395 Oxford Street

North River Heights, Winnipeg

Property score

62.9

Fair

Overall 62.9 · Smaller than most nearby homes

987 sqft (bottom 16%) · Built in 1943 (6 yrs newer than avg)

Located in a high-income area with median household income of ~188k

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

Living Area

Below average

36% smaller than neighborhood avg.

Year Built

Near average

6 yrs newer than neighborhood avg.

Mother tongue

English · 89%French · 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

62.9 is composed by the two sections below.

Property Score

40.8Low
Living Area987 sqft42Low
Year Built194324Low
Lot Size4,808 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

96.1Excellent
Household Income97Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110386

Community deep dive

$188K

Median household income

$272K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.6

P90 / P10 ratio

11%

Single-person households

45%

Families with children

Population, labour & age

Population (2021)512
Labour force participation rate68%
Median age44.0
Avg household size3.0
Unemployment rate5%
Population density3413 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children45%
Median household income (2020)$188K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$592K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority14%
Bachelor's or higher (25–64)86%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

below average
987 sqft
0255075100
Same streetBottom 19%Same areaBottom 16%CitywideBottom 24%
Same street · Oxford Street
#242 / 297
Bottom 19% · Avg 1,641 sqft
Same area · North River Heights
#1,811 / 2,168
Bottom 16% · Avg 1,540 sqft
Citywide · Winnipeg
#146,977 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
453k
0255075100
Same streetTop 41%Same areaTop 47%CitywideTop 28%
Same street · Oxford Street
#123 / 297
Top 41% · Avg 480.4k
Same area · North River Heights
#1,025 / 2,168
Top 47% · Avg 479.3k
Citywide · Winnipeg
#54,181 / 194,458
Top 28% · Avg 390.1k

Year Built

around average
1943
0255075100
Same streetBottom 43%Same areaTop 31%CitywideBottom 20%

Lot Size

around average
4,808 sqft
0255075100
Same streetBottom 41%Same areaBottom 41%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

395 Oxford Street — 4 amenities found within 500 m, across 3 categories, including 1 parks (nearest 382 m).

Search radius
🌳Parks1
💪Sports1
Worship2

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 6/2021CA$350k–400k
Sold price

Same street

Bottom 31%

Same area

Bottom 31%

City-wide

Top 42%

Related homes

Highlights & common questions: 395 Oxford Street, Winnipeg

Property Overview: 395 Oxford Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 395 Oxford Street is a classic North River Heights property, built in 1943 on a generous 4,808 sqft lot. Its key characteristic is a compact, efficient living space of 987 sqft, which is notably smaller than many area homes but sits on a lot that is very typical for the neighbourhood. This creates an interesting value proposition: you are investing significantly in the land and location, with a house that may require modernization but offers solid fundamentals.

The appeal lies in its established, sought-after location and its relative value within the wider city. While the living area is below average for North River Heights, its assessed value of $453k is above the Winnipeg city-wide average, highlighting the premium for this mature neighbourhood. This property would suit a practical buyer who values location over sheer interior size—perhaps a first-time buyer looking to enter a stable area, someone interested in a long-term property with renovation potential, or an investor attracted by the enduring value of a well-located lot. It represents an opportunity to own a character home in a prime area without the price tag of a larger, fully updated property.

Frequently Asked Questions

1. Is the house in need of major updates?
Given its age (1943), buyers should budget for updates to major systems like plumbing, electrical, or the roof. The interior layout and finishes are likely dated, presenting both a project and an opportunity to customize.

2. How does the property’s value compare to recent sales?
The home sold between $350k-$400k in mid-2021. Its current assessed value of $453k is around the neighbourhood average, suggesting steady appreciation. For exact historical sale figures, a manual lookup can be requested.

3. The living area seems small. Is there room to expand?
The 987 sqft footprint is compact, but the nearly 5,000 sqft lot provides a significant opportunity for a future addition or renovation, subject to local zoning and permit approvals.

4. What are the immediate neighbours like?
The nearby properties on Oxford Street are a mix of similar vintage homes, with a wide range of sizes and conditions. A new, large home at 444 Waverley Street (built 2021) is also noted nearby, indicating the area's appeal for redevelopment.

5. Why is the assessed value above the city average when the house is smaller?
This reflects the strong desirability and land value of the North River Heights neighbourhood. You are paying a premium for the location, lot size, and community, which consistently outperform many other areas of Winnipeg.

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