352 Waverley Street

North River Heights, Winnipeg

Property score

82.5

Excellent

Overall 82.5 · Larger but older than most nearby homes

2,412 sqft (top 7%) · Built in 1922 (15 yrs older than avg)

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

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, 1 sports facility, and 2 place of worships nearby

Living Area

Above average

57% larger than neighborhood avg.

Year Built

Below average

15 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

82.5 is composed by the two sections below.

Property Score

73.5Good
Living Area2,412 sqft96Excellent
Year Built192220Low
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

Elite
2,412 sqft
0255075100
Same streetTop 14%Same areaTop 7%CitywideTop 4%
Same street · Waverley Street
#40 / 293
Top 14% · Avg 1,692 sqft
Same area · North River Heights
#158 / 2,168
Top 7% · Avg 1,540 sqft
Citywide · Winnipeg
#7,054 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
894k
0255075100
Same streetTop 4%Same areaTop 2%CitywideTop 2%
Same street · Waverley Street
#13 / 293
Top 4% · Avg 518.4k
Same area · North River Heights
#47 / 2,168
Top 2% · Avg 479.3k
Citywide · Winnipeg
#2,975 / 194,458
Top 2% · Avg 390.1k

Year Built

below average
1922
0255075100
Same streetBottom 9%Same areaBottom 14%CitywideBottom 14%

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

352 Waverley Street — 5 amenities found within 500 m, across 4 categories, including 1 education (nearest 405 m), 1 parks (nearest 440 m).

Search radius
🏫Education1
🌳Parks1
💪Sports1
Worship2

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 11/2017CA$300k–350k
Sold price

Same street

Bottom 6%

Same area

Bottom 10%

City-wide

Bottom 40%

Related homes

Highlights & common questions: 352 Waverley Street, Winnipeg

Property Overview: 352 Waverley Street, Winnipeg

Key Characteristics & Appeal

This home at 352 Waverley Street in North River Heights is a property defined by its spacious interior and premium assessed value within a well-established neighbourhood. Built in 1922, it is a century-old character home that offers significantly more living space than most, ranking in the top 4-7% for square footage across Winnipeg. With 2,412 sqft, it provides ample room for a growing family or those who value generous interior proportions. The assessed value of $894k places it firmly among the elite tier of homes in the area, ranking in the top 2-4% when compared to the neighbourhood and city, which signals a high-quality build, desirable location, or significant updates.

Its appeal lies in this combination of classic charm and modern premium standing. While the lot size is fairly typical for the central area, the home itself is a standout in terms of space and official valuation. It would particularly suit buyers looking for a established, character-rich home in a prime inner-city neighbourhood who prioritize interior space over a newer build or an exceptionally large yard. A thoughtful perspective for this buyer is to balance the joy of abundant living area with a clear understanding of the maintenance and potential renovation needs inherent to a 104-year-old structure, ensuring the charm is matched by sound mechanics.

Frequently Asked Questions

1. Why is the assessed value so much higher than neighbouring homes?
The assessed value of $894k ranks in the top 4% on its street and top 2% in North River Heights. This premium valuation typically reflects factors like extensive renovations, high-quality finishes, additions, or a particularly desirable lot placement that official assessments recognize.

2. What should I know about owning a home built in 1922?
While offering classic character, a home of this age requires diligent attention to its major systems. Prospective buyers should prioritize inspections focused on the foundation, plumbing, electrical wiring, and roof to understand the home's current condition and anticipate future upkeep.

3. The last sold price appears much lower; what does that mean?
Records show it last sold for between $300k-$350k in 2017. The significant jump to the current assessed value likely indicates a major transformation of the property through a substantial renovation or addition in the intervening years, fundamentally changing its market value.

4. Is the lot size a limitation?
At 5,208 sqft, the lot is around the average for North River Heights. It provides standard urban outdoor space but may not suit those seeking extensive gardens or sprawling yards. The value here is concentrated in the home's interior space and location.

5. How can I verify the exact historical sale prices?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the service provider, who will perform a manual lookup.

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