Property score
78.2
Good
Overall 78.2 · Compared with neighbourhood average
1,730 sqft (top 31%) · Built in 1927 (10 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.
Year Built
Below average
10 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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78.2 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
365 Waverley Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 371 m), 1 parks (nearest 352 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 | Bottom 15% | Bottom 17% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 365 Waverley Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 365 Waverley Street presents a distinct profile within the desirable North River Heights neighborhood. Built in 1927, its 1,730 sqft of living space is above average for Winnipeg overall, offering comfortable room for a small family or couple. The lot size of 4,815 sqft is typical for the immediate area but is notably smaller than most others on Waverley Street itself.
The primary appeal lies in its value positioning. With an assessed value of $399k, it sits significantly below the average for both its street and the broader North River Heights area. This creates a compelling entry point into a well-established, central neighborhood known for its character, tree-lined streets, and amenities. The home last sold in 2017 for between $300k-$350k, suggesting potential for equity growth.
This property would suit a pragmatic buyer—perhaps a first-time homeowner or downsizer—who prioritizes location and liveable space over a large yard or a newer build. It’s for someone who sees the value in getting into a prime neighborhood at a relatively accessible price point and is comfortable with the character and potential maintenance considerations of a century-old home. A thoughtful perspective is that the smaller lot could mean less exterior upkeep, a potential benefit for those seeking a lower-maintenance lifestyle without sacrificing interior space.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the street and area averages?
The assessed value is a municipal calculation for tax purposes, influenced by factors like lot size, living area, age, and recent sales. This home’s smaller lot and older age compared to neighbors on larger plots likely contribute to its lower assessment, which doesn't necessarily reflect market value but indicates its relative position.
2. What does the lot size mean for outdoor space?
At 4,815 sqft, the yard is standard for Winnipeg but is one of the smaller properties on Waverley Street. It provides reasonable private outdoor space for gardening or relaxation, but may not accommodate extensive additions or large recreational structures.
3. As a 99-year-old home, what should I consider?
A home from 1927 will have character but requires diligent inspection. Key focuses should be the condition of foundational elements, plumbing and electrical updates, insulation, and windows. A well-maintained older home can be solid, but budgeting for ongoing upkeep is essential.
4. How does the living area compare practically?
At 1,730 sqft, the home is spacious by city-wide standards. It likely offers a functional layout typical of its era, which may include defined rooms rather than open-concept living. It provides ample space for daily life without being excessive to heat or maintain.
5. Where can I get verified historical sale data?
The provided sold price is a public estimate. For complete and exact transaction history, you must request a manual lookup from the site via email, as MLS sold records are not displayed due to industry regulations.
