388 Elm Street

North River Heights, Winnipeg

Property score

72.5

Good

Overall 72.5 · Compared with neighbourhood average

1,354 sqft (bottom 42%) · Built in 1931 (6 yrs older than avg)

Located in a high-income area with median household income of ~155k

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

Living Area

Near average

12% smaller than neighborhood avg.

Year Built

Near average

6 yrs older than neighborhood avg.

Mother tongue

English · 90%Chinese · 1%

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

72.5 is composed by the two sections below.

Property Score

56.8Fair
Living Area1,354 sqft71Good
Year Built193122Low
Lot Size4,418 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

96.0Excellent
Household Income94Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health90Excellent

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: #46110383

Community deep dive

$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

Population, labour & age

Population (2021)532
Labour force participation rate78%
Median age42.4
Avg household size2.7
Unemployment rate7%
Population density3325 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children41%
Median household income (2020)$155K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)83%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Chinese · 0%

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

Rankings

Living Area

around average
1,354 sqft
0255075100
Same streetBottom 21%Same areaBottom 42%CitywideTop 38%
Same street · Elm Street
#204 / 258
Bottom 21% · Avg 1,723 sqft
Same area · North River Heights
#1,262 / 2,168
Bottom 42% · Avg 1,540 sqft
Citywide · Winnipeg
#74,397 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
511k
0255075100
Same streetTop 38%Same areaTop 27%CitywideTop 18%
Same street · Elm Street
#99 / 258
Top 38% · Avg 520.8k
Same area · North River Heights
#585 / 2,168
Top 27% · Avg 479.3k
Citywide · Winnipeg
#35,046 / 194,458
Top 18% · Avg 390.1k

Year Built

around average
1931
0255075100
Same streetBottom 42%Same areaTop 47%CitywideBottom 18%

Lot Size

around average
4,418 sqft
0255075100
Same streetBottom 3%Same areaBottom 25%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

388 Elm Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 313 m), 1 parks (nearest 213 m).

Search radius
🏫Education1
🌳Parks1
💪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

388 Elm Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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