73.7
Good
Property score
73.7
Good
Overall 73.7
Older than most nearby homes
1,350 sqft (top 39%)
Built in 1950 (3 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 3 parks, 1 sports facility, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
0% larger than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 2%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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73.7 is composed by the two sections below.
Property Score
Community Score
Central River Heights
How to read: Share of sales in each ~$50k price band for “central river heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111045
$137K
Median household income
$176K
Average household income
2%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.7
P90 / P10 ratio
19%
Single-person households
43%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
511 Waverley Street — 5 amenities found within 500 m, across 3 categories, including 3 parks (nearest 337 m).
Central River Heights · WPS public data · 2026
Annual incidents
1
2026
vs. city avg
-97%
relative to avg
Year-over-year
▼ -99%
vs. prior year
Primary type
Other
100%
Local garbage, recycling, and yard waste pickup schedule for 511 Waverley Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 13% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 511 Waverley Street, Central River Heights
Key Characteristics & Buyer Profile
This two-storey home, built in 1950, presents a practical opportunity in the sought-after Central River Heights neighbourhood. Its primary appeal lies in its balance of a central location and a manageable scale. The home features 1,350 sqft of living space and sits on a 5,096 sqft lot, which is slightly below average for the immediate street but typical for the wider area. A key updated feature is the renovated basement, adding valuable finished space. The property includes a detached garage.
The home’s metrics suggest it is a solid, mid-tier property rather than a standout in size or assessed value. This translates to a more accessible price point within a desirable community. It would suit first-time buyers or downsizers seeking established neighbourhood character without the premium for a larger lot or a fully modernized home. The renovated basement also makes it a fit for those who need flexible space for a home office, family room, or guests, but don't want a renovation project. A thoughtful perspective is that while the lot is not the largest on the block, it offers ample outdoor space for gardening or recreation without the upkeep burden of a massive yard.
Frequently Asked Questions
1. How does the lot size compare?
The lot of 5,096 sqft is below the average for Waverley Street itself but is very close to the average for both Central River Heights and the city of Winnipeg overall. It provides a standard urban yard.
2. Is the home newer or older than most in the area?
Built in 1950, it is newer than many homes on its street but is slightly older than the average home in Central River Heights and significantly older than the Winnipeg citywide average. It is a classic post-war build.
3. What does the assessed value indicate?
The assessed value is below average for both the street and the neighbourhood, which often correlates with a more moderate sale price. This can represent a value entry point into the area.
4. What is the living space like?
At 1,350 sqft, the living area is near the citywide average. It is smaller than the average for Waverley Street but comparable to many homes in Central River Heights, indicating a comfortable but not expansive floor plan.
5. Was the basement renovation permitted?
The listing notes a renovated basement, but specific details on permits and the quality of finishes are not provided here. This is a key question for a home inspection and discussion with the seller.
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