327 Waverley Street

North River Heights, Winnipeg

Property score

78.2

Good

Overall 78.2 · Older than most nearby homes

1,722 sqft (top 31%) · Built in 1921 (16 yrs older than avg)

Located in a high-income area with median household income of ~155k

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, 1 sports facility, and 1 place of worship nearby

Living Area

Near average

12% larger than neighborhood avg.

Taon ng Paggawa

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 90%Chinese · 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

78.2 is composed by the two sections below.

Property Score

66.4Good
Living Area86
1,722 sqftExcellent
Taon ng Paggawa20
1921Low
Lupa60
4,816 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

96.0Excellent
Household Income94
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

Istatistika ng benta ng komunidad

North River Heights

How to read: Share of sales in each ~$50k price band for “north river heights” (Detached na bahay (hindi 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: #46110383

Community deep dive

$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

Population, labour & age

Population (2021)532
Labour force participation rate78%
Median age42.4
Avg household size2.7
Unemployment rate7%
Population density3325 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children41%
Median household income (2020)$155K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority6%
Bachelor's or higher (25–64)83%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Chinese · 0%

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

Mga ranggo

Living Area

lampas sa average
1,722 sqft
0255075100
Same streetTop 39%Same areaTop 31%CitywideTop 20%
Same street · Waverley Street
#115 / 293
Top 39% · Avg 1,692 sqft
Same area · North River Heights
#669 / 2,168
Top 31% · Avg 1,540 sqft
Citywide · Winnipeg
#39,025 / 194,458
Top 20% · Avg 1,342 sqft

Assessed Value

lampas sa average
644k
0255075100
Same streetTop 15%Same areaTop 9%CitywideTop 6%
Same street · Waverley Street
#43 / 293
Top 15% · Avg 518.4k
Same area · North River Heights
#205 / 2,168
Top 9% · Avg 479.3k
Citywide · Winnipeg
#10,844 / 194,458
Top 6% · Avg 390.1k

Taon ng Paggawa

mas mababa sa average
1921
0255075100
Same streetBottom 6%Same areaBottom 10%CitywideBottom 13%

Lupa

karaniwan
4,816 sqft
0255075100
Same streetBottom 3%Same areaBottom 42%CitywideBottom 40%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

327 Waverley Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 330 m), 1 parks (nearest 452 m).

Search radius
🏫Education1
🌳Parks1
💪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%

Kasaysayan ng Benta

Naibenta 7/2017CA$550k–600k
Presyo ng benta

Parehong kalye

Top 29%

Parehong lugar

Top 19%

Buong lungsod

Top 11%

Related homes

Mga tampok at karaniwang tanong: 327 Waverley Street, Winnipeg

Property Overview: 327 Waverley Street, Winnipeg

Key Characteristics & Appeal

This home at 327 Waverley Street in North River Heights presents a compelling mix of established character and above-average valuation. Built in 1921, it is a mature property with a living area of 1,722 sq ft, which is spacious compared to the Winnipeg average. Its primary appeal lies in its strong assessed value of $644,000, which places it consistently in the top tiers for its street, neighborhood, and the wider city, suggesting a well-regarded location and property condition.

The data reveals interesting contrasts. While the home offers ample living space, its lot size of 4,816 sq ft is notably smaller than others on Waverley Street, though it aligns more closely with area and city averages. This creates a low-maintenance yard scenario within a prime area. The home last sold in July 2017 for an estimated $550k-$600k, and its current assessed value indicates significant appreciation since then.

This property would suit buyers seeking a character home in a desirable, established neighborhood like North River Heights, who prioritize interior space and location over a large lot. It’s ideal for someone who appreciates the charm of an older home but wants the confidence of an assessment that outperforms most peers. It may also attract value-conscious buyers looking for a solid investment in a proven market, where the property’s valuation consistently ranks in the top 6-15% across broader comparisons.

Frequently Asked Questions

1. Why is the assessed value so much higher than the last sold price?
The assessed value of $644,000 reflects the municipality's current valuation for taxation purposes, which considers market trends, improvements, and comparable sales. The home last sold in mid-2017 for an estimated $550k-$600k; the increase aligns with general market appreciation over the past seven years in sought-after neighborhoods.

2. How does the smaller lot size impact the property?
While the lot is smaller than many on its specific street, it is close to the average for North River Heights and Winnipeg overall. This typically means less yard maintenance, which can be a benefit for many, though it may limit expansion possibilities compared to larger lots.

3. What should I consider about a home built in 1921?
A home of this age offers classic charm and likely solid construction, but it's essential to investigate the condition of major systems (like plumbing, electrical, and foundation) and updates (like windows and insulation). Its older age is factored into its character and is typical for the neighborhood.

4. How accurate are the sold price and ranking data?
The sold price range is based on publicly available data, not the MLS, and is presented as a band. The comparative rankings for size, value, and lot are algorithmic estimates based on available municipal data, providing a useful benchmark rather than an absolute guarantee.

5. How can I get the exact historical sale details?
Due to industry rules, exact MLS sale figures are not published on the site. You can request the full transaction history and exact sold prices by emailing the provided contact; they will perform a manual lookup and send the information directly to you.