492 Campbell Street

North River Heights, Winnipeg

Property score

60.7

Fair

Overall 60.7 · Smaller than most nearby homes

968 sqft (bottom 15%) · Built in 1941 (4 yrs newer than avg)

Located in a high-income area with median household income of ~103k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 shop, and 3 parks nearby

Living Area

Below average

37% smaller than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 85%Chinese · 1%

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

60.7 is composed by the two sections below.

Property Score

40.8Low
Living Area968 sqft42Low
Year Built194124Low
Lot Size4,800 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

90.6Excellent
Household Income86Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46111048

Community deep dive

$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

Population, labour & age

Population (2021)418
Labour force participation rate68%
Median age46.0
Avg household size2.3
Unemployment rate6%
Population density2612 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households32%
Couple families with children29%
Median household income (2020)$103K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority3%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 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
968 sqft
0255075100
Same streetBottom 20%Same areaBottom 15%CitywideBottom 23%
Same street · Campbell Street
#319 / 400
Bottom 20% · Avg 1,299 sqft
Same area · North River Heights
#1,839 / 2,168
Bottom 15% · Avg 1,540 sqft
Citywide · Winnipeg
#149,685 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

around average
435k
0255075100
Same streetTop 37%Same areaBottom 44%CitywideTop 31%
Same street · Campbell Street
#149 / 400
Top 37% · Avg 436.9k
Same area · North River Heights
#1,219 / 2,168
Bottom 44% · Avg 479.3k
Citywide · Winnipeg
#60,386 / 194,458
Top 31% · Avg 390.1k

Year Built

around average
1941
0255075100
Same streetBottom 43%Same areaTop 34%CitywideBottom 20%

Lot Size

around average
4,800 sqft
0255075100
Same streetBottom 38%Same areaBottom 38%CitywideBottom 39%

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

492 Campbell Street — 8 amenities found within 500 m, across 4 categories, including 3 dining (nearest 399 m), 1 education (nearest 253 m), 1 shopping (nearest 420 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping1
🌳Parks3

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 7/2022CA$350k–400k
Sold price

Same street

Top 47%

Same area

Bottom 36%

City-wide

Top 38%
Sold 5/2020CA$350k–400k
Sold price

Same street

Bottom 37%

Same area

Bottom 27%

City-wide

Top 46%

Related homes

Highlights & common questions: 492 Campbell Street, Winnipeg

Property Overview: 492 Campbell Street, Winnipeg

Key Characteristics & Appeal

This home presents a classic North River Heights bungalow, built in 1941, on a standard 4,800 sqft lot. Its key characteristic is a compact, efficient living space of 968 sqft, which is notably smaller than most area homes. This creates a distinct value proposition: the assessed value of $435k is firmly in the mid-range for the city and the immediate street, suggesting you are paying primarily for the desirable location and lot, rather than for extensive square footage.

The appeal lies in its efficiency and opportunity. It suits a specific buyer: perhaps a first-time purchaser seeking an entry point into a well-established neighborhood, a downsizer looking to maintain a ground-level home with a manageable yard, or an investor attracted by the lot value and rental demand in the area. It’s a practical choice for those who prioritize location over size and see potential in a home that is simpler and less expensive to maintain, heat, and update than a larger property. A thoughtful perspective is that its smaller size and average valuation for the street could offer relative insulation from market swings compared to more premium, maxed-out properties in the area.

Frequently Asked Questions

1. Is the living area too small?
At 968 sqft, the home is significantly smaller than the North River Heights average. It will suit those comfortable with compact, efficient living but may feel cramped for those needing multiple dedicated rooms or extensive storage.

2. How does the assessed value compare?
The $435k assessment is very close to the average for Campbell Street itself and is above the Winnipeg citywide average. This indicates the value is strongly tied to the lot and location within a sought-after neighborhood.

3. What is the typical maintenance for a home of this age?
Built in 1941, this home is older than most in Winnipeg. Prospective buyers should budget for and anticipate updates to major aging components like plumbing, electrical, roofing, and windows, common for houses of this vintage.

4. What can the sold price history tell me?
The home sold in 2020 and again in 2022, both times within the $350k-$400k range. This recent turnover and price band provide a concrete benchmark for recent market value, though the current assessed value is higher.

5. How can I get the exact past sold prices?
The website does not display exact MLS sold figures due to industry rules. You must request the exact sold price history via email from the site operators, who state they will provide it manually without using your email for marketing.

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