415 Waverley Street

North River Heights, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Larger than most nearby homes

2,170 sqft (top 12%) · Built in 1941 (4 yrs newer than avg)

Located in a high-income area with median household income of ~126k

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

41% larger than neighborhood avg.

Year Built

Near average

4 yrs newer than neighborhood avg.

Mother tongue

English · 84%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

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Property score

80.2 is composed by the two sections below.

Property Score

72.0Good
Living Area94
2,170 sqftExcellent
Year Built24
1941Low
Lot Size60
4,821 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

92.4Excellent
Household Income91
Excellent
Education Level100
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

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: #46110384

Community deep dive

$126K

Median household income

$128K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

18%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)410
Labour force participation rate68%
Median age44.0
Avg household size2.6
Unemployment rate6%
Population density2157 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households18%
Couple families with children37%
Median household income (2020)$126K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$404K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority12%
Bachelor's or higher (25–64)70%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Chinese · 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
2,170 sqft
0255075100
Same streetTop 21%Same areaTop 12%CitywideTop 7%
Same street · Waverley Street
#61 / 293
Top 21% · Avg 1,692 sqft
Same area · North River Heights
#268 / 2,168
Top 12% · Avg 1,540 sqft
Citywide · Winnipeg
#13,866 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
488k
0255075100
Same streetTop 46%Same areaTop 33%CitywideTop 22%
Same street · Waverley Street
#135 / 293
Top 46% · Avg 518.4k
Same area · North River Heights
#711 / 2,168
Top 33% · Avg 479.3k
Citywide · Winnipeg
#42,318 / 194,458
Top 22% · Avg 390.1k

Year Built

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

Lot Size

around average
4,821 sqft
0255075100
Same streetBottom 4%Same areaTop 48%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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

415 Waverley Street — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 457 m), 1 parks (nearest 261 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 12/2023CA$450k–500k
Sold price

Same street

Top 44%

Same area

Top 36%

City-wide

Top 21%

Related homes

Highlights & common questions: 415 Waverley Street, Winnipeg

Property Overview: 415 Waverley Street, Winnipeg

Key Characteristics & Appeal

This home at 415 Waverley Street in North River Heights presents a compelling blend of space, location, and value. Its primary strength is its generous living area of 2,170 sq ft, which ranks well above average for the neighbourhood and the wider city, offering more interior room than most comparable homes. Built in 1941, it is a character home typical of the area, with an assessed value that sits comfortably around the local average. The lot size is modest for the immediate street but is generally in line with the neighbourhood, suggesting a manageable yard with less maintenance.

The appeal lies in acquiring a spacious, established home in a desirable neighbourhood without a premium price tag. The data indicates you get more house for your money here compared to the city-wide market. It would suit buyers who prioritize interior space and character over a large yard, and who are looking for a solid value proposition in a prime location. A thoughtful perspective is that its "around average" assessment for the area could represent a stable entry point without the volatility of a highly priced or undervalued asset, while the above-average interior space offers a tangible daily benefit.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold in December 2023 for an estimated $450,000–$500,000. The current assessed value is $488,000, placing the sale within that recent price band and suggesting the assessment is in line with the market.

2. Is the lot size a disadvantage?
While the lot is smaller than most on Waverley Street, it is near the average for North River Heights overall. This typically means lower maintenance and landscaping costs, which can be an advantage for many buyers.

3. What should I consider about a home built in 1941?
While full of character, a home of this age will likely have had various updates over the decades. A key part of your evaluation should be understanding the condition and age of major systems like the roof, plumbing, wiring, and windows, as well as the home's insulation and energy efficiency.

4. How does this property’s value compare to its neighbours?
The assessed value is very typical for North River Heights. Notably, the home offers significantly more living space than the area average, which suggests its value is driven more by its interior size than its lot.

5. Where can I get verified sale history and exact figures?
The displayed sold price is an estimate from public records. For fully verified transaction history and exact sale prices, you must request a manual lookup from the site via email, as they do not have access to MLS sales data.