Property score
72.6
Good
Overall 72.6 · Newer than most nearby homes
1,329 sqft (bottom 39%) · 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
14% 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)
770
480k
$319/sqft
1937
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72.6 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
471 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 241 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 37% | Top 29% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 471 Waverley Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,329 sqft home, built in 1948 on a 4,824 sqft lot, presents a solid, mid-century offering in the established North River Heights neighbourhood. Its appeal lies in its balance and context. With an assessed value of $483k, it sits above the Winnipeg city-wide average, yet is competitively priced within its own desirable area and street—positioning it as a potentially efficient entry point into a mature community. The home’s living space is modest compared to some larger houses on Waverley Street itself, but is very much in line with the broader city average, suggesting a practical, manageable footprint.
The data reveals thoughtful perspectives: while the lot size is smaller than most on its street, it is near the neighbourhood average, offering a lower-maintenance yard without sacrificing outdoor space. Furthermore, the home is notably newer than many in North River Heights, which may imply updates or a construction era with modern amenities. It suits buyers seeking character and location over sheer size—perhaps first-time buyers moving into a family-oriented area, downsizers looking to stay in the neighbourhood with less upkeep, or value-focused investors attracted by its above-city-average assessment in a stable area.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $450k-$500k in mid-2021. Its current assessed value of $483k is slightly below the current average assessed value for Waverley Street ($518.4k), suggesting it may be evaluated below the street’s prevailing market trend.
2. Is the lot size a disadvantage?
While the lot is smaller than the street average, it is close to the average for North River Heights. This typically means less yard maintenance while still providing private outdoor space, which can be a practical advantage for many.
3. What does the "above average" year built mean for the neighbourhood?
Built in 1948, this home is newer than about 88% of homes in North River Heights. In an area with many heritage properties, this could mean a layout or building systems that feel more modern, potentially with fewer concerns about very old plumbing or wiring found in earlier constructions.
4. How accurate is the sold price data provided?
The sold price is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via email from the site.
5. Are there any similar properties nearby for comparison?
The listing references nearby properties like 498 Montrose Street (a 1946 home, larger at 1,907 sqft, assessed at $529k) and 444 Waverley Street (a much newer and larger 2021 build assessed at $1.27M). These highlight the range of options in the area, from renovation-ready character homes to new constructions.
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