63.4
Fair
Property score
63.4
Fair
Overall 63.4
Smaller but newer than most nearby homes
926 sqft (bottom 11%)
Built in 1952 (15 yrs newer than avg)
Located in a high-income area
with median household income of ~103k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 4 dining spots, 1 school, 1 shop, and 4 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Above average
15 yrs newer than neighborhood avg.
Mother tongue
English · 85%Chinese · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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63.4 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: #46111048
$103K
Median household income
$117K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
32%
Single-person households
29%
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
488 Lindsay Street — 12 amenities found within 500 m, across 6 categories, including 4 dining (nearest 202 m), 1 education (nearest 398 m), 1 shopping (nearest 234 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 35% | Bottom 49% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 488 Lindsay Street, Winnipeg
Key Characteristics & Appeal
This home presents a practical opportunity in the established North River Heights neighborhood. Built in 1952, its 926 sqft living space is notably compact compared to area averages, suggesting a efficient, manageable layout. The true standout is the 5,759 sqft lot, which is larger than most in North River Heights, offering valuable outdoor space and potential.
Its appeal lies in this balance of a modest, maintainable home on a generous lot within a desirable area. The assessed value of $438k sits around the average for the street but is above the city-wide average, reflecting the neighborhood's premium. It last sold between $400k-$450k in late 2021.
This property would best suit buyers prioritizing land size over interior square footage. It's ideal for a first-time buyer, downsizer, or investor seeking a lower-maintenance home in a prime location with room for a garden, patio, or future expansion. It represents an entry point into a sought-after community where the land itself is a significant asset.
Frequently Asked Questions
1. Is the house unusually small for the area?
Yes. The living area is below average for Lindsay Street and significantly smaller than the typical North River Heights home. This indicates a cozy, efficient footprint.
2. What does the above-average lot size mean for me?
The lot is larger than approximately 80% of those in North River Heights. This provides more private outdoor space, better potential for landscaping, and possible future development options (subject to zoning).
3. How does the assessed value compare?
At $438k, it's near the middle for the immediate street but above the Winnipeg city average. This suggests you are paying a premium for the location within a well-regarded neighborhood.
4. The home was last sold in 2021. Should I be concerned?
A relatively recent sale isn't inherently a concern. It's worth investigating what, if any, updates were made during that ownership period to understand the current condition.
5. Where can I get the exact historical sold price?
The exact sale price is not publicly displayed due to industry regulations. You can request the precise figure via email from the site provider, who will manually retrieve the data for you.
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