Property score
61.7
Fair
Overall 61.7 · Smaller than most nearby homes
973 sqft (bottom 15%) · Built in 1931 (6 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
37% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 90%French · 3%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
61.7 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: #46110382
$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
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
392 Waterloo Street — 6 amenities found within 500 m, across 4 categories, including 2 education (nearest 264 m), 2 parks (nearest 294 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 47% | Top 35% | Top 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 48% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 392 Waterloo Street, Winnipeg
Key Characteristics & Appeal
This home at 392 Waterloo Street in North River Heights is a compact, character property built in 1931. Its primary characteristic is its modest 973 sqft living area, which is notably smaller than most homes on its street and in the wider area. This positions it as an efficient, lower-maintenance footprint. The lot size of 4,822 sqft is fairly typical for the neighbourhood, offering decent outdoor space relative to the home's size.
The appeal lies in its value proposition and location. With an assessed value of $433,000, it sits at a more accessible entry point into the desirable North River Heights area compared to the street's average home value. It recently sold within the $400k-$500k range, confirming its market position. This isn't a sprawling character home, but rather a practical one. It would suit first-time buyers seeking neighbourhood over square footage, downsizers looking to maintain a garden without the upkeep of a large house, or value-focused investors attracted to a stable, established area. A thoughtful perspective is that its smaller size could mean proportionally lower renovation costs if updates are needed, and its older vintage offers the potential for classic architectural charm not found in newer builds.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
The living area is 973 sqft, which is significantly below the average for Waterloo Street (~1,633 sqft) and North River Heights (~1,540 sqft). It is a compact home.
2. Is the assessed value in line with the area?
Yes. The $433,000 assessment is around the average for the immediate area and above the Winnipeg citywide average, reflecting the premium for the North River Heights location.
3. What are the recent sold prices for this property?
Public records indicate it sold in mid-2023 for between $400,000 and $450,000, and again in late 2023 for between $450,000 and $500,000. Exact sale prices require a manual lookup request through the site.
4. How old is the home, and what does that mean?
The home was built in 1931. This means it likely has character details but may also require attention to aging components like plumbing, electrical, or insulation, which should be evaluated during an inspection.
5. Is the lot size a good feature?
The lot of 4,822 sqft is reasonably standard for the area. It provides good outdoor space, which is a positive, especially since the home itself is smaller, balancing indoor and outdoor utility.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
