Property Overview: 379 Niagara Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 379 Niagara Street in North River Heights presents a solid, middle-of-the-road opportunity in a desirable neighbourhood. Built in 1937, its 1,358 sqft living space and $442k assessed value are both very typical for the immediate street and area, indicating it’s a standard offering for this community. Its appeal lies in this very consistency—it’s a known quantity in a well-established area, not an outlier in price or size.
A thoughtful perspective is its city-wide standing. While average for North River Heights, its assessed value ranks within the top 30% across all of Winnipeg, suggesting you are buying into an area that holds above-average value city-wide. The lot size (4,308 sqft) is smaller than many in the neighbourhood, which could mean less yard maintenance but may also limit expansion potential compared to neighbours.
This property would suit a buyer looking for a straightforward entry into a mature, stable neighbourhood without extreme features. It’s for someone who values the character and location of North River Heights over a modern or oversized footprint, and who is comfortable with the maintenance considerations of an 89-year-old home.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, the home sold between $400k-$450k in April 2021. Its current assessed value of $442k sits close to that range and is typical (top 53-57%) for the North River Heights area.
2. Is the living space smaller than average?
At 1,358 sqft, it is moderately smaller than the immediate area average (~1,540 sqft) but is very close to the city-wide average. The space is typical for the street itself, ranking in the top 60%.
3. What should I consider about the lot size?
The lot is 4,308 sqft, which is below average for both Niagara Street and North River Heights. This likely means a smaller backyard than some neighbouring properties but could be attractive for those seeking lower outdoor maintenance.
4. Does the 1937 build date mean significant updates are needed?
The age is typical for the area. A pre-purchase inspection is essential to determine the condition of major aging components like the roof, plumbing, wiring, and foundation, which may require attention or updating.
5. How can I get the exact historical sale price?
The site provides sold price ranges for non-members. To receive the exact sale figure and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.