64.0
Fair
Property score
64.0
Fair
Overall 64.0
Smaller than most nearby homes
927 sqft (bottom 6%)
Built in 1951 (2 yrs older than avg)
Located in a high-income area
with median household income of ~137k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 school, 2 parks, 1 bank/ATM, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
2 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
64.0 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
589 Waverley Street — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 365 m), 2 parks (nearest 158 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 589 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 42% | Top 40% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on a standard-sized lot in Central River Heights presents a specific and practical opportunity. Its key appeal lies in its renovated basement and detached garage, offering functional space beyond its modest 927 sqft main-floor living area. Built in 1951, the home sits on a desirable street where its land value is a strong point, ranking above average locally. The most recent sale price was around average for the area, suggesting a stable, established value.
This property would suit a pragmatic buyer, such as a first-time homeowner comfortable with a cozy main floor, or an investor looking for a character home in a prime neighbourhood with rental potential (especially with a finished basement). It’s less suited for those seeking a large, modern footprint without renovation work.
Frequently Asked Questions
1. Is the house too small?
At 927 sqft, the main living area is notably smaller than most homes on the street and in the neighbourhood. However, the renovated basement significantly expands the usable space, making it more functional than the square footage alone suggests.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A buyer should inquire about the scope of work, the quality of finishes, and whether it includes legal secondary suite potential, which would be a major value-add.
3. How does the assessed value relate to the sale price?
The home’s assessed value is notably lower than the recent sale price, which is common. Assessments for tax purposes often lag behind market values, especially in sought-after neighbourhoods like Central River Heights where land value drives a significant portion of the price.
4. Is the detached garage a major benefit?
In a mature neighbourhood where many homes have older attached garages or only street parking, a detached garage is a valuable asset. It provides secure parking and additional storage or workshop space, a premium for many buyers.
5. Why consider an older, smaller home on this street?
The appeal is location and lot. You are purchasing a position in a prime, central neighbourhood. The standard-sized lot offers future potential (like an addition or garden space) that isn't available in newer subdivisions, and the home itself represents a manageable project or a lower-cost entry point into the area.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
