471 Oxford Street

North River Heights, Winnipeg

Property score

62.4

Fair

Overall 62.4 · Smaller than most nearby homes

950 sqft (bottom 13%) · Built in 1939 (2 yrs newer than avg)

Located in a high-income area with median household income of ~123k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 90%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

62.4 is composed by the two sections below.

Property Score

41.5Low
Living Area950 sqft42Low
Year Built193922Low
Lot Size5,409 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

93.8Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110385

Community deep dive

$123K

Median household income

$132K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

19%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)509
Labour force participation rate70%
Median age41.2
Avg household size2.5
Unemployment rate3%
Population density3635 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households19%
Couple families with children36%
Median household income (2020)$123K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority6%
Bachelor's or higher (25–64)72%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

below average
950 sqft
0255075100
Same streetBottom 13%Same areaBottom 13%CitywideBottom 21%
Same street · Oxford Street
#259 / 297
Bottom 13% · Avg 1,641 sqft
Same area · North River Heights
#1,883 / 2,168
Bottom 13% · Avg 1,540 sqft
Citywide · Winnipeg
#153,176 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
326k
0255075100
Same streetBottom 4%Same areaBottom 6%CitywideBottom 38%
Same street · Oxford Street
#285 / 297
Bottom 4% · Avg 480.4k
Same area · North River Heights
#2,048 / 2,168
Bottom 6% · Avg 479.3k
Citywide · Winnipeg
#121,390 / 194,458
Bottom 38% · Avg 390.1k

Year Built

around average
1939
0255075100
Same streetBottom 42%Same areaTop 40%CitywideBottom 19%

Lot Size

above average
5,409 sqft
0255075100
Same streetTop 49%Same areaTop 24%CitywideTop 46%

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

471 Oxford Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 316 m).

Search radius
🌳Parks3
💪Sports1
Worship1

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 6/2024CA$300k–350k
Sold price

Same street

Bottom 23%

Same area

Bottom 21%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 471 Oxford Street, Winnipeg

Property Overview: 471 Oxford Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home is a classic 1939 bungalow on a generous 5,409 sqft lot in the established North River Heights neighbourhood. Its core appeal lies in being a competitively priced entry point into a desirable area. At 950 sqft, the living space is notably compact compared to most homes on the street and in the area, suggesting a efficient, manageable layout. The assessed value of $326k is significantly below the local averages for North River Heights and Oxford Street, but aligns more closely with the wider Winnipeg average. This creates a clear value proposition: you are purchasing location and land size, with the home itself representing a smaller, older structure.

The property would suit first-time buyers or downsizers seeking a lower-cost foothold in a prime neighbourhood, with the understanding that the home may require updates or be appreciated for its simpler scale. It also appeals to value-oriented investors or buyers with renovation plans, as the lot size is above average for North River Heights, offering potential for expansion or outdoor space uncommon in the area. A thoughtful perspective is that this home represents the "bones" of the neighbourhood—a chance to own a classic lot and location without the premium typically attached to larger, updated homes on the same street.

Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value reflects the property’s specific characteristics, primarily its smaller living area (950 sqft) and older age (1939) compared to the larger, often renovated or rebuilt homes that pull the local averages higher.

2. What does the sold price range (CA$300k–350k) indicate?
The recent sale in this range confirms the property transacted at a price well below typical sales on Oxford Street, consistent with its lower assessment. It highlights the market’s valuation of a smaller, older home in a high-demand area.

3. Is the land size a significant feature?
Yes. At 5,409 sqft, the lot is larger than the average for North River Heights. This is a key asset, offering more private outdoor space than many neighbouring properties and potential for future landscaping, gardens, or additions, subject to zoning.

4. How should I interpret the "below average" living area rankings?
This data objectively states that the home’s interior square footage is smaller than most in its immediate context. For some buyers, this means a cozy, low-maintenance home. For others, it confirms that value here is weighted more toward the location and lot than the size of the existing structure.

5. Where can I get verified sale history and exact figures?
The displayed sold price is an estimate from public data. For the exact sale history and verified figures, you must request a manual lookup via email through the site, as this information is not sourced from the MLS system.

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