372 Niagara Street

North River Heights, Winnipeg

Property score

61.1

Fair

Overall 61.1 · Smaller than most nearby homes

926 sqft (bottom 11%) · Built in 1932 (5 yrs older than avg)

Located in a high-income area with median household income of ~131k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

40% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 90%French · 3%

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

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Property score

61.1 is composed by the two sections below.

Property Score

39.4Low
Living Area926 sqft42Low
Year Built193222Low
Lot Size4,469 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

93.6Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

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: #46110382

Community deep dive

$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

Population, labour & age

Population (2021)560
Labour force participation rate73%
Median age46.0
Avg household size2.3
Unemployment rate5%
Population density3733 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households27%
Couple families with children33%
Median household income (2020)$131K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)62%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

below average
926 sqft
0255075100
Same streetBottom 5%Same areaBottom 11%CitywideBottom 19%
Same street · Niagara Street
#326 / 343
Bottom 5% · Avg 1,491 sqft
Same area · North River Heights
#1,932 / 2,168
Bottom 11% · Avg 1,540 sqft
Citywide · Winnipeg
#157,928 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

around average
394k
0255075100
Same streetBottom 18%Same areaBottom 24%CitywideTop 40%
Same street · Niagara Street
#282 / 343
Bottom 18% · Avg 476.8k
Same area · North River Heights
#1,645 / 2,168
Bottom 24% · Avg 479.3k
Citywide · Winnipeg
#77,585 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1932
0255075100
Same streetBottom 40%Same areaTop 46%CitywideBottom 18%

Lot Size

around average
4,469 sqft
0255075100
Same streetTop 49%Same areaBottom 28%CitywideBottom 33%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

372 Niagara Street — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 268 m), 2 parks (nearest 325 m).

Search radius
🏫Education2
🌳Parks2
💪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%

Sales History

Sold 12/2016CA$250k–300k
Sold price

Same street

Bottom 2%

Same area

Bottom 4%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 372 Niagara Street, Winnipeg

Property Overview: 372 Niagara Street, Winnipeg

Key Characteristics & Appeal

This home at 372 Niagara Street in North River Heights is a classic 1932 bungalow with 926 square feet of living space on a 4,469 sqft lot. Its assessed value of $394,000 sits below the average for its immediate street and neighborhood, but aligns closely with the wider Winnipeg average. This presents a clear value proposition: entry into a well-established, central area at a price point that is competitive city-wide.

The appeal lies in its lot size and location. The property offers a standard-sized yard for the street, providing good outdoor space in a mature neighborhood. For buyers, it represents a practical opportunity. It would suit a first-time homebuyer, an investor, or someone looking to downsize while remaining in a central community. Its price positioning suggests it may be one of the more accessible options in North River Heights, ideal for those prioritizing location over square footage. A thoughtful perspective is that a smaller, older home on a decent lot can offer flexibility—whether that's managing lower utility costs, undertaking a mindful renovation, or simply enjoying a manageable space without the upkeep of a larger property.

Frequently Asked Questions

1. How does the home's size compare to others?
At 926 sqft, the living area is notably smaller than the average home on Niagara Street (approx. 1,491 sqft) and in North River Heights (approx. 1,540 sqft). It is more comparable to the average Winnipeg home (approx. 1,342 sqft).

2. Is the assessed value high for the area?
No. The $394,000 assessment is below the average for both Niagara Street and the North River Heights area. It is, however, very close to the average assessed value for the entire City of Winnipeg.

3. When was it last sold and for how much?
Public records indicate it was sold in December 2016, with the sold price falling within the CA$250,000–$300,000 band. For verified, exact historical sale figures, you can request a manual lookup via email.

4. What is the potential for expansion or renovation?
Built in 1932, the home is of an age where systems may need updating. However, its lot size is consistent with the street, which could provide scope for additions or landscaping, subject to local zoning and permits.

5. How does the lot size compare?
The 4,469 sqft lot is slightly below the average for North River Heights but is fairly typical for Niagara Street itself. It is a manageable size, larger than many city-wide lots, offering a good balance of yard space without excessive maintenance.

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