62.4
Fair
Property score
62.4
Fair
Overall 62.4
Smaller than most nearby homes
932 sqft (bottom 12%)
Built in 1929 (8 yrs older than avg)
Located in a high-income area
with median household income of ~155k
Transit 60.0
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
Below average
39% smaller than neighborhood avg.
Year Built
Near average
8 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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62.4 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: #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
368 Oak Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 188 m), 1 parks (nearest 280 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 36% | Bottom 47% | Top 30% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 368 Oak Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home is a classic 1929 bungalow on a 4,820 sqft lot in the established North River Heights neighborhood. Its key characteristic is a clear value proposition: you are purchasing a well-located lot and a solid, older home in a desirable area, not square footage. At 932 sqft, the living space is notably smaller than most homes on its street and in the neighborhood, placing it in the bottom 20% for size locally. However, its assessed value of $442,000 is above the Winnipeg city-wide average, indicating that the premium is for the location and land.
The appeal lies in this very balance. It suits a specific buyer: someone seeking entry into a prime neighborhood who is comfortable with a cozy footprint, possibly a first-time buyer, downsizer, or an investor looking for a character property with redevelopment potential. The lot size is roughly average for the area, offering good outdoor space relative to the home's size. A thoughtful perspective is that this property represents the "bones" of the neighborhood—it offers the chance to own a character home with the option to renovate or expand over time, making it a project with a strong foundational location. Its last sale was between $400,000-$450,000 in August 2022.
Frequently Asked Questions
1. Is the house too small for a family?
At under 1,000 sqft, it is compact. It would best suit a small family, a couple, or an individual. The floor plan and potential for future expansion (subject to permits) would be key considerations.
2. Why is the assessed value relatively high for a smaller home?
The value is driven significantly by its location in North River Heights, a sought-after neighborhood with mature amenities, and the value of the land itself. City-wide, this assessment is in the top 30%, highlighting the location premium.
3. What should I know about a house built in 1929?
While offering charm, a home of this age will likely have older systems (plumbing, electrical, heating) and require diligent maintenance or updates. A thorough inspection is essential to understand the condition and potential upgrade costs.
4. How does the lot size compare?
At 4,820 sqft, the lot is slightly below average for Oak Street but typical for North River Heights overall. It provides a good-sized yard, which is a valuable asset in this neighborhood.
5. Where can I get the exact historical sold price?
The provided data shows a sold price range. Due to industry regulations, exact sale figures are not published online here. You can request the precise sold price history via email through this site, and it will be provided manually.
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