70.8
Good
Property score
70.8
Good
Overall 70.8
Newer than most nearby homes
1,269 sqft (bottom 33%)
Built in 1948 (11 yrs newer than avg)
Located in a high-income area
with median household income of ~128k
Transit 88.0
1-min walk to transit with 3 nearby routes
Within 500m: 1 school, 3 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
18% 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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70.8 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
483 Niagara Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 253 m), 3 parks (nearest 282 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 483 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 50% | Top 46% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
483 Niagara Street is a well-established home in Winnipeg's North River Heights neighbourhood. Built in 1948, it offers 1,269 square feet of living space on a 4,524 square foot lot, with a municipal assessed value of $430,000. The home last sold in June 2023 for between $400,000 and $450,000.
Key Characteristics & Appeal
This property represents a classic North River Heights offering. Its appeal lies in its established neighbourhood setting and its position as a relatively standard home for the area, both in size and value. The data suggests it is not an outlier but a solid, middle-of-the-road option. Compared to the immediate street and the broader North River Heights area, its living space and lot size are slightly below the local averages, yet its assessed value is proportionally lower as well. On a city-wide scale, however, it presents an interesting perspective: its assessed value ranks in the top 32%, meaning it is valued higher than two-thirds of Winnipeg homes, while its living space is close to the city average. This indicates you are paying a premium for the desirable North River Heights location.
The home would suit a buyer looking for an entry point into this sought-after neighbourhood without the scale or price of its larger, more renovated properties. It’s a practical choice for those who value location and lot size over expansive interior square footage, and who may be planning to update a home to their own tastes over time.
1. How does this home’s value compare to its neighbours?
The home’s assessed value of $430,000 is below the average for both Niagara Street ($476.8k) and the North River Heights area ($479.3k). This could reflect its slightly smaller size or a more conservative assessment, and may represent a relative value opportunity within the neighbourhood.
2. Is the lot size typical for the area?
At 4,524 sqft, the lot is slightly smaller than the averages for both the street (4,870 sqft) and the neighbourhood (5,054 sqft). It is, however, a very standard city lot, offering decent outdoor space without extensive maintenance.
3. The home was built in 1948. Is that older than most in North River Heights?
Interestingly, no. While 1948 feels like an older home city-wide, it is actually a newer build for North River Heights, ranking in the top 12% for year built in the area. The neighbourhood average is 1937, so this home is slightly more modern than many of its peers.
4. What can the 2023 sale price range tell me?
The home sold for between $400,000 and $450,000 in June 2023. This sale price range ranked higher city-wide (top 27%) than it did within the neighbourhood (top 46%), reinforcing that prices in North River Heights are generally above Winnipeg norms.
5. Where can I see more detailed data or exact historical prices?
The provided sold price is an estimated range from public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as they do not have access to MLS sales records.
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