Property Overview: 307 Oxford Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 307 Oxford Street is a classic North River Heights property built in 1913, offering a blend of established character and above-average living space. With 1,955 square feet of living area, the home provides more interior space than most comparable properties in the neighbourhood, city, and even on its own street. It sits on a roughly 4,800 sqft lot, which is typical for the area.
The appeal lies in its spaciousness within a mature, sought-after neighbourhood. The assessed value of $473,000 is around the average for North River Heights but is above the wider Winnipeg average, suggesting a solid investment in a stable location. A thoughtful perspective is that this home represents an opportunity to own a character home with generous proportions, without the premium often attached to fully renovated heritage properties. Its last known sale was between $350,000–$400,000 in 2017.
This property would suit a buyer who values space and location over new construction, and who is prepared for the realities of a century-old home. It’s ideal for someone looking for a project—whether cosmetic updates or more significant renovations—to tailor a character home to their taste. It could also appeal to a value-conscious buyer seeking a larger footprint in a prime neighbourhood compared to newer, smaller homes at similar price points.
Frequently Asked Questions
1. What does the "above average" living area ranking practically mean for me?
It means this home offers more interior space than approximately 73% of similar homes on its street, 81% in North River Heights, and 88% citywide. You are getting a notably spacious layout for the area.
2. The home was built in 1913. What should I consider?
While offering classic charm, a home of this age will likely require careful attention to foundational systems like wiring, plumbing, and insulation. A thorough inspection is essential. The upside is the potential for architectural details rarely found in newer builds.
3. How does the assessed value relate to the likely market price?
The assessed value ($473k) is for municipal tax purposes and is typically close to, but not a direct guarantee of, market value. It provides a reliable benchmark showing the home is valued within the core range for North River Heights.
4. The lot size is noted as "around average." Is that a positive?
Yes. In a mature, established neighbourhood like North River Heights, a standard-sized lot is typical and desirable. It provides a balanced yard space without the excessive maintenance of a much larger lot, while still offering room for gardens or outdoor living.
5. Where can I see more detailed data about the neighbourhood and comparable sales?
You can use the provided link to open the neighbourhood map analysis for a visual comparison of nearby homes. For fully verified, exact historical sold prices (as the public data shown is a range), you can request that information directly via email from the site.