Property score
84.7
Excellent
Overall 84.7 · Larger than most nearby homes
2,556 sqft (top 5%) · Built in 1931 (6 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 park, and 1 place of worship nearby
Living Area
Above average
66% larger than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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84.7 is composed by the two sections below.
Property Score
Community Score
North River Heights
How to read: Share of sales in each ~$50k price band for “north 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: #46110664
$162K
Median household income
$202K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
18%
Single-person households
39%
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
183 Waverley Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 462 m).
North River Heights · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
57%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 11% | Top 9% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 183 Waverley Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Waverley Street in North River Heights is defined by its substantial scale and premium positioning. Its primary appeal lies in offering significantly more space—both indoors and out—than most homes in Winnipeg. With 2,556 sqft of living area, it ranks in the top 5% for size within its desirable neighbourhood and the top 3% city-wide. The 7,215 sqft lot is equally impressive, placing in the elite top 4% for the area, providing rare potential for gardens, expansion, or simply ample private space.
Built in 1931, the home is notably older than the city average. This isn't a modern build, but rather a classic property whose value is anchored in its generous proportions and location. The assessed value of $775k reflects this, ranking in the top 4% for North River Heights. The last known sale was between $650k-$700k in mid-2017.
This property would best suit a buyer who prioritizes space and established character over new construction. It’s ideal for someone looking for a long-term family home with room to grow, or for a purchaser who sees value in a larger, older lot with redevelopment or renovation potential. It appeals to those who understand that in mature neighbourhoods, the land and the square footage often carry more weight than the year on the deed.
Section 2: Frequently Asked Questions
1. How does the age of the home (1931) affect its value and appeal?
While older than average, the home's high assessed value indicates that its substantial size and lot have outweighed age as primary value drivers. It suggests the market views it as a solid, character home or a prime redevelopment site, rather than a dated property.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($775k) is for municipal tax purposes and is a historical snapshot. It confirms the property is in a high-value bracket. The more relevant market data is the 2017 sale price ($650k-$700k), though current conditions would determine today's price. The high assessment does signal strong equity and a premium positioning.
3. What does it mean that the lot size is in the "top 4%" for the area?
This is a key feature. It means you're getting a much larger yard than almost all neighbours. This offers greater privacy, more green space, and potentially more flexibility for additions, a garage, or a future laneway house, subject to zoning.
4. The home sold in 2017. Why is there no more recent sale data shown?
The site explains that its sold price data is gathered from public, non-MLS sources and may have gaps. For fully verified and exact transaction history, you must request a manual lookup from their team, as MLS data is not displayed due to industry rules.
5. The living area is much larger than nearby homes. What are the trade-offs?
The space is a major advantage. However, a home of this size and age may come with higher utility costs, potentially more maintenance, and a different layout than a modern open-concept design. It's a trade-off of volume and potential for vintage charm versus the convenience of a newer, more efficient build.
