Property Overview: 273 Oxford Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Oxford Street is defined by its generous scale and prime lot. With nearly 3,000 square feet of living space, it ranks within the top 2% of homes in the desirable North River Heights area for size, offering substantially more room than the neighbourhood average. The property sits on a large 7,210 sqft lot, which is also well above average for the area, providing ample outdoor space and potential.
The primary appeal lies in this combination of spacious interiors and a sizable, established lot in a central, mature neighbourhood. It suits buyers looking for a classic Winnipeg character home with room to grow or adapt, who value space over modern construction. A thoughtful perspective is that while the 1914 build date means it is among the older homes on the street, this often correlates with unique architectural character, mature landscaping, and well-established locations. The assessed value is above average, but the recent sold price suggests a premium was paid for these specific attributes—indicating strong market recognition for homes with this profile.
This property would best suit a buyer who prioritizes interior and exterior space in a proven neighbourhood and is prepared for the stewardship of a century-old home. It’s less suited for those seeking a new, low-maintenance build.
Section 2: Frequently Asked Questions
1. How does the home’s age impact its value and appeal?
Built in 1914, the home is notably older than most in the area. This can mean charming original features and a solid build, but it also implies a greater need for attention to updates in systems like plumbing, wiring, or windows. The value is driven by its irreplaceable lot size and spacious layout, not its newness.
2. The sold price was higher than the assessed value. Why?
Assessed value is for municipal tax purposes and often lags behind the current market. The sold price reflects what a buyer recently paid, likely driven by competitive demand for a large, well-located property in a sought-after neighbourhood, exceeding the statutory assessment.
3. Is the lot size a major advantage?
Yes. At over 7,200 sqft, the lot is significantly larger than most in North River Heights. This allows for greater privacy, potential for additions or a garage, expansive gardens, or recreational space—a rare find so close to the city’s core.
4. What does the "Elite" ranking for living area mean?
It means this home’s interior square footage places it in the top few percent of all homes in both the neighbourhood and the entire city. You are getting a genuinely large home by local standards, which is a key differentiator.
5. Where can I get the exact historical sold price data?
The site provides sold price ranges publicly. Due to industry regulations, exact MLS sold figures are not displayed online here. You can request the exact sold history via email through the provided button, and the team will manually send you the verified information.