80.9
Excellent
Property score
80.9
Excellent
Overall 80.9
Larger and newer than most nearby homes
1,906 sqft (top 9%)
Built in 1957 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~109k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 2 parks, 1 sports facility, and 1 bank/ATM nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
42% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 68%Tagalog · 6%
Past 10 years Central River Heights sales snapshot (~80% of all data)
426
580k
$326/sqft
1953
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80.9 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: #46110426
$109K
Median household income
$112K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
22%
Single-person households
33%
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
654 Waverley Street — 7 amenities found within 500 m, across 5 categories, including 2 education (nearest 208 m), 2 parks (nearest 224 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 35% | 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: 654 Waverley Street, Central River Heights
Key Characteristics & Appeal
This 1957 one-storey home sits on an exceptionally large, 8,318 sqft lot in the desirable Central River Heights neighborhood. Its land size is a standout feature, ranking in the top 5% of lots on Waverley Street and the top 1% within the entire neighborhood, offering rare potential for expansion, gardening, or outdoor living. The 1,906 sqft living area is comfortably above average for the area, and the home includes a renovated basement and a detached garage.
The primary appeal lies in its land value and location. It’s a property where the lot itself represents a significant portion of the value, appealing to those who see potential in the space itself rather than just the existing structure. It would suit a buyer looking for a solid home in a prime area with the vision to update or expand over time, or an investor who recognizes the long-term value of land in a central, established community. The recent sale price suggests it may present an opportunity to add value relative to its assessed worth.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing notes the basement is renovated, but specific details on the finish, ceiling height, permits, or moisture control are not provided. This would be a key area for inspection and inquiry.
2. How does the sale price compare to the assessed value?
The home recently sold for $48.50k, which is notably below its $58.70k assessed value. This can sometimes indicate a as-is sale or a motivated seller, but it's important to understand the specific conditions of the recent sale.
3. Is the large lot usable as-is, or are there restrictions?
While the lot size is a major asset, it's wise to check for any easements, right-of-ways, or zoning bylaws (like heritage designations) that might affect how the land can be used or built upon.
4. How does the 1957 build date affect the home?
The year built is newer than many area homes, which can be positive. However, a home of this age will likely have original or aging core components, like plumbing, electrical, and the roof, which should be carefully evaluated.
5. What is the parking situation?
The property has a detached garage. It’s important to verify its size, condition, and access, and to confirm if there is additional dedicated parking on the large lot.
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