467 Waverley Street

North River Heights, Winnipeg

Property score

72.6

Good

Overall 72.6 · Newer than most nearby homes

1,300 sqft (bottom 36%) · Built in 1948 (11 yrs newer than avg)

Located in a high-income area with median household income of ~126k

Transit 74.0 · 4-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

16% smaller than neighborhood avg.

Year Built

Above average

11 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

72.6 is composed by the two sections below.

Property Score

59.4Fair
Living Area1,300 sqft71Good
Year Built194830Low
Lot Size4,825 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

around average
1,300 sqft
0255075100
Same streetBottom 30%Same areaBottom 36%CitywideTop 42%
Same street · Waverley Street
#205 / 293
Bottom 30% · Avg 1,692 sqft
Same area · North River Heights
#1,385 / 2,168
Bottom 36% · Avg 1,540 sqft
Citywide · Winnipeg
#80,875 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
494k
0255075100
Same streetTop 43%Same areaTop 31%CitywideTop 21%
Same street · Waverley Street
#127 / 293
Top 43% · Avg 518.4k
Same area · North River Heights
#670 / 2,168
Top 31% · Avg 479.3k
Citywide · Winnipeg
#40,347 / 194,458
Top 21% · Avg 390.1k

Year Built

above average
1948
0255075100
Same streetBottom 49%Same areaTop 12%CitywideBottom 26%

Lot Size

around average
4,825 sqft
0255075100
Same streetBottom 11%Same areaTop 37%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

467 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 237 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 8/2020CA$400k–450k
Sold price

Same street

Bottom 44%

Same area

Top 46%

City-wide

Top 26%

Related homes

Highlights & common questions: 467 Waverley Street, Winnipeg

Property Overview: 467 Waverley Street, North River Heights, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 467 Waverley Street is a classic North River Heights property built in 1948, offering 1,300 sqft of living space on a 4,825 sqft lot. Its assessed value of $494k positions it as a solid, mid-range offering in a desirable established neighbourhood.

The appeal lies in its balance and location. While the living space is modest compared to some larger homes on the street, it is comfortably above the city-wide average, suggesting a practical layout for everyday living. The property holds its value well, with an assessment that ranks above average citywide, indicating a good investment within a stable area. A thoughtful perspective is that the lot size, while smaller than others on Waverley Street, is actually near the average for the broader North River Heights area, meaning you get the neighbourhood appeal without the upkeep of an excessively large yard. The home’s age (1948) is newer than most in the immediate area, which may imply updates over the years or potentially fewer legacy maintenance issues than some older neighbours.

This property would suit first-time buyers or downsizers looking for an entry point into a well-regarded neighbourhood without a premium price tag. It’s also a practical fit for investors or homeowners who value location and community over sheer square footage, and who prefer a manageable outdoor space.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home last sold in August 2020 for between $400k and $450k. Its current assessed value of $494k reflects market appreciation and is above the city-wide average for comparable homes, suggesting strong value retention in this area.

2. Is the living space smaller than other homes nearby?
Yes, at 1,300 sqft, it is below the average for Waverley Street itself but is close to the average for the wider North River Heights area and is above the overall Winnipeg average. It represents a more compact, efficient footprint.

3. What does the lot size ranking mean for outdoor space?
The lot is in the bottom 11% on Waverley Street, where lots are typically larger. However, it ranks near the middle compared to all of North River Heights and Winnipeg. You’ll have a standard city yard for the area, which is often seen as an advantage for lower maintenance.

4. The home was built in 1948. What should I consider?
While 78 years old, this home is actually newer than many in North River Heights, ranking in the top 12% for the neighbourhood by year built. This is a relative advantage, but a thorough inspection is still essential to understand the condition of major systems like plumbing, electrical, and the roof.

5. How can I get verified historical sale data?
The provided sold price is an estimate from public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email from the site, as they do not have access to MLS sales records.

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