Property score
83.7
Excellent
Overall 83.7 · Larger but older than most nearby homes
2,271 sqft (top 10%) · Built in 1925 (12 yrs older than avg)
Located in a high-income area with median household income of ~162k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 park, and 1 place of worship nearby
Living Area
Above average
48% larger than neighborhood avg.
Year Built
Below average
12 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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
187 Waverley Street — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 498 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 33% | Top 24% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 187 Waverley Street, Winnipeg
Key Characteristics & Appeal
This home is defined by its generous proportions and established presence in North River Heights. Its primary appeal lies in offering above-average space both inside and out. With 2,271 sqft of living area, it ranks in the top 10% of homes in the neighbourhood and the top 5% city-wide, providing significant room for a growing family or those who value spacious interiors. The 7,217 sqft lot is particularly notable, placing in the elite top 3% for lot size within North River Heights, offering rare potential for gardens, expansion, or simply ample private outdoor space.
Built in 1925, the home is one of the older properties on the street, which suggests classic character but also implies that a buyer's appreciation should extend to the stewardship of a century-old structure. The assessed value of $587k is consistently above average across all comparison levels, reflecting its substantial footprint and desirable location.
This property would best suit a buyer who prioritizes space and land over a modern, turn-key build. It’s ideal for those who see value in a home with established roots and the potential to customize, and who are prepared for the maintenance or updates that come with a character home. It represents a solid investment in one of Winnipeg’s sought-after neighbourhoods, trading the newness of a contemporary build for the enduring appeal of lot size and interior volume.
Frequently Asked Questions
1. How does the age of the home (1925) impact its value and appeal?
While its age places it below the average year built for the area, this is a key contributor to its character and is often factored into the assessed value. It appeals to buyers seeking classic architecture but requires a mindful approach to maintenance and potential updates to mechanical systems or insulation.
2. The lot size is in the top 3% for the neighbourhood. What does this mean practically?
This is a standout feature. It means you have significantly more outdoor space than most properties in North River Heights, allowing for larger gardens, recreational areas, or future additions like a garage or deck, subject to zoning bylaws.
3. The assessed value is above average. Is the asking price likely to be higher?
Assessed value is used for municipal tax purposes and is a strong indicator of market value, but not a direct predictor of list price. The final sale price is determined by the current market. The consistent "above average" ranking suggests a solid valuation foundation.
4. What can the 2019 sale price tell me?
The previous sale price (listed in a $500k-$550k range) provides a historical benchmark. Given the time elapsed and market changes, it primarily shows the property’s price trajectory and should be considered alongside current assessments and market conditions.
5. How reliable is this comparative data?
The rankings are based on robust, publicly available municipal data for assessed values and living areas, offering a reliable comparative snapshot. Sold price data is sourced from public records but is presented in ranges for non-members; exact figures can be requested for verification.
