442 Niagara Street

North River Heights, Winnipeg

65.7

Good

Overall 65.7

Smaller but newer than most nearby homes

1,032 sqft (bottom 19%)

Built in 1945 (8 yrs newer than avg)

Located in a high-income area

with median household income of ~128k

Transit 80.0

3-min walk to transit with 3 nearby routes

Within 500m: 2 schools, 2 parks, and 1 sports facility nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 87%French · 2%

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

65.7 is composed by the two sections below.

Property Score

48.0Low
Living Area1,032 sqft52Fair
Year Built194530Low
Lot Size4,528 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

92.3Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46111047

Community deep dive

$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

Population, labour & age

Population (2021)482
Labour force participation rate69%
Median age40.8
Avg household size2.6
Unemployment rate11%
Population density3442 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households21%
Couple families with children36%
Median household income (2020)$128K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority10%
Bachelor's or higher (25–64)65%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

below average
1,032 sqft
0255075100
Same streetBottom 12%Same areaBottom 19%CitywideBottom 29%
Same street · Niagara Street
#303 / 343
Bottom 12% · Avg 1,491 sqft
Same area · North River Heights
#1,746 / 2,168
Bottom 19% · Avg 1,540 sqft
Citywide · Winnipeg
#137,394 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
485k
0255075100
Same streetTop 32%Same areaTop 33%CitywideTop 22%
Same street · Niagara Street
#111 / 343
Top 32% · Avg 476.8k
Same area · North River Heights
#726 / 2,168
Top 33% · Avg 479.3k
Citywide · Winnipeg
#43,333 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
1945
0255075100
Same streetTop 48%Same areaTop 23%CitywideBottom 22%

Lot Size

around average
4,528 sqft
0255075100
Same streetTop 40%Same areaBottom 32%CitywideBottom 35%

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

442 Niagara Street — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 407 m), 2 parks (nearest 259 m).

Search radius
🏫Education2
🌳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 7/2021CA$400k–450k
Sold price

Same street

Top 50%

Same area

Top 46%

City-wide

Top 27%
Sold 1/2018CA$350k–400k
Sold price

Same street

Bottom 35%

Same area

Bottom 42%

City-wide

Top 34%

Related homes

Highlights & common questions: 442 Niagara Street, Winnipeg

Property Summary: 442 Niagara Street, Winnipeg

Key Characteristics & Appeal

This home at 442 Niagara Street in North River Heights presents a specific and compelling value proposition. Built in 1945, it is a well-situated, character property on a standard city lot. Its primary characteristic is a clear contrast: the living area of 1,032 sq ft is notably below average for both the street and the neighborhood, suggesting a compact or efficiently designed layout. However, its assessed value of $485,000 is above the Winnipeg city-wide average, indicating that its worth is driven by factors beyond sheer square footage.

The appeal lies in its location within a desirable established area and its efficient footprint, which may suit those seeking lower maintenance without sacrificing land ownership. The lot size of 4,528 sq ft is consistent with the area, offering typical outdoor space. This property would likely suit a buyer who prioritizes location and lot over interior size—such as downsizers, small households, or value-focused investors—and who sees potential in a home that may be more affordable to update and maintain due to its scale. A thoughtful perspective is that this home represents an entry point into a prime neighborhood where value is often land-driven, offering the community benefits without the premium for a larger house.

Frequently Asked Questions

1. Why is the assessed value relatively high when the house is below average in size?
The assessed value reflects more than just living area. It accounts for the desirable North River Heights location, the lot value, the home's condition, and market trends for the area. The value is aligned with similar homes on Niagara Street, suggesting the price is driven by location and land.

2. What does the sold price history tell me about this property's market performance?
Previous sales in 2018 and 2021 show the home has appreciated over time, with each sale ranking in a higher percentile city-wide than the last. This indicates a strong historical trajectory in gaining value relative to the broader Winnipeg market.

3. Is a house from 1945 going to need major repairs?
While the building is 81 years old, its year built is actually newer than many homes in North River Heights. This doesn't preclude needed updates, but it suggests the home may be from a later construction period in the neighborhood's development. A thorough inspection is always recommended to understand the condition of major systems.

4. How does this home compare to my other options in Winnipeg?
City-wide, this home offers above-average assessed value on a smaller-than-average living area. This means you are paying a premium per square foot of interior space compared to the city median, but you are gaining that value through its location in a sought-after neighborhood.

5. Where can I see more detailed data about the immediate area?
You can use the provided link to open the neighbourhood analysis page, which maps nearby houses and allows for detailed comparison of year built, living area, assessed value, and lot size for specific context.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.