Property score
62.7
Fair
Overall 62.7 · Smaller but newer than most nearby homes
995 sqft (bottom 17%) · Built in 1944 (7 yrs newer than avg)
Located in a high-income area with median household income of ~126k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 84%Chinese · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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62.7 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: #46110384
$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
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
431 Montrose Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 437 m), 1 parks (nearest 148 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 5% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 431 Montrose Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 431 Montrose Street in North River Heights is a classic, compact property built in 1944. Its key characteristic is a clear value proposition: a well-sized lot of nearly 6,000 sqft in a desirable neighbourhood, paired with a modest 995 sqft living area. This creates a distinct profile. The appeal lies in its efficient footprint and the potential of its generous outdoor space. For its assessed value of $435k, it offers a competitively priced entry into a mature, established area where many comparable homes are valued higher.
This property would suit a specific type of buyer. It’s ideal for a first-time homebuyer, a downsizer, or an investor seeking a lower-maintenance home with a solid lot in a prime location. It appeals to those who prioritize location and land over square footage, and who may see potential in the existing structure or value in the possibility of future expansion or garden use. A thoughtful perspective is that this home represents a "land play" in a neighbourhood where the lot itself holds significant value; the smaller house makes the purchase price accessible, while the asset is anchored by the desirable property size and location.
Section 2: Frequently Asked Questions
1. Is the house unusually small for the area?
Yes, the living area is notably smaller than most homes on Montrose Street and in North River Heights. At 995 sqft, it ranks in the bottom 25% for size within the immediate neighbourhood, making it a more compact option.
2. How does the assessed value compare?
The $435k assessment is below the average for Montrose Street but is very close to the average for the wider North River Heights area. City-wide, it sits above average, highlighting the premium for location. This suggests you are paying primarily for the neighbourhood and lot.
3. What is the significance of the large lot?
The 5,997 sqft lot is a standout feature, ranking in the top 20% for size within North River Heights. This is a substantial parcel for the area, offering ample yard space, which is a rarity and a key asset.
4. When was it last sold and for how much?
Public records indicate it was sold in May 2016, with the price listed in the range of $250,000 to $300,000. Exact sale figures require a manual lookup from the provider.
5. What are the implications of the 1944 build year?
Built 82 years ago, the home is older than the city-wide average but typical for this historic neighbourhood. Buyers should budget for the maintenance and potential updates expected with a home of this age, while appreciating the character of an established streetscape.
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