68.0
Good
Property score
68.0
Good
Overall 68.0
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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68.0 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
467 Niagara Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 307 m), 2 parks (nearest 241 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 467 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 | Top 40% | 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: 467 Niagara Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,194 sqft home, built in 1948, sits on a 4,309 sqft lot in the established North River Heights neighbourhood. Its key appeal lies in its position as a competitively priced entry point into a desirable area. The assessed value of $404k is notably below the local area average, suggesting a relative value opportunity within the community. The home is newer than many in North River Heights, which may appeal to those seeking a post-war character home with potentially fewer concerns about very old infrastructure.
The property would suit first-time buyers or downsizers looking for a foothold in a central, mature neighbourhood without the premium price tag of larger homes on the street. It also represents a practical option for value-conscious buyers who prioritize location over size, as the living space is more compact than many neighbouring homes. A thoughtful perspective is that its "below average" size and value for the immediate area could mean lower property taxes relative to neighbours, while still providing access to the same amenities and community feel.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, the home sold in July 2023 for an estimated $450k-$500k. This sale price ranked in the top 40% for the street and top 38% for North River Heights, indicating it was a strong sale relative to its immediate market at that time.
2. Is the lot size a disadvantage?
While the lot is below the average for both Niagara Street and North River Heights, it is close to the city-wide average. It offers a manageable yard size, which could be ideal for those seeking lower maintenance without forgoing outdoor space entirely.
3. What does the "above average" year built ranking mean for North River Heights?
In a neighbourhood with many homes dating to the 1930s and earlier, a 1948 build is relatively newer. This could imply construction methods or home features that are more aligned with mid-century designs and potentially simpler renovation pathways.
4. How reliable is the sold price data shown?
The displayed sold price is a range based on publicly available data. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this site does not display proprietary MLS sales records.
5. Are the assessed value rankings a good indicator of property taxes?
The assessed value is a key municipal input for calculating property taxes. Ranking below the area average for assessed value often correlates with a below-average tax burden compared to neighbouring properties, though the final tax bill also depends on the annual municipal mill rate.
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