441 Waverley Street

North River Heights, Winnipeg

Property score

61.4

Fair

Overall 61.4 · Smaller than most nearby homes

907 sqft (bottom 9%) · 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: 2 parks, 1 sports facility, and 1 place of worship nearby

Living Area

Below average

41% smaller 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

61.4 is composed by the two sections below.

Property Score

40.8Low
Living Area907 sqft42Low
Year Built194124Low
Lot Size4,823 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

92.4Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health76Good

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

below average
907 sqft
0255075100
Same streetBottom 1%Same areaBottom 9%CitywideBottom 17%
Same street · Waverley Street
#292 / 293
Bottom 1% · Avg 1,692 sqft
Same area · North River Heights
#1,970 / 2,168
Bottom 9% · Avg 1,540 sqft
Citywide · Winnipeg
#161,403 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
377k
0255075100
Same streetBottom 17%Same areaBottom 18%CitywideTop 45%
Same street · Waverley Street
#243 / 293
Bottom 17% · Avg 518.4k
Same area · North River Heights
#1,781 / 2,168
Bottom 18% · Avg 479.3k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · Avg 390.1k

Year Built

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

Lot Size

around average
4,823 sqft
0255075100
Same streetBottom 8%Same areaTop 40%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

441 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 232 m).

Search radius
🌳Parks2
💪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 6/2016CA$300k–350k
Sold price

Same street

Bottom 9%

Same area

Bottom 12%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 441 Waverley Street, Winnipeg

Property Overview

441 Waverley Street is a 907 sqft bungalow built in 1941, situated on a 4,823 sqft lot in Winnipeg's North River Heights neighbourhood. With an assessed value of $377k, it presents a specific and compelling opportunity in the market.

Key Characteristics, Appeal & Ideal Buyer

This home’s primary characteristic is its compact size, placing it well below the average living area for its street and neighbourhood. This translates to a lower price point, making it one of the more accessible entry points into the desirable North River Heights area. Its appeal lies in this value proposition: ownership in a established, central community for a cost that aligns more closely with the Winnipeg city-wide average.

The lot size is fairly standard for the neighbourhood, offering typical yard space. The home’s age (85 years) suggests a classic character but also implies that updates and maintenance will be important considerations.

This property would best suit a first-time buyer, a downsizer, or an investor looking for a manageable footprint in a prime location. It’s for someone who prioritizes neighbourhood over square footage and sees potential in a home that may require personalization or phased updates. A thoughtful perspective is that this smaller, more affordable home on a street with larger, more expensive properties could offer a unique sense of community and stability, without the premium price tag of its neighbours.


Frequently Asked Questions

1. Why is the assessed value lower than the street average?
The assessed value is primarily lower due to the home's significantly smaller living area compared to others on Waverley Street. Lot size and the home's age are also factors considered in the assessment.

2. What does the sold price history from 2016 indicate?
The home sold for between $300k and $350k in mid-2016. This historical data provides a benchmark, showing how the property's market value has appreciated over nearly a decade relative to its current assessed value.

3. Is the smaller living area a disadvantage?
It depends on your needs. For those seeking a lower-maintenance, more affordable home in the area, it's an advantage. It may be a constraint for growing families but ideal for individuals, couples, or those looking to minimize space.

4. How does this property compare to others in Winnipeg overall?
City-wide, this home is much more aligned with averages. Its living area is below average but closer to the norm, and its assessed value is near the city-wide median, highlighting that its price is more typical when viewed outside its immediate, high-demand neighbourhood.

5. Where can I get verified sale history and exact figures?
The displayed sold price is an estimate from public data. For fully verified transaction history and exact sale prices, you must request a manual lookup via email through the site, as this information is not sourced from the MLS.

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