Property score
85.1
Excellent
Overall 85.1 · Larger but older than most nearby homes
3,290 sqft (top 1%) · Built in 1913 (24 yrs older than avg)
Located in a high-income area with median household income of ~202k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 place of worship nearby
Living Area
Above average
114% larger than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 91%French · 3%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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85.1 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: #46110663
$202K
Median household income
$260K
Average household income
5%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.3
P90 / P10 ratio
20%
Single-person households
41%
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
194 Waverley Street — 1 amenities found within 500 m, across 1 categories.
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 10% | Top 8% | Top 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 14% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 194 Waverley Street, Winnipeg
Key Characteristics & Appeal
This is a substantial, century-old home in North River Heights that stands out for its generous scale and lot size. Its primary appeal lies in its rarity: with over 3,200 sqft of living space, it ranks in the top 1% of homes locally and city-wide for size. The nearly 7,800 sqft lot is also exceptionally large for the area, placing it in the top 1% of North River Heights, offering significant outdoor space and potential.
The home suits buyers looking for a classic, character property with ample room for a large family or those who value space and privacy above modern finishes. Its assessed value is notably higher than area averages, reflecting its substantial footprint and desirable location. A thoughtful perspective for a buyer is to recognize that a 1913 build date, while offering charm, places it among the oldest on its street, suggesting a premium may be attached to the land and square footage, and that renovations or updates could be a consideration. The historical sale data indicates strong, above-average value retention through past transactions.
Frequently Asked Questions
1. How does the age of the home impact its value and appeal?
While the 1913 build date means it is older than nearly all comparable homes, the property's value is strongly driven by its exceptional lot size and living area, which are rare commodities. The age suggests classic character but also warrants a thorough inspection for systems, wiring, and insulation.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $753k is a strong benchmark, consistently placing the home in the top 5-9% of its neighborhood. Given that past sold prices have also ranked in the top tiers for the area, it indicates a premium property, though market conditions will ultimately determine the final price.
3. What does the lot size actually offer?
At 7,808 sqft, the lot is significantly larger than the North River Heights average. This allows for greater privacy, expansive gardens, recreational space, and potential for additions like a garage, workshop, or patio, which are not always feasible on standard city lots.
4. The data shows past sales in 2016 and 2019. What does that trend indicate?
The home sold in the $600k-$700k range in both 2016 and 2019, each time placing in the top 10-18% of sales for the street. This consistent high-tier performance suggests a property that has maintained its premium market position over time.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges for general research. To obtain the exact figures, you must request a manual lookup via email from the service, as they do not display full MLS transaction records directly on the webpage.
