414 Waverley Street

North River Heights, Winnipeg

Property score

79.6

Good

Overall 79.6 · Larger than most nearby homes

1,827 sqft (top 25%) · Built in 1941 (4 yrs newer than avg)

Located in a high-income area with median household income of ~123k

Transit 70.0 · 6-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

19% larger than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 90%French · 2%

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

79.6 is composed by the two sections below.

Property Score

70.1Good
Living Area89
1,827 sqftExcellent
Year Built24
1941Low
Lot Size67
5,210 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

93.8Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46110385

Community deep dive

$123K

Median household income

$132K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.7

P90 / P10 ratio

19%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)509
Labour force participation rate70%
Median age41.2
Avg household size2.5
Unemployment rate3%
Population density3635 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households19%
Couple families with children36%
Median household income (2020)$123K

Housing

Renter households16%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority6%
Bachelor's or higher (25–64)72%
Mother tongue (1st)English · 90%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,827 sqft
0255075100
Same streetTop 31%Same areaTop 25%CitywideTop 16%
Same street · Waverley Street
#90 / 293
Top 31% · Avg 1,692 sqft
Same area · North River Heights
#537 / 2,168
Top 25% · Avg 1,540 sqft
Citywide · Winnipeg
#31,443 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
526k
0255075100
Same streetTop 35%Same areaTop 24%CitywideTop 16%
Same street · Waverley Street
#102 / 293
Top 35% · Avg 518.4k
Same area · North River Heights
#528 / 2,168
Top 24% · Avg 479.3k
Citywide · Winnipeg
#30,831 / 194,458
Top 16% · Avg 390.1k

Year Built

around average
1941
0255075100
Same streetBottom 36%Same areaTop 34%CitywideBottom 20%

Lot Size

around average
5,210 sqft
0255075100
Same streetBottom 37%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

414 Waverley Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 488 m), 1 parks (nearest 328 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%

Sales History

Sold 7/2022CA$550k–600k
Sold price

Same street

Top 26%

Same area

Top 18%

City-wide

Top 10%

Related homes

Highlights & common questions: 414 Waverley Street, Winnipeg

Property Overview: 414 Waverley Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This 1,827 sqft home, built in 1941, sits on a 5,210 sqft lot in the established North River Heights neighbourhood. Its primary appeal lies in offering above-average space and value within a wider city context. The living area is notably larger than the Winnipeg average, providing ample room for a growing family or those who value spaciousness. With an assessed value of $526,000, the property ranks above average for both the neighbourhood and the city, suggesting a solid investment in a desirable area.

The home’s character is typical of its era, offering the potential for classic architectural details. Its lot size is consistent with the local area, providing a balanced yard without excessive maintenance. A less obvious perspective is that its "around average" rankings on its own street for key metrics like size and value indicate it fits seamlessly into the streetscape, avoiding the premium often attached to outlier properties while still holding its own.

This property would suit buyers looking for a character home in a mature neighbourhood who prioritize interior space over a massive lot. It’s ideal for those comfortable with a home of this age, appreciating its potential charm and understanding that updates may be part of homeownership. It represents a practical choice for professionals or families seeking a established community with a strong sense of place.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home sold in July 2022 for between $550,000 and $600,000. This sale price ranked in the top 26% for the street at the time, indicating it was a strong performer compared to its immediate neighbours.

2. Is the lot size a disadvantage?
The lot is slightly smaller than the average for Waverley Street but is very close to the average for North River Heights. It provides a manageable outdoor space that is typical for the central neighbourhood, balancing yard area with lower maintenance.

3. What does the "above average" city-wide ranking mean for assessed value?
Ranking in the top 16% city-wide for assessed value means this property is valued higher than approximately 84% of homes in Winnipeg. This reflects the combined desirability of the North River Heights location and the property's characteristics.

4. As a home from 1941, what should I consider?
While the building age is typical for the area, a home of this vintage will likely have had various updates over the decades. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, and to identify any original features that may require maintenance or modernization.

5. How can I verify the exact historical sold price?
The precise sold price is not publicly displayed due to industry regulations. You can request the exact figure by emailing the site; they will manually look up the verified transaction history and provide it directly to you.