447 Niagara Street

North River Heights, Winnipeg

76.3

Good

Overall 76.3

Newer than most nearby homes

1,610 sqft (top 38%)

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: 1 school, 2 parks, and 1 sports facility nearby

Living Area

Near average

5% larger 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

76.3 is composed by the two sections below.

Property Score

65.6Good
Living Area1,610 sqft83Excellent
Year Built194530Low
Lot Size4,309 sqft53Fair
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

above average
1,610 sqft
0255075100
Same streetTop 33%Same areaTop 38%CitywideTop 25%
Same street · Niagara Street
#112 / 343
Top 33% · Avg 1,491 sqft
Same area · North River Heights
#834 / 2,168
Top 38% · Avg 1,540 sqft
Citywide · Winnipeg
#48,384 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
492k
0255075100
Same streetTop 30%Same areaTop 32%CitywideTop 21%
Same street · Niagara Street
#103 / 343
Top 30% · Avg 476.8k
Same area · North River Heights
#685 / 2,168
Top 32% · Avg 479.3k
Citywide · Winnipeg
#40,982 / 194,458
Top 21% · Avg 390.1k

Year Built

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

Lot Size

around average
4,309 sqft
0255075100
Same streetBottom 27%Same areaBottom 18%CitywideBottom 31%

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

447 Niagara Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 371 m), 2 parks (nearest 209 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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 447 Niagara Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 12/2021CA$450k–500k
Sold price

Same street

Top 20%

Same area

Top 26%

City-wide

Top 16%

Related homes

Highlights & common questions: 447 Niagara Street, Winnipeg

Property Overview

447 Niagara Street is a well-established home in Winnipeg's North River Heights neighbourhood. Built in 1945, it offers 1,610 square feet of living space on a 4,309 square foot lot, with a current assessed value of $492,000.

Key Characteristics & Appeal

This home presents a solid, middle-ground option in a desirable area. Its primary appeal lies in its efficient use of space; the living area is above the city-wide average, offering more interior room than many homes across Winnipeg, all situated on a modestly-sized lot that requires less maintenance. The assessed value is consistently above average, particularly city-wide, suggesting a strong perceived worth for its size and location.

It suits practical buyers looking for a character home in a mature neighbourhood without the burden of an oversized yard. It’s ideal for those who value interior space over extensive landscaping, and for buyers seeking a property that holds a competitive position in the broader market. A thoughtful perspective is that while the lot is smaller than others on the street, this often translates to lower upkeep costs and a more manageable outdoor space, which can be a hidden benefit for busy professionals or downsizers.


Frequently Asked Questions

How does this home compare in size to others nearby?
At 1,610 sqft, the living area is close to the average for both Niagara Street and the wider North River Heights area. It provides a comfortable amount of space that is actually larger than the typical home across the entire city.

Is the assessed value reasonable for the area?
The assessed value of $492,000 is above the average for Niagara Street and significantly above the Winnipeg city average. It aligns closely with the typical value for the North River Heights neighbourhood, indicating it is priced in line with this established community.

What should I know about the lot size?
The lot of 4,309 sqft is smaller than most in the immediate area and neighbourhood. This is a key consideration if a large yard is a priority, but it also means less exterior maintenance.

How old is the property, and what does that imply?
Built in 1945, the home is older than most in Winnipeg but is actually newer than many homes in North River Heights. Buyers should be prepared for the potential maintenance and update needs common to houses of this era, while also appreciating the classic character and established streetscape.

What was the previous sale price?
Records indicate it last sold in December 2021 for between $450,000 and $500,000. For verified, exact historical sale figures, you can request a manual lookup via email on the property's detail page.

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