567 Waverley Street

Central River Heights, Winnipeg

77.3

Good

Overall 77.3

Larger but older than most nearby homes

1,551 sqft (top 23%)

Built in 1950 (3 yrs older than avg)

Located in a high-income area

with median household income of ~137k

Transit 80.0

4-min walk to transit with 3 nearby routes

Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Above average

15% 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)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

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Property score

77.3 is composed by the two sections below.

Property Score

65.9Good
Living Area1,551 sqft79Good
Year Built195030Low
Lot Size5,557 sqft74Good
Neighbourhood Sales Activity28Low

Community Score

94.3Excellent
Household Income92Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111045

Community deep dive

$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

Population, labour & age

Population (2021)568
Labour force participation rate74%
Median age40.8
Avg household size2.7
Unemployment rate8%
Population density3550 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households19%
Couple families with children43%
Median household income (2020)$137K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)63%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,551 sqft
0255075100
Same streetBottom 47%Same areaTop 23%CitywideTop 28%
Same street · Waverley Street
#155 / 293
Bottom 47% · Avg 1,692 sqft
Same area · Central River Heights
#288 / 1,244
Top 23% · Avg 1,346 sqft
Citywide · Winnipeg
#53,973 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
529k
0255075100
Same streetTop 34%Same areaTop 14%CitywideTop 15%
Same street · Waverley Street
#101 / 293
Top 34% · Avg 518.4k
Same area · Central River Heights
#174 / 1,244
Top 14% · Avg 443.3k
Citywide · Winnipeg
#30,040 / 194,458
Top 15% · Avg 390.1k

Year Built

around average
1950
0255075100
Same streetTop 40%Same areaBottom 22%CitywideBottom 28%

Lot Size

around average
5,557 sqft
0255075100
Same streetBottom 42%Same areaTop 42%CitywideTop 41%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

567 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 447 m), 2 parks (nearest 227 m).

Search radius
🏫Education1
🌳Parks2
Worship1

Crime & Safety

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%

Waste Collection Schedule

Local garbage, recycling, and yard waste pickup schedule for 567 Waverley Street.

🗑️

Garbage

monday

♻️

Recycling

monday

🍂

Yard Waste

monday a

Sales History

Sold 6/2016CA$400k–450k
Sold price

Same street

Top 50%

Same area

Top 33%

City-wide

Top 25%

Related homes

Highlights & common questions: 567 Waverley Street, Winnipeg

Property Overview: 567 Waverley Street, Central River Heights

Key Characteristics & Appeal

This is a well-situated, classic two-storey home built in 1950 on a standard-sized lot in the desirable Central River Heights neighborhood. Its primary appeal lies in its balance of established character and key updates, notably a renovated basement. With 1,551 sqft of living space, the home is notably roomier than many others in the area and citywide, offering above-average interior space for the location.

The property suits buyers looking for a move-in-ready home in a prime neighborhood without the premium lot size or ultra-modern build of some higher-priced entries. It’s an ideal fit for professionals, small families, or downsizers who value location, functional space, and a renovated lower level over a brand-new build or extensive yard. A thoughtful perspective: while the lot is average for the street, the above-average living area and renovated basement suggest the home’s value is driven more by its usable, updated interior space than its land footprint—a practical trade-off for many urban buyers.

Frequently Asked Questions

1. How does the lot size compare to others in the area?
The land area of 5,557 sqft is around the average for both Waverley Street and the broader Central River Heights neighborhood. It’s a standard city lot, not exceptionally large or small for the area.

2. Is the home older than most in the neighborhood?
Yes. Built in 1950, it is slightly newer than the average home on Waverley Street but is actually older than the typical home in Central River Heights and Winnipeg overall. This is common for this established, tree-lined neighborhood.

3. What does the "above average" living area ranking mean?
With 1,551 sqft, this home offers more interior space than approximately 77% of homes in Central River Heights and 72% of homes citywide. For the neighborhood, it provides a notably roomier footprint.

4. How current is the sale price information?
The listed sale price of $440,000 is from June 2016. This is historical data and should not be considered an indicator of current market value.

5. What is the significance of the assessed value?
The assessed value of $52,900 is for municipal tax purposes. It is not a market valuation. The historical sale price and current market conditions are the primary guides for determining today’s value.

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