Property score
84.9
Excellent
Overall 84.9 · Larger but older than most nearby homes
2,601 sqft (top 5%) · Built in 1924 (13 yrs older than avg)
Located in a high-income area with median household income of ~202k
Transit 92.0 · 5-min walk to transit with 6 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Above average
69% larger than neighborhood avg.
Year Built
Below average
13 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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84.9 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
246 Waverley Street — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 421 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%
246 Waverley Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 246 Waverley Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling blend of space, land, and location. Built in 1924, its primary appeal lies in its generous proportions. With 2,601 sqft of living area, it ranks in the top 9% of homes on Waverley Street and the top 5% within the desirable North River Heights area, offering significantly more interior space than local averages. The nearly 7,800 sqft lot is an even more standout feature, placing it in the elite top 1% of lot sizes for the neighbourhood, providing exceptional outdoor potential.
The appeal here is for a buyer who values space and land over a modern build date. It suits someone looking for a character home with room to grow, garden, or entertain, and who may have a vision for updates. Interestingly, the assessed value sits around the average for the street and area, suggesting the price may reflect the home’s age and potential need for modernization, rather than its substantial square footage and lot size. This creates an opportunity for a buyer whose priorities are the enduring assets of land and space, and who is prepared for the realities of a century-old home.
Section 2: Frequently Asked Questions
1. Why is the assessed value relatively average when the lot and living space are so large?
Assessment considers multiple factors, including the home’s age, condition, and interior finishes. The 1924 build date and likely need for updates in a home of this vintage can temper the assessed value compared to its sheer physical dimensions.
2. What does the "Elite" ranking for lot size actually mean?
It means this property’s land area is larger than 99% of lots in North River Heights. This is a rare find in an established neighbourhood, offering privacy, landscaping possibilities, and future potential that is increasingly uncommon.
3. Are there recent sale prices available for this specific home?
No public sales history is shown for this listing. Exact sale figures for Winnipeg properties often require a manual lookup through proprietary systems, which the listing service offers to provide via email upon request.
4. What should I consider with a home built in 1924?
While offering classic charm and solid construction, a home this age will likely have undergone various updates. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, roof, and foundation, and to budget for any necessary modernization.
5. How does this home compare to the property at 251 Oxford Street, shown for reference?
While nearby and of a similar vintage (built 1926), the reference property has a higher assessed value, likely due to a larger living area (3,080 sqft), different condition, or specific updates. It highlights how two older homes on spacious lots in the same area can vary significantly in value based on factors beyond just land size.
