418 Waverley Street

North River Heights, Winnipeg

Property score

73.1

Good

Overall 73.1 · Compared with neighbourhood average

1,331 sqft (bottom 39%) · 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 park, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

14% smaller 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

73.1 is composed by the two sections below.

Property Score

59.3Fair
Living Area71
1,331 sqftGood
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

around average
1,331 sqft
0255075100
Same streetBottom 33%Same areaBottom 39%CitywideTop 40%
Same street · Waverley Street
#197 / 293
Bottom 33% · Avg 1,692 sqft
Same area · North River Heights
#1,324 / 2,168
Bottom 39% · Avg 1,540 sqft
Citywide · Winnipeg
#77,083 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
390k
0255075100
Same streetBottom 22%Same areaBottom 23%CitywideTop 41%
Same street · Waverley Street
#228 / 293
Bottom 22% · Avg 518.4k
Same area · North River Heights
#1,675 / 2,168
Bottom 23% · Avg 479.3k
Citywide · Winnipeg
#79,616 / 194,458
Top 41% · 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

418 Waverley Street — 3 amenities found within 500 m, across 3 categories, including 1 parks (nearest 317 m).

Search radius
🌳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 4/2023CA$350k–400k
Sold price

Same street

Bottom 20%

Same area

Bottom 28%

City-wide

Top 45%

Related homes

Highlights & common questions: 418 Waverley Street, Winnipeg

Property Overview & Appeal

This home at 418 Waverley Street in North River Heights is a classic, mid-century property that presents a practical entry point into a desirable neighbourhood. Built in 1941, its 1,331 sqft living space and 5,210 sqft lot are modestly sized for the immediate street but align more closely with the averages for the broader area and city. A key characteristic is its assessed value of $390k, which sits notably below the average for both Waverley Street and North River Heights. This suggests a potential value opportunity for a buyer willing to invest in updates, as the home may be priced more accessibly than its neighbours. Its last recorded sale was between $350k-$400k in April 2023.

The appeal lies in securing a home in a well-established, central neighbourhood at a relative value. It would suit first-time buyers or practical downsizers who prioritize location over move-in perfection and are prepared for the maintenance or modernization that can come with an 85-year-old home. A thoughtful perspective is that while the house is smaller than many on its street, it occupies a standard city lot, offering normal outdoor space and potential for future expansion, subject to regulations.

Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The data indicates it is. The home’s assessed value is in the bottom quarter for both Waverley Street and North River Heights, meaning you are buying into the area at a price point below many comparable properties.

2. What should I consider about the age of the home?
Built in 1941, major systems like roof, plumbing, wiring, and insulation may be original or nearing the end of their service life. A thorough inspection is crucial to budget for necessary updates, which also presents an opportunity to customize.

3. How does the lot size compare?
At 5,210 sqft, the lot is smaller than the average on Waverley Street but is typical for North River Heights. It provides standard backyard space for a city home, which is a positive compared to newer, denser subdivisions.

4. Can I get the exact historical sale price?
The exact sale price from April 2023 is not publicly displayed on this site. You can request the exact figures via email, and the service will manually look up and provide the verified transaction history.

5. The living area seems smaller than nearby homes. Is it cramped?
At 1,331 sqft, it is indeed smaller than the average home on its street. However, this size is very close to the city-wide average and can be efficient for a smaller household. The floor plan’s layout will be more important than the square footage alone in determining how it lives.