77.3
Good
Property score
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, 1 bank/ATM, 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
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)
426
580k
$326/sqft
1953
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77.3 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
577 Waverley Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 406 m), 2 parks (nearest 191 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 577 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 40% | Top 23% | Top 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 50% | Top 33% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 577 Waverley Street, Central River Heights
Key Characteristics & Appeal
This two-storey home, built in 1950, presents a solid opportunity in the sought-after Central River Heights neighbourhood. Its primary appeal lies in a balanced offering of space, location, and value. With 1,551 sqft of living area, the home is notably more spacious than many others in the neighbourhood and across Winnipeg, providing ample room for a growing household or those who simply desire more interior space. The lot size of 5,570 sqft is typical for Waverley Street itself, offering a standard urban yard.
A key feature is the renovated basement, which adds valuable finished space and modern convenience without the need for immediate projects. The detached garage provides flexible storage or parking. From an investment perspective, the home’s assessed value ranks above average for both the neighbourhood and the city, suggesting a history of maintained or improved value in a stable area.
This property would suit practical buyers looking for a move-in-ready home with extra living space in a prime location. It’s ideal for young families seeking the excellent amenities and schools of River Heights, or for downsizers who want a manageable two-storey layout without compromising on room for guests or hobbies. It offers the character of an older home but with the crucial update of a finished basement already addressed.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The land area is around average for Waverley Street itself but is slightly below the average lot size for the broader Central River Heights neighbourhood. This is typical for many well-located urban properties, trading maximum yard space for proximity and community amenities.
2. Is the home older than others nearby?
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 city-wide average. This is characteristic of the established, tree-lined streets in this area.
3. What do the past sale prices indicate?
The home sold for $440k in 2016 and $471k in 2020. This upward trend, coupled with an assessed value that ranks above average for the area, suggests a history of steady value appreciation in line with or exceeding local benchmarks.
4. Who might this home not suit?
Buyers seeking a brand-new build or a very large, private yard might find better options elsewhere. Similarly, those wanting an attached garage for our harsh winters should note this home has a detached one.
5. What is the immediate neighbourhood like?
The listing shows several nearby properties on the same block, indicating a dense, established streetscape with close neighbours. This often fosters a strong community feel and a walkable environment, which is a hallmark of Central River Heights.
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