Property score
78.9
Good
Overall 78.9 · Larger than most nearby homes
1,750 sqft (top 29%) · Built in 1928 (9 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
14% larger than neighborhood avg.
Year Built
Below average
9 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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78.9 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: #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
296 Waverley Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 389 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 19% | Top 15% | Top 8% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 46% | Top 37% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 296 Waverley Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,750 sqft home, built in 1928, presents a compelling mix of established character and above-average valuation within the Winnipeg market. Its primary appeal lies in its strong positioning relative to broader city metrics. The home’s assessed value of $626k ranks within the top 6% city-wide, indicating a premium valuation that outpaces the typical Winnipeg home. The living space is also notably above the city-wide average, offering more room than roughly 80% of properties across Winnipeg.
Situated on a 5,207 sqft lot in the desirable North River Heights area, the lot size is typical for the neighbourhood but smaller than most on Waverley Street itself. This suggests a more manageable yard with less maintenance, which can be a hidden benefit for many buyers. The home’s age (98 years) means it likely possesses classic architectural charm but also implies that a buyer’s inspection and potential updates should be carefully considered.
This property would best suit buyers looking for a well-sized, established home in a prime neighbourhood who value a strong investment profile. It’s ideal for those who appreciate character homes and are prepared for the realities of an older property, while also placing importance on its statistically above-average value and space compared to the wider market.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $626k is for municipal tax purposes and serves as a useful benchmark. Notably, it ranks in the top 11% for North River Heights and the top 6% city-wide, signaling the property is in a premium bracket. The final sale price will be determined by current market conditions, the home’s specific condition, and buyer demand.
2. What should I know about a home built in 1928?
Homes of this era often feature solid construction and classic design elements like original hardwood or layout. Buyers should prioritize a thorough inspection to understand the state of major systems (plumbing, electrical, roof) and potential need for updates, which can be an opportunity to customize.
3. The lot is smaller than others on Waverley Street. Is that a disadvantage?
While the lot is below the street average, it is very close to the average for North River Heights overall. This often translates to less yard maintenance, which can be a practical advantage. It may also mean a closer proximity to the house’s neighbours.
4. The home last sold in 2021. What does that recent history indicate?
The sale in August 2021 (for an estimated $550k-$600k) during a strong market period provides a relevant, modern price point for comparison. Understanding any changes or improvements made by the current owners since that purchase would be valuable context.
5. How does this home compare to others in the area?
The data shows this home offers more living space than about 70% of properties in North River Heights and is valued higher than nearly 90% of them. This indicates you are getting an above-average sized home for the neighbourhood, with an assessed value that reflects its premium standing.
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