70.5
Good
Property score
70.5
Good
Overall 70.5
Smaller but newer than most nearby homes
1,194 sqft (bottom 28%)
Built in 1948 (11 yrs newer than avg)
Located in a high-income area
with median household income of ~128k
Transit 80.0
2-min walk to transit with 3 nearby routes
Within 500m: 1 school, 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
22% smaller than neighborhood avg.
Year Built
Above average
11 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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70.5 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
463 Niagara Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 320 m), 2 parks (nearest 233 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%
Local garbage, recycling, and yard waste pickup schedule for 463 Niagara Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 16% | Bottom 23% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 463 Niagara Street, Winnipeg
Key Characteristics & Appeal
This home presents a compelling value proposition centered on its generous lot size. Built in 1948, the 1,194 sqft house sits on a notably large 6,463 sqft parcel of land, which ranks in the top 10% for size within the desirable North River Heights neighborhood. This creates significant potential for expansion, gardening, or outdoor living that is harder to find on newer, more subdivided lots.
While the living space is modest compared to immediate neighbors, its assessed value of $457k is above the Winnipeg citywide average, suggesting the land and location contribute substantial worth. The property suits practical buyers who prioritize land over sheer interior square footage. It’s ideal for someone looking for a solid post-war home in an established area with room to grow, whether that means a future addition, a workshop, or simply enjoying a larger, private yard. Its citywide value ranking also indicates a stable, equity-rich asset compared to many properties across Winnipeg.
Frequently Asked Questions
1. Is the house smaller than others on the street?
Yes. The living area is below the street and neighborhood average. The appeal here is balanced toward the larger lot, offering different value than a home with maximized interior space.
2. What does the assessed value tell us?
At $457k, it’s near the average for North River Heights but ranks above average citywide. This indicates you are paying for a premium location, with the property holding more value than the typical Winnipeg home.
3. How does the lot size compare?
This is the standout feature. The lot is significantly larger than most on Niagara Street and in North River Heights, ranking in the top 9% for the area.
4. When was it last sold, and for how much?
Public records show it sold in October 2016 for between $300,000 and $350,000. Exact sale prices require a manual lookup from verified sources.
5. What are the possible trade-offs?
You are trading interior square footage for land. Updates or renovations typical of a 78-year-old home may be needed, but the lot offers a unique advantage that cannot be easily replicated in this neighborhood.
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