385 Ash Street

North River Heights, Winnipeg

Property score

61.9

Fair

Overall 61.9 · Smaller than most nearby homes

935 sqft (bottom 12%) · Built in 1940 (3 yrs newer than avg)

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

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

39% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer 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

61.9 is composed by the two sections below.

Property Score

40.8Low
Living Area935 sqft42Low
Year Built194024Low
Lot Size4,822 sqft60Fair
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
935 sqft
0255075100
Same streetBottom 3%Same areaBottom 12%CitywideBottom 19%
Same street · Ash Street
#345 / 356
Bottom 3% · Avg 1,605 sqft
Same area · North River Heights
#1,911 / 2,168
Bottom 12% · Avg 1,540 sqft
Citywide · Winnipeg
#156,577 / 194,458
Bottom 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetTop 41%Same areaTop 37%CitywideTop 24%
Same street · Ash Street
#146 / 356
Top 41% · Avg 505.2k
Same area · North River Heights
#810 / 2,168
Top 37% · Avg 479.3k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

around average
1940
0255075100
Same streetBottom 29%Same areaTop 38%CitywideBottom 19%

Lot Size

around average
4,822 sqft
0255075100
Same streetBottom 39%Same areaTop 42%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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

385 Ash Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 226 m), 2 parks (nearest 284 m).

Search radius
🏫Education1
🌳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 11/2020CA$400k–450k
Sold price

Same street

Bottom 48%

Same area

Top 46%

City-wide

Top 27%

Related homes

Highlights & common questions: 385 Ash Street, Winnipeg

Property Overview: 385 Ash Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a classic, compact bungalow built in 1940, situated on a standard-sized lot in North River Heights. Its defining characteristic is its modest 935 sqft living area, which is notably smaller than most homes on its street and in the wider area. This creates a distinct value proposition. The assessed value of $475k is competitive, sitting around the average for the neighbourhood but above the average for the city as a whole, suggesting the value is anchored in the desirable location rather than the size of the home.

The appeal lies in a practical blend of location and affordability within a well-regarded community. It suits first-time buyers or downsizers seeking an entry point into a mature neighbourhood without the upkeep of a larger property. It’s also a potential candidate for investors or renovators who see value in the lot and location, with the smaller existing footprint offering a clearer path to an addition or significant update. A less obvious perspective is that this home represents a lower-impact, more efficient living option in a central area, appealing to those prioritizing location over square footage and potentially lower utility costs.

Section 2: Frequently Asked Questions

1. Is the house significantly smaller than its neighbours?
Yes. At 935 sqft, the living area is well below the average for Ash Street (~1,605 sqft) and North River Heights (~1,540 sqft). This is the home's most standout statistical feature.

2. How does its value compare to other homes?
Its $475k assessment is typical for North River Heights but is above the Winnipeg city-wide average. This indicates you are paying a premium for the location within a established neighbourhood.

3. When was it last sold and for how much?
Public records indicate it sold in November 2020, with the sold price falling within the $400,000 - $450,000 range. Exact sale figures require a manual request through the site.

4. What is the lot size and potential?
The lot is 4,822 sqft, which is generally in line with area averages. This standard lot size could be a key asset for future expansion or landscaping, offsetting the smaller interior.

5. How can I get verified historical price data?
The site does not display MLS records. To obtain the full, exact transaction history, you must request it directly via email, and the team will provide the details manually.

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