Property Overview: 234 Oak Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,620 sqft home, built in 1926, presents a classic North River Heights character property on a 4,824 sqft lot. Its primary appeal lies in its solid city-wide value and established neighbourhood setting. Compared to the entire city, the home offers above-average living space and a higher-than-average assessed value, suggesting a well-sized home in a desirable area. Within its immediate neighbourhood and street, however, it sits around average for both size and value, indicating it is a typical, well-priced offering for North River Heights rather than a standout.
The home’s century-old age is a defining characteristic, making it notably older than most homes on its street, in the area, and across Winnipeg. This will suit buyers who appreciate the charm and potential of a historic home but are prepared for the maintenance and updating that often accompanies it. The lot size is comfortably average for the neighbourhood, offering decent outdoor space without being oversized.
This property would best suit a practical buyer looking for an established, in-demand neighbourhood. It’s ideal for someone who values location and character over new construction, and who sees the assessment—which is above the city median but below the local street average—as a reasonable entry point into a prime area.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value of $459k is around the average for North River Heights but is below the average for Oak Street specifically. This suggests it may offer relative value within a sought-after pocket of the neighbourhood.
2. The home is 100 years old. What should I consider?
While full of character, a home from 1926 will likely require careful attention to foundational, electrical, and plumbing systems. A thorough inspection is essential. Its age is greater than roughly 85% of homes in Winnipeg, so consider your appetite for maintenance or renovation.
3. Is the lot size typical for the area?
Yes. At just under 5,000 sqft, the lot is very close to the average for both North River Heights and Oak Street itself, offering a standard yard size for this mature neighbourhood.
4. The data shows it sold in 2019. Can I find out the exact sale price?
The provided data shows a sold price range of CA$400k–450k for June 2019. Due to data display rules, exact sold prices are not published on the site. You can request the exact figure via email from the site provider, who will manually look it up for you.
5. How does the living space compare to a modern home?
At 1,620 sqft, the home is above the city-wide average for living space. However, it is slightly smaller than the average home on Oak Street. The layout and room proportions of a 1926 build may differ from a modern open-concept design, so consider how the space is configured.