Property score
62.2
Fair
Overall 62.2 · Smaller but newer than most nearby homes
986 sqft (bottom 16%) · Built in 1953 (16 yrs newer than avg)
Located in a high-income area with median household income of ~128k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 3 parks, and 1 place of worship nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Above average
16 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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62.2 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
495 Queenston Street — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 142 m), 3 parks (nearest 291 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 | Bottom 33% | Bottom 44% | Top 32% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 34% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
495 Queenston Street is a 986 sqft bungalow built in 1953, situated on a 4,309 sqft lot in Winnipeg's North River Heights neighbourhood. With an assessed value of $426,000, it presents a specific value proposition defined by its context.
Key Characteristics, Appeal & Ideal Buyer
This home’s primary characteristic is its compact size relative to its surroundings. At under 1,000 sqft, its living area is notably smaller than most homes on its street and in the established North River Heights area. This creates a distinct dynamic: the assessed value sits comfortably in the average range for the desirable neighbourhood, suggesting you are paying for location more than square footage. The lot size is manageable, and the 1953 build date is actually newer than many homes in this specific area, potentially implying fewer immediate heritage-related upkeep concerns than much older neighbours.
The appeal lies in securing a foothold in a prime, mature neighbourhood without the premium for a larger house. It suits pragmatic first-time buyers or downsizers who prioritize location, community, and a smaller footprint over spacious interiors. It could also appeal to an investor or handy buyer seeing potential in a home that, while livable, may benefit from updates over time. A less obvious perspective is that its smaller size and average valuation might offer relative property tax savings compared to larger homes on the street with similar market values.
1. Is the assessed value a reliable indicator of the likely selling price?
While the $426,000 assessment is a municipal benchmark, recent sold price data suggests market value can vary. Nearby sales indicate a range, but for exact historical sale figures of this property, a manual lookup is required.
2. How does the smaller living area impact daily living?
The home is functionally smaller than many in North River Heights. This emphasizes efficient use of space and may mean fewer or cozier rooms. It’s ideal for those comfortable with a simpler layout but could feel constrained for those needing multiple large living areas.
3. What are the implications of the home being "newer" than area averages?
Built in 1953, the home is younger than many in North River Heights. This could mean building components (like wiring or plumbing) are a generation newer than in pre-war homes, though a full inspection is still essential to determine current condition and update needs.
4. What is the neighbourhood like, and what amenities are nearby?
North River Heights is a mature, established neighbourhood known for its tree-lined streets, character homes, and central location. It typically offers convenient access to parks, schools, shopping, and major routes.
5. How does the lot size compare, and what are the landscaping implications?
At 4,309 sqft, the lot is slightly below the area average but still provides decent outdoor space. It is a manageable size for gardening and maintenance, potentially appealing to those who want a yard without the upkeep of a much larger lot.
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