448 Ash Street

North River Heights, Winnipeg

70.1

Good

Overall 70.1

Compared with neighbourhood average

1,246 sqft (bottom 31%)

Built in 1941 (4 yrs newer than avg)

Located in a high-income area

with median household income of ~126k

Transit 80.0

4-min walk to transit with 3 nearby routes

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

Living Area

Below average

19% smaller 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

70.1 is composed by the two sections below.

Property Score

55.2Fair
Living Area1,246 sqft66Good
Year Built194124Low
Lot Size4,819 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

around average
1,246 sqft
0255075100
Same streetBottom 22%Same areaBottom 31%CitywideTop 46%
Same street · Ash Street
#279 / 356
Bottom 22% · Avg 1,605 sqft
Same area · North River Heights
#1,506 / 2,168
Bottom 31% · Avg 1,540 sqft
Citywide · Winnipeg
#89,531 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
408k
0255075100
Same streetBottom 25%Same areaBottom 31%CitywideTop 36%
Same street · Ash Street
#266 / 356
Bottom 25% · Avg 505.2k
Same area · North River Heights
#1,490 / 2,168
Bottom 31% · Avg 479.3k
Citywide · Winnipeg
#70,801 / 194,458
Top 36% · Avg 390.1k

Year Built

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

Lot Size

around average
4,819 sqft
0255075100
Same streetBottom 7%Same areaBottom 43%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

448 Ash Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 407 m), 2 parks (nearest 116 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 448 Ash Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 6/2019CA$350k–400k
Sold price

Same street

Bottom 22%

Same area

Bottom 30%

City-wide

Top 44%

Related homes

Highlights & common questions: 448 Ash Street, Winnipeg

Property Overview: 448 Ash Street, Winnipeg

Key Characteristics & Appeal

This home at 448 Ash Street in North River Heights presents a practical opportunity in a well-regarded neighborhood. Built in 1941, it is a character home of its era, with a living area of 1,246 sqft situated on a 4,819 sqft lot. The appeal here is grounded in value and location. With an assessed value of $408,000, it sits below the average for Ash Street itself, yet is reasonably aligned with broader area and city averages. This suggests a potentially more accessible entry point into a desirable area.

The home would suit first-time buyers or downsizers seeking established neighborhood charm without a premium price tag. Its lot size, while smaller than others on the street, is near the average for North River Heights, offering manageable outdoor space. A thoughtful perspective is that this property represents a "neighborhood play"—the value is significantly derived from its location within River Heights, offering the community benefits, mature tree canopy, and convenience often associated with the area, in a home that may require personalization or updates reflective of its age.

Frequently Asked Questions

1. How does the assessed value relate to likely market price?
The assessed value of $408k is for municipal tax purposes and is a historical snapshot. Market price is determined by current conditions. The last known sale was between $350k-$400k in mid-2019, providing a historical benchmark.

2. Is the living space small for the area?
At 1,246 sqft, it is below the average for Ash Street, but near the average for Winnipeg overall. It offers a more compact footprint, which could mean lower utility costs and less maintenance, appealing to those seeking efficiency.

3. What should I consider about a home built in 1941?
While possessing classic character, a home of this age may have original systems (like plumbing or electrical) that could require inspection and potential updating. This also offers the chance to renovate and add value over time.

4. The lot is smaller than others on the street. Is that a major drawback?
While it ranks in the bottom 7% for lot size on Ash Street, it is close to the neighborhood average. This could mean a more manageable yard for maintenance and a closer-knit streetscape feel.

5. How can I find out the exact past sale prices?
The site provides sold price ranges for context. Due to data licensing rules, exact sold prices are not displayed publicly. You can request the exact historical figures via email from the site provider for verified details.

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