Property score
84.2
Excellent
Overall 84.2 · Larger and newer than most nearby homes
2,013 sqft (top 17%) · Built in 1945 (8 yrs newer 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 park, 1 sports facility, and 1 place of worship nearby
Living Area
Above average
31% larger than neighborhood avg.
Year Built
Above average
8 yrs newer 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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84.2 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
401 Waverley Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 409 m), 1 parks (nearest 303 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 39% | Top 30% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 401 Waverley Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 401 Waverley Street is a well-established property in the desirable North River Heights neighbourhood, built in 1945. Its primary appeal lies in offering above-average space and value within its context. With 2,013 square feet of living area, the home is notably larger than most comparable properties in Winnipeg, ranking in the top 11% city-wide. The 6,019 sqft lot is also generous for the North River Heights area, placing it in the top 10% locally, which allows for more outdoor space than many neighbouring homes.
The assessed value of $583,000 positions it above average for the street, neighbourhood, and city, suggesting a perception of solid quality and desirability. A less obvious point of appeal is its vintage; built in 1945, it is actually newer than many homes in North River Heights, potentially meaning fewer immediate heritage-era updates compared to older stock in the area. The home last sold in mid-2017 for an estimated $450,000-$500,000.
This property would best suit buyers looking for a character home with established roots in a prime neighbourhood, who prioritize interior space and a larger lot over a brand-new build. It’s ideal for someone who appreciates the mature setting of North River Heights and sees value in a home that stands above local and city averages in key metrics.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At just over 2,000 sqft, this home is larger than the average both on its street and in the wider North River Heights area. It offers more interior space than approximately 83% of similar homes in the neighbourhood.
2. What does the assessed value tell me about this property?
The $583,000 assessment is consistently above average across all comparison levels—street, neighbourhood, and city. This typically indicates the property is considered higher in value due to factors like location, size, condition, or improvements relative to others.
3. Is the lot size a significant feature?
Yes. While the lot is around average for Waverley Street itself, it is significantly larger than the typical lot in North River Heights, ranking in the top 10% for the area. This provides more private outdoor space than many surrounding properties.
4. The home was built in 1945. What should I consider?
While 81 years old, it’s worth noting this home is newer than the average for North River Heights. This could imply building materials and layouts that are somewhat more modern than many character homes in the area, though a thorough inspection for age-related maintenance is always essential.
5. Can I find out the exact past sale price?
The site provides an estimated sale price range from 2017. To obtain the exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
