Property score
69.7
Good
Overall 69.7 · Smaller than most nearby homes
1,153 sqft (bottom 26%) · Built in 1942 (5 yrs newer than avg)
Located in a high-income area with median household income of ~123k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 2 parks, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
25% 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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69.7 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
440 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 294 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 49% | Top 40% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 440 Waverley Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1942 home on a 5,857 sqft lot presents a classic North River Heights proposition. Its key appeal lies in a desirable, established neighbourhood, offering a balance of space and value. At 1,153 sqft, the living area is notably more compact than many neighbouring homes, suggesting a manageable layout that could suit downsizers, first-time buyers, or those seeking lower utility and maintenance costs. The lot size is a significant asset for the area, ranking well above the neighbourhood average, offering ample outdoor space rarely found in newer developments.
The assessed value of $494k sits around the average for the immediate street and neighbourhood but is above the city-wide average. This positions the property as a solid, mid-market entry into a sought-after area. The home’s age (84 years) is typical for the character of North River Heights, indicating potential for original charm but also implying that a buyer’s priorities should include a thorough inspection and budgeting for updates to major systems.
This property would best suit pragmatic buyers who value location and land over sheer interior square footage. It’s a practical choice for those wanting to enter a mature neighbourhood without a premium price tag for a large house, and it offers a blank canvas for gardening, expansion, or future renovation.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is below average for both Waverley Street and the wider North River Heights neighbourhood. Buyers should expect a more compact footprint compared to many surrounding homes, which often average around 1,540-1,692 sqft in the area.
2. Is the assessed value in line with recent sale prices?
The last recorded sale was between $400k-$450k in December 2020. The current assessed value of $494k is higher, which may reflect market changes, improvements, or the municipal assessment process. For verified, exact historical sale figures, a manual lookup can be requested.
3. What does the lot size mean for potential?
At 5,857 sqft, the lot is substantially larger than the North River Heights average (~5,054 sqft). This is a key feature, offering valuable outdoor space and potential for additions, a large garden, or landscaping projects, subject to local zoning.
4. What should I consider given the home’s age?
Built in 1942, the home is older than most in Winnipeg. Prospective buyers should prioritize inspections for foundational integrity, roofing, plumbing, electrical systems, and insulation. Budgeting for modernizations or unforeseen repairs is advisable.
5. How does this property rank compared to others in the city?
City-wide, this home ranks above average in assessed value (top 21%) and has a larger-than-typical lot (top 36%). Its living space is near the city median (top 55%). This highlights its position as a land-value proposition in a premium neighbourhood rather than a large interior space.
