Property Overview: 375 Niagara Street, Winnipeg
Key Characteristics & Appeal
This home at 375 Niagara Street in North River Heights presents a balanced offering in a well-established neighborhood. Built in 1937, it is a character home of its era, with a living area of 1,323 sqft situated on a 4,308 sqft lot. The data reveals a property that is very much in line with its immediate surroundings. Its assessed value of $479k is typical for Niagara Street and North River Heights, but ranks above average city-wide, suggesting you are paying for the established location. The lot size is somewhat smaller than others in the area, which could mean less yard maintenance but also less private outdoor space.
Its appeal lies in its position within a stable, mature community. It suits a buyer looking for a home in a central Winnipeg neighborhood without extreme outliers in size or value—a solid, predictable offering. It would be ideal for someone who values character and location over a brand-new build or a very large lot, and who is comfortable with a home that may require updates consistent with its age. A thoughtful perspective is that its "average" metrics within the neighborhood indicate a lower risk of being over-improved or an outlier, potentially making its value and future resale more straightforward to gauge.
Frequently Asked Questions
1. How does the lot size compare?
The lot of 4,308 sqft is below the average for both Niagara Street and the wider North River Heights area. This means a more manageable yard but potentially less space for expansions, decks, or gardening compared to some neighbors.
2. Is the assessed value high for the city?
Yes. While the assessed value is typical for this specific street and neighborhood, it ranks in the top 23% city-wide. This highlights that a portion of the value is attributed to the established North River Heights location.
3. What does the year built tell me?
Built in 1937, the home is older than most in Winnipeg overall but is typical for North River Heights. Buyers should anticipate the potential for updates to older mechanical systems, windows, or insulation, which is common for homes of this vintage.
4. How accurate is the sold price data shown?
The site notes that sold price data is from public sources, not the MLS, and is presented in a range. For fully verified and exact historical sale figures, you must request a manual lookup via email from the service.
5. What does it mean that most metrics are "around average" for the area?
This indicates the property is very representative of the North River Heights neighborhood. It suggests a stable, predictable investment in terms of size and value for the area, but likely without unique features that would make it stand out significantly from other homes on the block.