320 Waverley Street

North River Heights, Winnipeg

Property score

78.5

Good

Overall 78.5 · Larger but older than most nearby homes

1,733 sqft (top 30%) · Built in 1913 (24 yrs older than avg)

Located in a high-income area with median household income of ~188k

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

13% larger than neighborhood avg.

Year Built

Below average

24 yrs older than neighborhood avg.

Mother tongue

English · 89%French · 1%

Past 10 years North River Heights sales snapshot (~80% of all data)

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

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Property score

78.5 is composed by the two sections below.

Property Score

66.7Good
Living Area1,733 sqft86Excellent
Year Built191316Low
Lot Size5,208 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

96.1Excellent
Household Income97Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110386

Community deep dive

$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

Population, labour & age

Population (2021)512
Labour force participation rate68%
Median age44.0
Avg household size3.0
Unemployment rate5%
Population density3413 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children45%
Median household income (2020)$188K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$592K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority14%
Bachelor's or higher (25–64)86%
Mother tongue (1st)English · 89%
Mother tongue (2nd)French · 0%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,733 sqft
0255075100
Same streetTop 37%Same areaTop 30%CitywideTop 20%
Same street · Waverley Street
#109 / 293
Top 37% · Avg 1,692 sqft
Same area · North River Heights
#657 / 2,168
Top 30% · Avg 1,540 sqft
Citywide · Winnipeg
#38,176 / 194,458
Top 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
530k
0255075100
Same streetTop 34%Same areaTop 23%CitywideTop 15%
Same street · Waverley Street
#100 / 293
Top 34% · Avg 518.4k
Same area · North River Heights
#505 / 2,168
Top 23% · Avg 479.3k
Citywide · Winnipeg
#29,752 / 194,458
Top 15% · Avg 390.1k

Year Built

below average
1913
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 10%

Lot Size

around average
5,208 sqft
0255075100
Same streetBottom 32%Same areaTop 31%CitywideTop 50%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

320 Waverley Street — 3 amenities found within 500 m, across 3 categories, including 1 education (nearest 388 m).

Search radius
🏫Education1
💪Sports1
Worship1

Crime & Safety

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%

Sales History

Sold 7/2023CA$550k–600k
Sold price

Same street

Top 30%

Same area

Top 19%

City-wide

Top 11%

Related homes

Highlights & common questions: 320 Waverley Street, Winnipeg

Property Overview: 320 Waverley Street, Winnipeg

Key Characteristics & Appeal

This home at 320 Waverley Street in North River Heights presents a compelling blend of established character and above-average value within its broader market. Built in 1913, it is notably older than most homes in the area, offering classic charm and likely solid construction, but also implying a greater need for attention to maintenance and updates. With 1,733 sqft of living space, it provides more room than the average Winnipeg home and is competitively sized for the neighbourhood. Its assessed value of $530,000 sits above the citywide average, positioning it as a premium offering in the wider market, yet it remains in line with values on its own street.

The appeal lies in its established location and the space it offers. The lot size of 5,208 sqft is very typical for North River Heights, providing a good balance of yard space without excessive upkeep. This property would best suit a buyer who appreciates the character of a century-old home and is prepared for the responsibilities that come with it. It’s ideal for someone looking for a well-located home in a desirable neighbourhood, who values space over newness, and who may see potential in personalizing a property with a long history. A thoughtful perspective is that its "above-average" citywide metrics suggest you are paying for location and lot, while the home itself represents a project or a canvas.

Frequently Asked Questions

1. What does the sold price history indicate?
The property sold in July 2023 for an estimated $550,000-$600,000. This sale price ranked within the top 30% on its street and top 11% citywide, indicating strong market demand and that buyers have recently paid a premium for homes in this location.

2. How does the age of the home affect its value and condition?
Built in 1913, it is among the oldest 10% of homes in Winnipeg. This can mean charming architectural details and sturdy materials, but it also necessitates diligent inspections for foundational integrity, outdated plumbing or electrical systems, and energy efficiency. The assessed value factors this in, placing more weight on land and location.

3. Is the assessed value a reliable indicator of the listing or sale price?
The assessed value ($530k) is for municipal tax purposes and is typically lower than market value. The 2023 sale price well above this assessment confirms that market value is driven by recent sales, condition, and buyer competition. It’s a baseline, not a price tag.

4. How does the lot size compare, and what are the implications?
At 5,208 sqft, the lot is very typical for North River Heights but smaller than the average lot on Waverley Street itself. This suggests the street has a mix of property sizes. The lot is ample for a garden and outdoor space but may not offer as much privacy or expansion potential as some larger lots on the block.

5. How can I get the exact historical sale prices?
The provided sold price is an estimated range from public data. For fully verified and exact sale figures, including the precise price from 2023, you must request a manual lookup via email through the site, as this information is not sourced from the MLS.

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