77.4
Good
Property score
77.4
Good
Overall 77.4
Larger but older than most nearby homes
1,694 sqft (top 16%)
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, 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
Above average
26% 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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77.4 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
539 Waverley Street — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 350 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 539 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 | Top 36% | Top 21% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 539 Waverley Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1950, sits on a mature lot in Central River Heights. Its primary appeal lies in its balance of established neighbourhood charm and practical updates. The home features a renovated basement and a detached garage, offering both modern convenience and classic utility.
The property’s standout characteristic is its generous living space. At nearly 1,700 square feet, the home is notably larger than many others in the neighbourhood and across Winnipeg, providing ample room for daily life. While the lot size is more modest compared to others on Waverley Street, it remains manageable and typical for the central area. The home’s assessed value positions it above average for both the neighbourhood and the city, suggesting a solid investment in a desirable location.
This property would suit buyers looking for a character home in a prime inner-city neighbourhood without requiring major work, thanks to the renovated basement. It’s ideal for small families, professionals, or downsizers who value more interior space over extensive yard maintenance. A thoughtful perspective for this home is its "middle-ground" positioning: it offers more house than many in the area while sitting on a standard lot, making it a efficient use of space in a sought-after location.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
While the land area is below average for Waverley Street itself, it is a typical, manageable size for Central River Heights. It offers enough outdoor space for gardening or relaxation without the upkeep of a much larger yard.
2. Is the home older than others nearby?
Built in 1950, it is actually newer than the average home on its street and closely aligned with the neighbourhood average. Its age is consistent with the classic character of River Heights.
3. What does the "above average" living area mean?
With 1,694 sqft, this home provides significantly more interior space than the typical Winnipeg or even Central River Heights home. This is a key advantage for buyers seeking roomier main living areas and bedrooms.
4. Does the assessed value indicate a good investment?
The assessed value is above average for both the neighbourhood and city, which generally reflects the home’s desirability, size, and condition within its market context.
5. What is the significance of the renovated basement?
This update adds immediate functional living space and potential for a rec room, home office, or additional bedrooms. It removes a common renovation project for buyers, adding move-in readiness and value.
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