Property score
57.8
Fair
Overall 57.8 · Smaller but newer than most nearby homes
864 sqft (bottom 7%) · Built in 1944 (7 yrs newer than avg)
Located in a high-income area with median household income of ~128k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 sports facility nearby
Living Area
Below average
44% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 87%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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57.8 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: #46111047
$128K
Median household income
$134K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.5
P90 / P10 ratio
21%
Single-person households
36%
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
423 Waterloo Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 373 m), 2 parks (nearest 289 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 4% | Bottom 16% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 423 Waterloo Street, Winnipeg
Key Characteristics & Appeal
This home at 423 Waterloo Street in North River Heights presents a specific and compelling value proposition. Built in 1944, it sits on a roughly 4,800 sqft lot, which is a fairly typical size for the immediate area. Its most defining characteristic is its compact living space of 864 sqft, which is notably smaller than most homes on its street and in the wider neighbourhood. This directly influences its assessed value of $390,000, which sits below the local averages but aligns closely with the typical Winnipeg home.
The primary appeal lies in its position as a potentially more accessible entry point into a well-established, desirable neighbourhood like North River Heights. It suits buyers who prioritize location and land over square footage, such as minimalist homeowners, downsizers seeking to maintain a community connection, or investors looking for a character home with renovation potential. The data suggests you are paying for the address and the lot, with the house itself offering a modest footprint. A thoughtful perspective is that this property represents the "bones" of the neighbourhood—a chance to own a classic lot with a home that, due to its size, may have seen less extensive modernization, offering a clearer canvas for personalized updates.
Frequently Asked Questions
1. Why is the assessed value lower than many neighbours?
The assessed value is closely tied to the home's relatively small living area (864 sqft), which is significantly less than the neighbourhood averages. The value reflects the existing structure more than the land value or location premium.
2. What does the sold price history indicate?
The home last sold between $300,000-$350,000 in October 2017. This historical price, positioned in the lower percentiles for the area even then, reinforces the property's long-standing status as a more value-oriented option on this street.
3. Is the lot size a positive feature?
At 4,822 sqft, the lot is around average for North River Heights. It provides a good balance of outdoor space without the maintenance demands of a much larger yard, which can be a benefit for many buyers.
4. How does the year built affect this home?
Built in 1944, the home is slightly newer than many in North River Heights but older than the citywide average. Buyers should anticipate the potential for updates common to homes of this era, but it also comes with the classic character and established streetscape of the neighbourhood.
5. Where can I get verified sale history and exact figures?
The provided sold price is based on public data. For fully verified transaction history and exact sale prices, you must request a manual lookup via email through the site, as this information is not sourced from the MLS system displayed here.
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