Property score
74.5
Good
Overall 74.5 · Compared with neighbourhood average
1,488 sqft (top 47%) · Built in 1942 (5 yrs newer than avg)
Located in a high-income area with median household income of ~123k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 2 parks, 1 sports facility, and 1 place of worship nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Near average
5 yrs newer than neighborhood avg.
Mother tongue
English · 90%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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74.5 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: #46110385
$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
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
428 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 305 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 18% | Bottom 24% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 428 Waverley Street, North River Heights, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a well-established 1,488 sqft home built in 1942, situated on a 5,204 sqft lot in the desirable North River Heights neighbourhood. Its primary appeal lies in its solid, middle-of-the-road positioning. The home offers more living space than the Winnipeg average and holds an assessed value ($442k) that is notably above the city-wide benchmark, suggesting good value retention for its vintage. However, within its own prestigious street and neighbourhood, the lot size is smaller than typical, and both the living area and assessed value are around or slightly below the local averages. This creates a unique value proposition: you are buying into a prime area with mature charm and stability, but in a package that may be more manageable and potentially more affordable than the larger estates on the block. It would suit a practical buyer who prioritizes location and neighbourhood character over sheer size—perhaps a small family, a professional couple, or a downsizer seeking a classic home without the upkeep of a massive lot, while still benefiting from the community's amenities and prestige.
Frequently Asked Questions
1. How does this home’s value compare to others in North River Heights?
The home’s assessed value of $442k is around the neighbourhood average. It positions the property as a typical entry into North River Heights, rather than one of its larger or more renovated estates, which often have higher assessments.
2. Is the lot size a disadvantage?
While the lot is smaller than others on Waverley Street, it is very close to the average for North River Heights as a whole. This could mean less maintenance and landscaping work, which some buyers may prefer, though it offers less space for expansions or large outdoor amenities.
3. What might the 1942 construction date mean for me?
Built in the early 1940s, this home likely has classic character and solid construction. Buyers should budget for age-related updates, such as plumbing, electrical, or insulation, to modernize efficiency while preserving its historic charm.
4. The last sold price shown is from 2020. What does that indicate?
The 2020 sale price (in the $300k-$350k range) and the current $442k assessment highlight significant appreciation over four years. This strong growth trajectory underscores the neighbourhood's enduring desirability and market strength.
5. How does this home fit within the context of the entire city?
City-wide, this property stands out as above average in both size and value. It offers more living space than the typical Winnipeg home and carries an assessed value in the top 30% citywide, reinforcing that it represents a step up into a established, sought-after community.
