80.6
Excellent
Property score
80.6
Excellent
Overall 80.6
Larger than most nearby homes
1,972 sqft (top 18%)
Built in 1930 (7 yrs older than avg)
Located in a high-income area
with median household income of ~155k
Transit 70.0
8-min walk to transit with 3 nearby routes
Within 500m: 1 school, 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
Above average
28% larger than neighborhood avg.
Year Built
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)
770
480k
$319/sqft
1937
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80.6 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: #46110383
$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
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
359 Elm Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 202 m), 1 parks (nearest 294 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 49% | Top 30% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 359 Elm Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, established neighbourhood character, and relative value. Its nearly 2,000 sq ft of living area is notably above average, ranking within the top 20% for the North River Heights area and top 12% city-wide. This suggests a home that offers more interior room than most, ideal for growing families or those who value spacious layouts. Built in 1930, it is a classic example of the area's heritage, appealing to buyers who appreciate the charm and solid construction of a pre-war home, though this also implies a responsibility for ongoing maintenance.
The assessed value of $531k sits above the city and area averages, yet is around the median for Elm Street itself. This indicates you are paying for a premium location within a desirable neighbourhood, not just square footage. The lot size is consistent with local norms, offering typical outdoor space for the area.
This property would best suit buyers looking for a character home with ample interior space in a mature, sought-after neighbourhood. It’s a strong option for those who prioritize location and roominess over a newer build, and who are prepared to steward a home with nearly a century of history. A thoughtful perspective is that its "above-average" size and value within its immediate street context suggest a solid, established property that isn’t an outlier, but rather a well-positioned anchor on the block.
Frequently Asked Questions
1. How does the 1930 build year affect this home?
While offering classic charm and likely sturdy construction, a home of this age will require diligent maintenance. Prospective buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and prioritize a thorough inspection.
2. The home sold in 2021. What can that price tell me?
The sold price range (CA$450k-500k) gives a recent market benchmark. The fact that the current assessed value ($531k) is higher reflects market appreciation and municipal assessment methods. For exact historical sold prices, you must request the information directly via email from the site.
3. Is the lot size a pro or a con?
At 4,820 sq ft, the lot is standard for North River Heights. It provides typical yard space for the neighbourhood but is not exceptionally large. It suits those wanting a manageable outdoor area consistent with the community feel, not those seeking extensive privacy or room for major expansions.
4. What does the "above average" living area ranking actually mean?
It means this home offers more interior space than most in Winnipeg. Compared to the city-wide average home (1,342 sq ft), this property provides over 600 additional square feet, a significant gain for daily living, home offices, or family needs.
5. Why is the assessed value only "around average" on Elm Street itself?
This is an insightful detail. It suggests that Elm Street is a uniformly desirable street where property values are consistently high. Therefore, while this home is valuable, it is priced in line with its immediate neighbours, indicating the premium is for the location as a whole.
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