Property Overview: 194 Oxford Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This is a substantial, century-old character home situated on a large lot in the desirable North River Heights neighborhood. Its primary appeal lies in its generous proportions, both in living space and land size. With 2,624 sqft of living area, it ranks in the top 4% of homes in its area and the top 2% city-wide for size. The 7,213 sqft lot is equally impressive, placing in the top 4% locally. This combination offers rare potential for both spacious interior living and outdoor enjoyment or expansion.
The home’s assessed value of $659k reflects its premium standing, ranking in the elite top 5% across Winnipeg. A key, less obvious perspective is that while the 1914 build date means it is among the older homes on its street, this also signifies a well-established, mature property in a stable area. The data suggests you are purchasing significant above-average space and land, with the understanding that a home of this age may require a thoughtful approach to maintenance or modernization.
This property would best suit buyers looking for a classic home with ample room to grow, who value character and location over new construction. It’s ideal for those who appreciate the established feel of North River Heights and have the vision—and potentially the budget—to steward a historic property, whether maintaining its original charm or thoughtfully updating it.
Frequently Asked Questions
1. What does the "Elite" or "Top X%" ranking actually mean?
These rankings compare this specific property against all other homes on Oxford Street, in the North River Heights area, and across the entire city of Winnipeg. For example, ranking in the "Top 2%" for living area city-wide means 98% of Winnipeg homes are smaller. It’s a data-driven way to show this home's standout features.
2. The home was built in 1914. Should I be concerned?
It’s a defining characteristic. While it offers classic charm and sturdy construction, a professional inspection is essential to understand the condition of major systems (roof, plumbing, electrical, foundation) which may have been updated over time. The rankings confirm its age is typical for the neighborhood’s character.
3. How reliable is the sold price data shown?
The listed sold price range (CA$650k–700k in May 2021) is based on publicly available data, not the MLS. The site offers to provide exact, verified sale figures via email upon request to ensure accuracy for serious buyers.
4. The lot is large. What are the possibilities?
A lot in the top 4% of the area offers valuable flexibility. Potential uses could include extensive landscaping, adding a detached garage or workshop, or creating expansive outdoor living spaces. It’s important to verify any plans with local zoning bylaws.
5. Who are the likely neighbors, and what are nearby homes like?
The listing shows direct neighbors on Oxford Street and similar-valued homes across Winnipeg. The data indicates you are in a zone of highly valued, larger properties. For a detailed visual analysis of the immediate neighborhood's property metrics, the listing provides a link to a dedicated map analysis page.