Property score
70.8
Good
Overall 70.8 · Newer than most nearby homes
1,296 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)
770
480k
$319/sqft
1937
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70.8 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
473 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 245 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 | Bottom 26% | Bottom 31% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 473 Waverley Street, Winnipeg
Key Characteristics & Appeal
This 1,296 sqft home, built in 1948, sits on a 4,825 sqft lot in North River Heights. Its appeal lies in its established neighbourhood setting and its position as a solid, mid-century property. The home presents a practical footprint, larger than the Winnipeg city-wide average for living space, making it suitable for a small family, a couple, or a downsizer seeking single-level living (subject to floor plan confirmation).
The data reveals a nuanced value proposition. With an assessed value of $477,000, it sits above the city-wide average, reflecting the desirability of the area. However, within its own immediate street and neighbourhood, its value and lot size are around or below average. This suggests the property may offer a more accessible entry point into North River Heights compared to larger, higher-valued homes on the same block. The lot, while smaller than others on Waverley Street, is near the average for the broader neighbourhood, indicating a manageable outdoor space. A thoughtful perspective for a buyer is the home's age: at 78 years old, it is newer than many in North River Heights, which could imply potentially fewer legacy maintenance issues than some neighbouring properties, though a thorough inspection remains essential.
This property would best suit a buyer who prioritizes location in a mature community over having the largest lot or most modern home on the street. It’s for someone seeking character and stability, who is comfortable with a home of this era and sees potential in its established footprint.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $477,000 is for municipal tax purposes and serves as a benchmark. It indicates the home is valued above the Winnipeg average. The actual selling price will be determined by current market conditions, the home's specific condition, and recent sale prices of comparable properties.
2. Is the lot size a significant drawback?
While the lot is smaller than the average on Waverley Street, it is closer to the average for the wider North River Heights area. It offers a manageable yard space. For buyers seeking extensive gardens or large outdoor additions, it may be limiting; for those preferring less maintenance, it could be an advantage.
3. What should I consider given the home's age?
Built in 1948, the home will have the character and construction methods of its time. Key focuses for a buyer should be the condition of major systems (roof, plumbing, electrical, foundation) and any updates that have been made. Its age is actually newer than many homes in the neighbourhood, which is a relative positive.
4. How does this property compare to others nearby?
The data shows this home has a smaller living area and lot than many on its own street, but it aligns more closely with neighbourhood and city averages for size. Its value is also positioned in the middle of the pack locally. It represents a more typical, established home for the broader area rather than a standout on its specific block.
5. Where can I find verified past sale prices?
The listed sale price from 2019 is presented as a range. For fully verified and exact historical transaction figures, you must request a manual lookup from the site provider, as this data is not sourced from the MLS.
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