Property score
78.4
Good
Overall 78.4 · Larger than most nearby homes
1,837 sqft (top 24%) · Built in 1941 (4 yrs newer than avg)
Located in a high-income area with median household income of ~126k
Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 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 · 84%Chinese · 1%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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78.4 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: #46110384
$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
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
433 Waverley Street — 3 amenities found within 500 m, across 3 categories, including 1 parks (nearest 238 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 23% | Top 16% | Top 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 433 Waverley Street in North River Heights presents a solid, above-average offering in several key areas. Its primary appeal lies in its generous living space and strong value positioning within a desirable, established neighbourhood. Built in 1941, it is a classic character home that has been well-maintained over time.
Key Characteristics & Appeal
The 1,837 sqft living area is notably spacious, ranking within the top 30% on its own street and the top 16% city-wide. This makes it an excellent choice for families or those who value ample room without the footprint of an oversized property. With an assessed value of $525,000, it sits above the average for both the wider city and the North River Heights area, suggesting a premium for its location and condition. The lot size of 4,823 sqft is more compact than others on Waverley Street but is typical for the neighbourhood overall, offering manageable outdoor space.
This property would suit buyers looking for a move-in-ready character home in a prime location, who prioritize interior space over a vast yard. It’s particularly appealing for those seeking a established, tree-lined community with a history, rather than a new development. A thoughtful perspective is that its "above average" rankings city-wide indicate a strong foundational value, while its more average standing on its own prestigious street suggests it's among good company, offering a balance of distinction and neighbourhood consistency.
1. How does the home’s age affect its value and potential needs?
Built in 1941, the home is older than the Winnipeg average. This often means charming character details but also suggests that major systems (like plumbing, electrical, or the roof) may have been updated over time. A thorough inspection is recommended to understand the state of these components.
2. The lot is smaller than others on the street. Is this a disadvantage?
While the lot is below average for Waverley Street specifically, it is around the typical size for North River Heights. This can mean less yard maintenance and a more efficient use of space, which many modern buyers appreciate. It still provides room for a garden or patio.
3. What does the sold price history indicate?
Records show it sold between $550,000 and $600,000 in late 2022, a price that placed it in the top 9% city-wide at the time. This past sale demonstrates the strong market demand for well-positioned homes in this area.
4. How does the assessed value relate to the likely market price?
The current assessed value of $525,000 is a municipal valuation for tax purposes. Market price is determined by current buyer demand. The home’s assessed value being above city and neighbourhood averages is a positive indicator of its official valuation.
5. Are there newer, more expensive homes nearby?
Yes. The listing shows a nearby property built in 2021 with a value over $1 million. This indicates a neighbourhood in demand where older homes coexist with significant new investments, which can be a positive signal for long-term value.
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