Property Overview
252 Oxford Street in North River Heights presents a compelling opportunity centered on space and established value. Built in 1943, this home distinguishes itself with generous proportions both indoors and out, offering a rare blend in a sought-after neighbourhood.
Key Characteristics & Appeal
The home’s primary strength lies in its above-average scale. With 2,016 sqft of living area, it offers more space than roughly 90% of Winnipeg homes. Its most standout feature, however, is the 7,217 sqft lot, which ranks in the top 3-4% within North River Heights. This creates exceptional outdoor potential—whether for gardening, expansion, or simply enjoying a large, private yard—that is increasingly hard to find.
Its assessed value of $564k positions it above average for the city and the area, suggesting a solid foundation of perceived value. While the 1943 build date means prospective buyers should budget for updates, it also places the home within the classic architectural fabric of the neighbourhood. The property last sold in 2019 for an estimated $500k-$550k, indicating a history of steady appreciation.
This home would suit buyers who prioritize lot size and interior space over a move-in-ready, modern finish. It’s ideal for a growing family seeking room to grow, a renovator looking to add value to a well-located property, or anyone who values the established trees and character of River Heights alongside the potential to customize.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is exceptionally large for the area. At over 7,200 sqft, it is significantly bigger than the average lot on Oxford Street (~5,700 sqft) and in North River Heights (~5,050 sqft).
2. What does the "Elite" ranking for land area mean?
This statistical ranking indicates the property’s lot size is in the top 4% of all homes on Oxford Street and the top 3% within the broader North River Heights neighbourhood.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($564k) is for municipal tax purposes and is a useful benchmark, showing the home is valued above city and area averages. However, market conditions, property condition, and recent renovations will ultimately determine the final sale price.
4. The home was built in 1943. What should I consider?
While the structure is from a well-regarded era for craftsmanship, essential systems like wiring, plumbing, and insulation may require inspection and potential updating. The age also presents an opportunity to renovate while preserving character.
5. Can I get the exact historical sale price?
The site provides a sold price range. To obtain the exact figure from the 2019 sale, you must request a manual lookup via email, as the platform does not display MLS sales data directly.