4067 Waverley Street

La Barriere, Winnipeg

Property score

80.6

Excellent

Overall 80.6 · Smaller and older than most nearby homes

1,946 sqft (bottom 1%) · Built in 1964

Located in a high-income area with median household income of ~97k

Transit 0.0

Living Area

Below average

0% larger than neighborhood avg.

Year Built

Below average

0 yrs newer than neighborhood avg.

Mother tongue

English · 71%French · 10%

Past 10 years La Barriere sales snapshot (~80% of all data)

Sold Count

1

Median price

538k

$/sqft

$276/sqft

Avg build year

1964

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Property score

80.6 is composed by the two sections below.

Property Score

84.1Excellent
Living Area92
1,946 sqftExcellent
Year Built46
1964Low
Lot Size100
217,784 sqftExcellent
Neighbourhood Sales Activity94
Excellent

Community Score

75.3Good
Household Income83
Excellent
Education Level44
Low
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

La Barriere

How to read: Share of sales in each ~$50k price band for “la barriere” (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: #46110962

Community deep dive

$97K

Median household income

$106K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

12%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)347
Labour force participation rate74%
Median age37.2
Avg household size2.9
Unemployment rate13%
Population density15 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households12%
Couple families with children37%
Median household income (2020)$97K

Housing

Renter households23%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority32%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 71%
Mother tongue (2nd)French · 10%

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

Rankings

Living Area

above average
1,946 sqft
0255075100
Same streetTop 26%Same areaBottom 1%CitywideTop 12%
Same street · Waverley Street
#76 / 293
Top 26% · Avg 1,692 sqft
Same area · La Barriere
#1 / 1
Bottom 1% · Avg 1,946 sqft
Citywide · Winnipeg
#23,754 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
483k
0255075100
Same streetTop 47%Same areaBottom 1%CitywideTop 23%
Same street · Waverley Street
#139 / 293
Top 47% · Avg 518.4k
Same area · La Barriere
#1 / 1
Bottom 1% · Avg 483k
Citywide · Winnipeg
#43,978 / 194,458
Top 23% · Avg 390.1k

Year Built

Elite
1964
0255075100
Same streetTop 3%Same areaBottom 1%CitywideBottom 46%

Lot Size

Elite
217,784 sqft
0255075100
Same streetTop 1%Same areaBottom 1%CitywideTop 1%

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

Search radius
No data within 500 m.

Crime & Safety

La Barriere · WPS public data · 2025

Annual incidents

5

2025

vs. city avg

-83%

relative to avg

Year-over-year

▲ +67%

vs. prior year

Primary type

Property

40%

Sales History

Sold 7/2024CA$500k–550k
Sold price

Same street

Top 31%

Same area

Bottom 1%

City-wide

Top 12%

Related homes

Highlights & common questions: 4067 Waverley Street, Winnipeg

Property Overview: 4067 Waverley Street

Key Characteristics & Buyer Appeal

This one-storey home in La Barriere is defined by one extraordinary feature: its land. Sitting on a 5-acre lot (217,784 sq ft), the property offers a level of space and privacy that is exceptionally rare within Winnipeg, ranking in the top 1% citywide. The house itself is a comfortable 1,946 sq ft bungalow with a renovated basement, built in 1964. While the living space is above average for the city, the assessed value is notably modest, especially when considered against the immense lot size. This creates a unique value proposition where the land itself represents a significant portion of the asset.

The primary appeal lies in its transformative potential. It perfectly suits a buyer whose vision extends beyond the existing structure—whether that's enjoying unparalleled private greenspace, pursuing hobbies like gardening or keeping animals, or planning a future custom build. It’s also a compelling option for those seeking a quiet, semi-rural lifestyle while remaining within city limits. The detached garage adds practical utility. This property is less suited for someone seeking a turn-key, modern mansion and more ideal for a practical buyer, builder, or nature enthusiast who sees the long-term value in securing a substantial piece of land.

Frequently Asked Questions

1. Why is the assessed value relatively low given the huge lot size?
Assessment considers the current use and existing improvements. The value reflects the 1964 bungalow as the primary structure. The vast acreage is a tremendous asset, but its potential value is often fully realized by a future owner's development plans rather than the current tax assessment.

2. Is the land usable, or is it protected/wetland?
Prospective buyers must verify the zoning and any land-use restrictions with the city. While the data highlights the acreage, its specific usability for building, subdividing, or other purposes requires due diligence.

3. What does "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. It is essential to clarify the finishes, ceiling height, moisture control, and whether it includes legal egress windows or secondary suites.

4. How does the sold price history inform the current value?
The home sold in mid-2024. That recent sale price is the most direct indicator of its current market value, far more than the older assessed value for tax purposes. Obtaining the exact sold price is recommended for accurate benchmarking.

5. What are the annual property taxes?
With an assessed value of $48,300, the property taxes will be significantly lower than a typical Winnipeg home with a similar market value but a higher assessment. This is an important operational cost advantage for the buyer.