values, this home is priced below the average for both Niagara Street and North River Heights overall. This suggests it could be a more affordable entry into a sought-after area, though the living space is also smaller than typical homes here.
2. What does the sold price history indicate?
Records show it sold between $300,000 and $350,000 in April 2023. This recent sale provides a concrete benchmark, indicating its market value at that time was consistent with its lower assessed value relative to the neighbourhood.
3. How does the lot size compare?
The lot is 4,307 sqft, which is slightly below average for the street and neighbourhood but near the city-wide average. It offers a decent outdoor space for a home of this size, typical of older neighbourhoods.
4. What should I consider about the home's age?
Built in 1924, it is older than many homes in the city. This often means character and established landscaping, but a prospective buyer should budget for potential updates to older mechanical systems, windows, or insulation that are common in century-old homes.
5. Where can I get verified sale history data?
The site notes that exact sold prices are not displayed publicly due to industry rules. They offer a manual lookup service via email to provide full transaction history and exact figures, which can be requested through the property page.
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