Property score
83.8
Excellent
Overall 83.8 · Larger but older than most nearby homes
2,395 sqft (top 8%) · Built in 1922 (15 yrs older than avg)
Located in a high-income area with median household income of ~155k
Transit 70.0 · 7-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
56% larger than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 90%Chinese · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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83.8 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: #46110383
$155K
Median household income
$196K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
15%
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
311 Waverley Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 326 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 4% | Top 2% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 311 Waverley Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Waverley Street in North River Heights presents a compelling mix of classic charm and above-average modern metrics. Its primary appeal lies in its generous scale and premium valuation within a desirable neighbourhood.
The nearly 2,400 sqft of living space is notably larger than most homes, ranking in the top 14% on its street and the top 4% citywide. This substantial size is paired with a lot that, while average for the street, is in the top 10% for lot size within North River Heights, offering valuable outdoor space. The assessed value of $739k firmly places it in the elite tier for the area and city, indicating a premium property. A thoughtful perspective is that this combination suggests a home that has likely been expanded or significantly updated over time, transcending its 1922 origins to compete with newer builds on space and value.
Its appeal is for buyers seeking established character without sacrificing room to grow. It perfectly suits a family looking for a "forever home" in a prime location, where the investment is backed by strong comparative metrics. It would also attract those who appreciate a larger, classic home but want the confidence of a property that stands well above neighbourhood and city averages in key financial and spatial rankings.
Section 2: Frequently Asked Questions
1. How does the 1922 build year affect the property?
While older than most on the street, the home's elite assessed value and large living area suggest significant updates or a well-maintained, character-filled structure. Buyers should prioritize a thorough inspection to understand the condition of major systems (roof, plumbing, electrical) which may have been modernized.
2. The last sold price is shown as a range ($850k-$900k in 2022). Why is it higher than the current assessed value?
Assessed value for tax purposes often lags behind market sale prices. The 2022 sale price was in the top 1-4% of sales citywide at that time, indicating a strong market premium. The current assessment may reflect a market correction or different valuation methodology.
3. Is the lot size a pro or a con?
It depends on priority. At just over 6,000 sqft, it's smaller than the average lot on Waverley Street but larger than 90% of lots in North River Heights. This offers a very good private outdoor space for the neighbourhood while potentially requiring less maintenance than the largest estates on the block.
4. What do these "top X%" rankings actually mean for me?
They provide context beyond the raw numbers. For example, ranking in the top 4% citywide for living area means you are getting a uniquely spacious home. The top 3% citywide ranking for assessed value confirms this is a premium-tier property in Winnipeg's broader market, not just its immediate area.
5. How can I verify the exact historical sale prices?
As noted, the site does not display MLS data. You can use the provided "Request exact figures by email" feature on the property page. The service will manually look up and provide the verified transaction history directly to you, typically by the end of the same business day.
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