Property Overview: 373 Oxford Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 373 Oxford Street is a substantial, character property built in 1923, offering above-average space and value within its sought-after North River Heights neighbourhood. Its primary appeal lies in its generous 2,146 sqft of living area, which ranks within the top 13% of homes in the area and the top 8% city-wide, providing ample room for a growing or multi-generational family. With an assessed value of $594,000, it sits comfortably above the average for comparable homes on its street, in the neighbourhood, and across Winnipeg, suggesting a well-maintained or updated interior that justifies the valuation.
The lot size of 4,807 sqft is typical for the area, offering a balanced outdoor space without excessive maintenance. A thoughtful perspective for buyers is that this home represents a classic "trade-up" opportunity: it provides significantly more interior space than the Winnipeg average, while the lot size remains manageable. It would suit buyers who prioritize interior square footage and established neighbourhood charm over a brand-new build, and who appreciate a home with a century of history. The data indicates it's a property that stands out for its spaciousness and perceived value in the broader market, making it ideal for professionals, academics, or families seeking a long-term home in a central, mature community.
Frequently Asked Questions
1. How does the 1923 build year affect the home?
While older than most homes on the street and in the city, this is typical for the character of North River Heights. Buyers should budget for potential updates to older systems (like plumbing or electrical) but can also expect solid construction and architectural details often absent in newer builds.
2. What does the above-average assessed value indicate?
An assessed value significantly higher than local averages often reflects recent renovations, premium finishes, or desirable additions that have increased the home’s worth. It’s a strong indicator that the property is not a "fixer-upper" but is likely in move-in ready condition.
3. Is the lot size a limitation?
At just under 5,000 sqft, the lot is average for North River Heights. It provides adequate yard space for gardening or recreation without the high maintenance of a much larger plot, which can be a practical advantage.
4. Who would this home not suit?
It may not be ideal for buyers seeking a ultra-modern, low-maintenance new build, or for those who prioritize a massive, sprawling yard over generous indoor living space.
5. How can I verify the past sale price mentioned?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the site provider for a manually verified report.