57.8
Fair
Property score
57.8
Fair
Overall 57.8
Smaller but newer than most nearby homes
888 sqft (bottom 8%)
Built in 1944 (7 yrs newer than avg)
Located in a high-income area
with median household income of ~128k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 2 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
42% 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
439 Waterloo Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 418 m), 2 parks (nearest 273 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 44% | Top 38% | Top 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 439 Waterloo Street, Winnipeg
Key Characteristics & Appeal
This home at 439 Waterloo Street in North River Heights presents a distinct profile defined by its compact size and established neighbourhood. Built in 1944, it sits on a roughly 4,800 sqft lot, which is typical for the area. The most notable characteristic is its living area of 888 sqft, which is significantly below the average for similar homes on its street, in the neighbourhood, and across Winnipeg. This creates a specific dynamic: the assessed value of $440k is around the middle range for the immediate area but is considered above average when viewed across the entire city, suggesting you are paying a premium for the location rather than the size of the home.
Its primary appeal lies in securing a foothold in a desirable, established neighbourhood like North River Heights without the price tag of a larger home on the same block. It suits buyers who prioritize location and land over interior square footage—think minimalist homeowners, downsizers, or investors looking for a character home with renovation potential. A thoughtful perspective is that this property represents an efficient entry point into a top-tier neighbourhood, where the value is anchored more by the community and lot than by the current structure. It’s a practical choice for someone comfortable with a cozy layout who values walkable amenities and mature streets over expansive rooms.
Frequently Asked Questions
1. Why is the assessed value relatively high for a smaller home?
The assessed value reflects the property’s location in North River Heights, a sought-after neighbourhood. Value here is driven more by land value, community amenities, and historic character than by living area alone compared to the city-wide average.
2. What does the sold price range (CA$450k–500k) indicate?
The recent sale in late 2024 within this range confirms the market supported a price above the $440k assessed value. This suggests strong demand for well-located properties in the area, even with modest square footage.
3. Is the smaller living area a concern for resale?
It defines the property’s niche. It will likely always appeal to a specific segment of the market (e.g., singles, couples, downsizers) rather than growing families, which can streamline future marketing but may limit the pool of potential buyers.
4. How does the year built (1944) affect this home?
As an older home, it may require careful inspection for updates to major systems like wiring, plumbing, or insulation. However, its age is typical for the neighbourhood, which is full of well-maintained character homes from this era.
5. Where can I get verified sale history and exact figures?
The provided data is compiled from public sources. For fully verified transaction history and exact sale prices, you must contact the site directly via email for a manual lookup, as they do not have access to or display MLS copyright records.
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