431 Ash Street

North River Heights, Winnipeg

Property score

74.8

Good

Overall 74.8 · Compared with neighbourhood average

1,540 sqft (top 44%) · Built in 1941 (4 yrs newer than avg)

Located in a high-income area with median household income of ~126k

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 sports facility nearby

Living Area

Near average

0% larger than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 84%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

74.8 is composed by the two sections below.

Property Score

63.0Fair
Living Area1,540 sqft79Good
Year Built194124Low
Lot Size4,821 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

92.4Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress93Excellent
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: #46110384

Community deep dive

$126K

Median household income

$128K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

18%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)410
Labour force participation rate68%
Median age44.0
Avg household size2.6
Unemployment rate6%
Population density2157 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children37%
Median household income (2020)$126K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority12%
Bachelor's or higher (25–64)70%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

above average
1,540 sqft
0255075100
Same streetTop 41%Same areaTop 44%CitywideTop 28%
Same street · Ash Street
#147 / 356
Top 41% · Avg 1,605 sqft
Same area · North River Heights
#947 / 2,168
Top 44% · Avg 1,540 sqft
Citywide · Winnipeg
#54,858 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
610k
0255075100
Same streetTop 12%Same areaTop 13%CitywideTop 7%
Same street · Ash Street
#43 / 356
Top 12% · Avg 505.2k
Same area · North River Heights
#274 / 2,168
Top 13% · Avg 479.3k
Citywide · Winnipeg
#14,109 / 194,458
Top 7% · Avg 390.1k

Year Built

around average
1941
0255075100
Same streetBottom 35%Same areaTop 34%CitywideBottom 20%

Lot Size

around average
4,821 sqft
0255075100
Same streetBottom 24%Same areaTop 48%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

431 Ash Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 364 m), 2 parks (nearest 188 m).

Search radius
🏫Education1
🌳Parks2
💪Sports1

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 7/2022CA$700k–750k
Sold price

Same street

Top 8%

Same area

Top 7%

City-wide

Top 3%

Related homes

Highlights & common questions: 431 Ash Street, Winnipeg

Property Overview: 431 Ash Street, Winnipeg

Key Characteristics & Appeal

This 1,540 sqft home, built in 1941, sits on a 4,821 sqft lot in North River Heights. Its primary appeal lies in its strong value proposition within a desirable, established neighbourhood. The home's assessed value of $610k ranks consistently in the top 15% of comparable properties on its street, in the area, and citywide, indicating it is viewed as a premium asset relative to its peers. Interestingly, while the living space is around average for the immediate area, it is above average compared to the typical Winnipeg home, offering solid space efficiency.

The property would suit buyers who prioritize location and perceived value over a newer build or a very large lot. It’s a strong candidate for someone looking for a character home in a prime neighbourhood, with the understanding that a house of this age may require updates or maintenance. The data suggests it appeals to a buyer who sees value in an established community rather than a sprawling suburban lot, as the land size is modest for the street. Its last known sale in mid-2022 was in a very high price percentile, reinforcing its desirability.

Frequently Asked Questions

1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is not an appraisal. However, consistently ranking in the top 12-13% locally suggests the property is considered above average in its market segment, which can be a useful benchmark.

2. What does the age of the home (1941) mean for me?
A home from this era often features solid construction and character but may have older mechanical systems (like plumbing or electrical), insulation, or windows. A thorough inspection is essential to understand the condition and potential update costs.

3. The lot size is below average for Ash Street. Is that a concern?
It depends on your priorities. The lot is more in line with the neighbourhood and city averages. It likely means less yard maintenance but may offer less private outdoor space than some neighbours. It reflects a more efficient use of land.

4. Can I see the exact historical sale price?
For exact sale figures and a full transaction history, you must request a manual lookup via email, as this site does not display MLS sold records due to industry rules.

5. How current is the sold price data shown?
The sold price range shown (CA$700k–750k) is from July 2022. The system uses publicly available data from January 2016 through April 2025, though some months may be missing. For the most precise and verified history, the email request is recommended.

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