674 Waverley Street

Central River Heights, Winnipeg

75.8

Good

Overall 75.8

Larger and newer than most nearby homes

1,596 sqft (top 21%)

Built in 1957 (4 yrs newer than avg)

Located in a high-income area

with median household income of ~109k

Transit 80.0

2-min walk to transit with 3 nearby routes

Within 500m: 2 schools, 2 parks, 1 sports facility, and 1 bank/ATM nearby

Living Area

Above average

19% 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)

Sold Count

426

Median price

580k

$/sqft

$326/sqft

Avg build year

1953

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Property score

75.8 is composed by the two sections below.

Property Score

70.6Good
Living Area1,596 sqft79Good
Year Built195743Low
Lot Size7,279 sqft88Excellent
Neighbourhood Sales Activity28Low

Community Score

83.5Excellent
Household Income88Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110426

Community deep dive

$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

Population, labour & age

Population (2021)469
Labour force participation rate69%
Median age42.8
Avg household size2.6
Unemployment rate12%
Population density3126 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households22%
Couple families with children33%
Median household income (2020)$109K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority25%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 67%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

above average
1,596 sqft
0255075100
Same streetTop 49%Same areaTop 21%CitywideTop 26%
Same street · Waverley Street
#144 / 293
Top 49% · Avg 1,692 sqft
Same area · Central River Heights
#266 / 1,244
Top 21% · Avg 1,346 sqft
Citywide · Winnipeg
#49,747 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
510k
0255075100
Same streetTop 39%Same areaTop 18%CitywideTop 18%
Same street · Waverley Street
#115 / 293
Top 39% · Avg 518.4k
Same area · Central River Heights
#225 / 1,244
Top 18% · Avg 443.3k
Citywide · Winnipeg
#35,367 / 194,458
Top 18% · Avg 390.1k

Year Built

Elite
1957
0255075100
Same streetTop 17%Same areaTop 4%CitywideBottom 37%

Lot Size

Elite
7,279 sqft
0255075100
Same streetTop 17%Same areaTop 4%CitywideTop 15%

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

674 Waverley Street — 7 amenities found within 500 m, across 5 categories, including 2 education (nearest 187 m), 2 parks (nearest 284 m).

Search radius
🏫Education2
🌳Parks2
💪Sports1
🏦Finance1
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%

Sales History

Sold 11/2023CA$500k–550k
Sold price

Same street

Top 34%

Same area

Top 15%

City-wide

Top 15%
Sold 9/2017CA$450k–500k
Sold price

Same street

Top 43%

Same area

Top 26%

City-wide

Top 21%

Related homes

Highlights & common questions: 674 Waverley Street, Winnipeg

Property Overview

This renovated one-storey home at 674 Waverley Street in Central River Heights offers a blend of established neighbourhood charm and modern updates. Its key appeal lies in a generous, above-average lot size of over 7,200 sqft, providing significant outdoor space that is a rarity in the area. The home itself, built in 1957, features a renovated basement and a detached garage. With a living area of approximately 1,600 sqft and a recent sale price of $510k, it presents as a solid, move-in-ready property in a desirable location.

This home would suit buyers looking for a low-maintenance, single-level layout, perhaps downsizers or young families attracted to the highly regarded Central River Heights community. It’s particularly compelling for those who value private outdoor space for gardening or recreation more than a large interior footprint. The renovated basement adds functional living space, making it a practical choice for those needing a home office, guest suite, or family room.


Frequently Asked Questions

Is the lot size truly a standout feature?
Yes. The property’s land area ranks in the top 17% on its own street and the top 4% within the entire Central River Heights neighbourhood. This means you are getting a larger-than-typical yard for this sought-after area, which is a significant long-term value.

How does the home’s age compare to others nearby?
Built in 1957, it is notably newer than many homes on Waverley Street (where comparable homes average 1945) and in Central River Heights overall. This suggests potentially fewer immediate concerns with very old infrastructure compared to some neighbours.

What does the assessed value indicate?
The $510k assessed value is above average for both the neighbourhood and city-wide. It aligns with the recent sale price, indicating the market and city assessment see consistent value here, which can provide confidence in its current valuation.

Is the living space typical for the area?
At 1,596 sqft, the interior space is above average for Winnipeg and Central River Heights, though around the median for Waverley Street specifically. This indicates you’re getting a comfortably sized home that isn’t unusually small or large for its context.

What is the significance of the detached garage?
In an older neighbourhood, a detached garage is common. It provides valuable storage and parking, but buyers should consider their preference for attached versus detached access, especially during Winnipeg winters.

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