Property score
83.7
Excellent
Overall 83.7 · Larger but older than most nearby homes
2,316 sqft (top 9%) · Built in 1922 (15 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
50% larger than neighborhood avg.
Year Built
Below average
15 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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83.7 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
185 Waverley Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 480 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 9% | Top 8% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 185 Waverley Street, North River Heights, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a substantial and historically significant property in North River Heights, defined by its impressive scale and premium valuation. The home, built in 1922, offers 2,316 sqft of living space, placing it within the top 5-9% of homes in Winnipeg for size. Its most striking feature is the 7,216 sqft lot, which ranks in the elite top 4% for the neighbourhood, providing rare outdoor space and potential. The assessed value of $898k firmly places it among the top 2-4% of properties citywide, reflecting its premium positioning.
The appeal lies in acquiring a character home with above-average interior space on an exceptionally large, private lot for the area—a combination that is increasingly rare. It suits a buyer looking for a established, high-value asset in a central neighbourhood, who appreciates the character of a century-old home and has the vision (and possibly budget) for updates or renovations that a 104-year-old property may require. A less obvious perspective is that while the home is older than most on its street, this often correlates with more distinctive architectural details and mature, established landscaping that cannot be replicated in newer developments.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $898k is for municipal tax purposes and is a strong indicator of the property's high market standing, placing it in the top 2% of Winnipeg homes. However, the final sale price is determined by the current market and recent comparable sales.
2. What should I consider with a home built in 1922?
A home of this age offers charm and likely solid construction, but prospective buyers should prioritize a thorough inspection. Key focus areas include the foundation, roof, plumbing, electrical systems, and insulation to understand any needed updates or maintenance.
3. The lot size is noted as "Elite" for the area. What does that mean practically?
With a 7,216 sqft lot ranking in the top 4% for North River Heights, this property offers significantly more outdoor space than most nearby homes. This allows for greater privacy, expansive gardens, recreational space, or potential for additions (subject to zoning bylaws).
4. The home last sold in 2016. Can I find out the exact sale price?
The provided data shows a sale price range of CA$700k–750k for August 2016. For fully verified and exact historical sale figures, you can request a manual lookup via the email service mentioned in the listing details.
5. Is the living space configured as a single-family home?
The data confirms a single-family dwelling with 2,316 sqft of living area. For specific details on the layout, room count, and condition, a viewing or direct inquiry with the listing agent is necessary.
