81.8
Excellent
Property score
81.8
Excellent
Overall 81.8
Larger but older than most nearby homes
2,358 sqft (top 8%)
Built in 1923 (14 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
53% larger than neighborhood avg.
Year Built
Below average
14 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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81.8 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: #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
363 Oak Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 157 m), 1 parks (nearest 300 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%
Local garbage, recycling, and yard waste pickup schedule for 363 Oak Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 20% | Top 13% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 363 Oak Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, established value, and location. Its primary strength is its generous 2,358 sqft of living area, which places it well above average for the neighbourhood and in the elite tier city-wide. This is complemented by a high assessed value of $808,000, ranking it in the top 4% of North River Heights and top 2% across Winnipeg, indicating strong official valuation for the area.
The appeal lies in acquiring a spacious, highly-valued property in a desirable established neighbourhood. The data suggests you are paying for premium interior space and location rather than land, as the lot size is average for the area. Built in 1923, the home is older than most on its street, which may appeal to buyers seeking classic character but also implies a need for diligent inspection regarding updates and maintenance.
This property would best suit buyers who prioritize move-in ready space in a prime location over a large yard or a newer build. It’s ideal for those who value statistical prestige—owning a home that ranks highly in assessed value and living area—and are prepared for the care that comes with a century-old home.
Frequently Asked Questions
1. Why is the assessed value so much higher than the last sold price in 2017?
The assessed value is a government valuation for taxation, reflecting current market conditions and improvements. The 2017 sale price is a historical figure; the significant increase highlights substantial market appreciation in the area and possibly upgrades to the property since that time.
2. What does the "below average" ranking for year built mean for me?
While the home is older than most on the block, this is typical for the central, established North River Heights area. It suggests potential for classic architectural details but also means systems (roof, plumbing, wiring) may need updating. A thorough inspection is essential.
3. The lot size is ranked as "below average" for the street. Is that a concern?
It indicates the yard may be smaller than many neighbours'. However, the lot is still a standard city size and is average for the wider neighbourhood. The trade-off is clear: the property's value is concentrated in the home's generous living space rather than extensive outdoor land.
4. How reliable is the sold price data shown?
The provided sold price range is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email, as explained in the data notes.
5. The home ranks in the top percentiles for value and size city-wide. Does that mean it's a good investment?
These rankings confirm it is a substantial, above-average property for Winnipeg. However, investment potential depends on broader market trends, your purchase price, and the specific condition of this older home. Its elite ranking in value also means correspondingly higher property taxes.
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