Property score
82.8
Excellent
Overall 82.8 · Larger but older than most nearby homes
2,690 sqft (top 4%) · Built in 1915 (22 yrs older than avg)
Located in a high-income area with median household income of ~188k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 sports facility, and 1 place of worship nearby
Living Area
Above average
75% larger than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 89%French · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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82.8 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: #46110386
$188K
Median household income
$272K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.6
P90 / P10 ratio
11%
Single-person households
45%
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
288 Waverley Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 390 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 13% | Top 11% | Top 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
288 Waverley Street is a distinctive home in Winnipeg's North River Heights neighbourhood. Its character is defined by a compelling mix of historic charm and above-average living space, set on a standard city lot.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous scale. With 2,690 square feet of living area, it ranks in the top 7% of homes on its street and the top 4% within North River Heights, offering significantly more interior space than most local comparables. This makes it ideal for buyers needing room for a growing family, a home office, or dedicated hobby spaces without a sprawling footprint.
Built in 1915, the home is notably older than most in the area, which suggests classic architectural character but also implies a need for thoughtful consideration regarding updates and maintenance. Its assessed value of $531,000 is above average for the wider city and aligns with neighbourhood norms, indicating its established value in a desirable area. The lot size of 5,207 sq ft is typical for the neighbourhood, providing a balanced outdoor space without extensive upkeep.
This home would best suit a buyer who values space and location over a modern build date. It’s a strong match for someone appreciative of older home charm, willing to steward a century-old property, and looking for a sizeable interior in a central, well-regarded community. The recent sale in late 2023 provides a clear, contemporary price benchmark for valuation.
1. How does the home’s age impact its value and appeal?
While its 1915 construction places it among the oldest on the street, this often translates to unique architectural details and solid construction. The appeal is for a specific buyer who values character, understanding that maintenance and potential updates are part of the ownership experience.
2. Is the lot size a disadvantage?
The lot is smaller than average for Waverley Street but is very typical for North River Heights overall. It offers a manageable yard, which can be a positive for those seeking less outdoor maintenance while still having private space.
3. The living area is large, but how does the layout function for modern living?
Older homes of this size can sometimes have compartmentalized room layouts. Buyers should consider how the floor plan aligns with contemporary open-concept preferences and whether any renovations would be desired to optimize the flow of the significant square footage.
4. The assessed value seems lower than the 2023 sale price. Why is that?
Municipal assessed values for taxation purposes often lag behind current market values and are calculated using mass appraisal techniques. The recent sold price is a more accurate reflection of its market value at that time.
5. What does its ranking in the top percentiles for living area really mean?
It means this home offers a scarcity value in terms of interior space. In a city-wide search, you'd be looking at fewer than 2% of homes to find this much living area, making it a relatively rare find for its size in this price and location bracket.
