Property Overview: 173 Oxford Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of established neighbourhood character and tangible value. Built in 1952, it offers a comfortable 1,696 sqft of living space, which is notably above the city-wide average. Its assessed value of $478k is consistent with the North River Heights area but sits above the average for Winnipeg as a whole, indicating a premium location.
The property’s most distinguished feature is its generous 7,340 sqft lot, ranking in the top 4% on its street and top 2% in North River Heights. This exceptional outdoor space is a rare find, offering significant potential for gardening, expansion, or simply private recreation. Recent sale history shows steady value appreciation, with the last sale in 2023 in the $450k-$500k range.
Its appeal lies in this combination: a well-sized home in a desirable, central neighbourhood, anchored by an oversized lot that provides both immediate utility and long-term flexibility. It would suit buyers looking for a solid, move-in-ready home with the valuable option to customize or expand later, as well as those who prioritize outdoor space for family living or entertaining. It’s a practical choice for someone seeking a established community without sacrificing room to breathe.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a standout feature. At 7,340 sqft, it is significantly larger than the average lot on Oxford Street (~5,700 sqft) and in North River Heights (~5,050 sqft), placing it in the elite top 2-4% for the immediate area.
2. What does the sale history indicate about the property's value?
The home has changed hands several times in recent years (2016, 2019, 2023), with each sale price band higher than the last. This pattern suggests consistent market demand and value growth in line with or slightly exceeding area trends.
3. Is the home older or newer compared to the neighbourhood?
Built in 1952, the home is actually newer than many in North River Heights, ranking in the top 6% for year built in the area, where the average comparable home was built around 1937.
4. Where can I see exact past sale prices?
The site provides sold price ranges. Due to data source rules, exact sale figures are available by request via email, which the listing service will manually look up and provide.
5. How does the living space compare to an average Winnipeg home?
With 1,696 sqft, the living area is above the city-wide average of 1,342 sqft for comparable homes, ranking in the top 21% citywide. It offers more interior space than most Winnipeg homes while being on par with the averages for its specific street and neighbourhood.