348 Oak Street

North River Heights, Winnipeg

Property score

77.4

Good

Overall 77.4 · Compared with neighbourhood average

1,610 sqft (top 38%) · Built in 1930 (7 yrs older than avg)

Located in a high-income area with median household income of ~155k

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

5% larger than neighborhood avg.

Taon ng Paggawa

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 90%Chinese · 1%

Past 10 years North River Heights sales snapshot (~80% of all data)

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

77.4 is composed by the two sections below.

Property Score

65.0Good
Living Area83
1,610 sqftExcellent
Taon ng Paggawa22
1930Low
Lupa60
4,820 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

96.0Excellent
Household Income94
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

Istatistika ng benta ng komunidad

North River Heights

How to read: Share of sales in each ~$50k price band for “north river heights” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110383

Community deep dive

$155K

Median household income

$196K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

15%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)532
Labour force participation rate78%
Median age42.4
Avg household size2.7
Unemployment rate7%
Population density3325 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children41%
Median household income (2020)$155K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)83%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Chinese · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

lampas sa average
1,610 sqft
0255075100
Same streetBottom 47%Same areaTop 38%CitywideTop 25%
Same street · Oak Street
#134 / 255
Bottom 47% · Avg 1,734 sqft
Same area · North River Heights
#834 / 2,168
Top 38% · Avg 1,540 sqft
Citywide · Winnipeg
#48,384 / 194,458
Top 25% · Avg 1,342 sqft

Assessed Value

karaniwan
410k
0255075100
Same streetBottom 24%Same areaBottom 32%CitywideTop 36%
Same street · Oak Street
#195 / 255
Bottom 24% · Avg 548.4k
Same area · North River Heights
#1,473 / 2,168
Bottom 32% · Avg 479.3k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Taon ng Paggawa

karaniwan
1930
0255075100
Same streetBottom 31%Same areaBottom 48%CitywideBottom 18%

Lupa

karaniwan
4,820 sqft
0255075100
Same streetBottom 13%Same areaBottom 45%CitywideBottom 40%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

348 Oak Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 137 m), 1 parks (nearest 341 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1
Worship1

Crime & Safety

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%

Kasaysayan ng Benta

348 Oak Street: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 348 Oak Street, Winnipeg

Property Overview: 348 Oak Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This 1,610 sqft home, built in 1930, sits on a 4,820 sqft lot in the established North River Heights neighborhood. Its appeal lies in a balanced, grounded profile. The living space is above average for Winnipeg overall, offering comfortable roominess, while the assessed value of $410K is positioned below average for its specific street but aligns with the wider city average. This suggests a potentially efficient entry point into a desirable area where property values on Oak Street are generally higher.

The home suits practical buyers who value character and location over sheer size or a brand-new build. It’s ideal for someone seeking a established neighborhood feel without a premium price tag for the street itself. A thoughtful perspective is that the smaller-than-street-average lot could mean less maintenance, appealing to downsizers or those wanting more time to enjoy the community rather than upkeep. The data indicates you’re paying for the neighborhood’s inherent value and a well-sized home, not for an oversized parcel.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($410K) is for municipal tax purposes. Market value is determined by current conditions, buyer demand, and the home's specific state. Notably, this assessment is below the average for Oak Street, which may influence buyer expectations and negotiation.

2. How does the lot size compare, and what does it mean for me?
At 4,820 sqft, the lot is smaller than most on Oak Street but typical for North River Heights overall. This often translates to a more manageable yard with less gardening and snow clearing, which can be a benefit for many.

3. What are the implications of the home’s age (built 1930)?
A 96-year-old home likely possesses classic character and solid construction but requires diligent inspection. Potential buyers should budget for updates to older systems like wiring, plumbing, or windows, and seek a thorough pre-purchase inspection.

4. Why is there no sales history shown for this listing?
As noted, the site does not display MLS sales records. You can request the full transaction history and exact past sale figures by emailing the provided contact; they will manually retrieve and send the information.

5. How does this home’s living space truly compare to others?
At 1,610 sqft, it offers more space than the typical Winnipeg home. On its own street and in North River Heights, it’s around the middle range—not the largest, but certainly not the smallest. It provides ample room for a small family or couple without feeling cramped.