74.4
Good
Property score
74.4
Good
Overall 74.4
Compared with neighbourhood average
1,536 sqft (top 44%)
Built in 1930 (7 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: 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
Near average
0% smaller than neighborhood avg.
Year Built
Near average
7 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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74.4 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
345 Niagara Street — 5 amenities found within 500 m, across 4 categories, including 2 education (nearest 279 m), 1 parks (nearest 341 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 30% | Bottom 40% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 345 Niagara Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 345 Niagara Street in North River Heights is a well-established property that presents a balanced, practical offering. Built in 1930, it features 1,536 sqft of living space on a 4,307 sqft lot, with a current assessed value of $443,000.
Its primary appeal lies in its solid positional value. The home's living space is above average for Winnipeg overall, offering more room than many city-wide properties, while its assessed value also sits above the city average. This suggests you get a relatively good amount of house for your tax assessment compared to the broader market. In its immediate neighbourhood and street, however, the property is consistently "around average" in size, value, and age, indicating it fits seamlessly into this mature, stable community.
The lot size is smaller than most on its street and in North River Heights, which could mean lower maintenance but less private outdoor space. A thoughtful perspective is that this above-average city-wide value, paired with a neighbourhood-average profile, may offer a strategic entry point into a desirable area without a premium price tag for lot size.
This property would suit buyers looking for a character home in a central neighbourhood without extreme outliers in size or price. It’s a sensible choice for those who prioritize the community of North River Heights and a home that requires no surprises in terms of fitting in, while still offering good value relative to the entire Winnipeg market.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $443k is for municipal tax purposes. The last recorded sale was between $350k-$400k in late 2022. Market conditions, property updates, and buyer demand will determine the final sale price, which can be above or below the assessed value.
2. Is the lot size a disadvantage?
At 4,307 sqft, the lot is below average for Niagara Street and North River Heights. This typically means less yard for gardening or expansion but also translates to less exterior maintenance. It’s a trade-off that prioritizes house over land.
3. What does "around average" for the neighbourhood really mean?
It means this home is very typical for North River Heights in terms of size, value, and age. You are not overpaying for an exceptionally large or updated property, nor are you buying a project that is far below community standards. It represents the established character of the area.
4. The home was built in 1930. What should I consider?
Homes of this age often possess charming character but require diligent attention to aging components like plumbing, electrical, windows, and insulation. A thorough inspection is essential to understand the condition and any needed updates.
5. How can I get the exact historical sold prices?
The site provides sold price ranges for reference. To obtain the exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.
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