74.0
Good
Property score
74.0
Good
Overall 74.0
Newer than most nearby homes
1,440 sqft (bottom 49%)
Built in 1945 (8 yrs newer than avg)
Located in a high-income area
with median household income of ~123k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 parks, 1 sports facility, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 90%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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74.0 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: #46110385
$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
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
492 Oxford Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 230 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 39% | Top 36% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 492 Oxford Street in North River Heights presents a solid, mid-century property with a clear value proposition rooted in its established neighbourhood. Built in 1945, it offers 1,440 sqft of living space on a 4,498 sqft lot. The appeal lies in its above-average assessed value of $501k relative to the wider city, suggesting a strong perceived worth in a desirable area. It suits practical buyers looking for a character home in a prime location without the premium lot size, or those who value interior space over extensive yard maintenance. A thoughtful perspective is that while the lot is smaller than many on its street, this often translates to less upkeep. Its value ranking significantly higher than its size ranking indicates the address itself carries substantial weight.
Frequently Asked Questions
1. How does the property's value compare to nearby homes?
The home's assessed value is above average for both the North River Heights area and the city overall, but is around the average for Oxford Street itself. This suggests you are paying for the specific, well-regarded location within the neighbourhood.
2. Is the lot size a disadvantage?
The lot is smaller than many on Oxford Street and in North River Heights. For some, this means less garden space. For others, it represents a manageable yard with lower maintenance costs, while still providing a generous city-wide average lot size.
3. What does the year built mean for potential renovations?
Built in 1945, the home is older than the Winnipeg average. Buyers should budget for potential updates common to houses of this era, but can also expect the character and build quality typical of North River Heights homes from this period.
4. How reliable is the sold price data from 2019?
The listed sale from 2019 provides a historical benchmark, but market conditions have changed. For fully verified and current transaction data, you must request a manual lookup from the site, as they do not display MLS records.
5. What kind of buyer would this home not suit?
It may not suit buyers seeking a very large lot, a modern build, or those whose primary goal is maximum square footage for the price within this specific neighbourhood, as the living area is around the local average.
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