74.8
Good
Property score
74.8
Good
Overall 74.8
Compared with neighbourhood average
1,598 sqft (top 40%)
Built in 1941 (4 yrs newer than avg)
Located in a high-income area
with median household income of ~126k
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% 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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74.8 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
451 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 229 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%
Local garbage, recycling, and yard waste pickup schedule for 451 Waverley Street.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 6% | Top 6% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 14% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 451 Waverley Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling profile defined by its value and established location. Built in 1941, it offers 1,598 sqft of living space, which is comfortably above the Winnipeg average. Its most standout feature is its assessed value of $676,000, which places it in the top 5-7% of homes citywide and in the desirable North River Heights area, indicating a premium valuation for its location and condition.
The appeal lies in securing a well-positioned property in a mature neighbourhood without requiring an oversized lot. While the lot is smaller than others on Waverley Street, it is consistent with the area average, offering manageable outdoor space. Recent sale history shows significant appreciation, with the last sale in 2022 fetching between $750k-$800k. This home suits buyers looking for a character home in a prime neighbourhood who prioritize location and value growth over a vast yard or brand-new construction. It’s ideal for professionals or small families seeking a established community with a home that has a track record of strong market performance.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to the home’s size and age?
The assessment reflects more than just square footage. It captures the premium for the North River Heights location, the desirability of the specific street, and the home’s condition, updates, and market position. Being in the top 5% citywide for value suggests unique attributes or improvements that standard metrics don’t fully detail.
2. The lot is noted as smaller than others on the street. Is this a major drawback?
It depends on your lifestyle. While it ranks below average for lot size on Waverley Street, it is near the average for the broader North River Heights area. This often translates to less maintenance and can be a benefit for those not seeking extensive gardening or yard work, while still providing typical urban outdoor space.
3. What does the sale history tell us about the property’s market performance?
The home sold for $600k-$650k in 2019 and then $750k-$800k in 2022. This represents substantial appreciation in a three-year period, significantly outperforming average market trends. It suggests the property has been a strong investment vehicle.
4. As a home built in 1941, what should I be mindful of?
While the year of build is typical for the neighbourhood, a home of this age will likely have had various updates. A key focus for any inspection should be the state of major systems (roof, plumbing, electrical, foundation) and the quality of any renovations. The charm of older construction comes with a responsibility for diligent maintenance.
5. How can I get the exact past sale prices instead of the ranges shown?
The site provides sold price ranges publicly. To obtain the exact historical sale figures, you must request them directly via the email lookup service provided on the page, as this data is not sourced from the MLS and is manually verified.
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