Property score
68.6
Good
Overall 68.6 · Smaller but newer than most nearby homes
1,158 sqft (bottom 26%) · Built in 1948 (11 yrs newer than avg)
Located in a high-income area with median household income of ~126k
Transit 74.0 · 3-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
25% 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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68.6 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
483 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 260 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 50% | Top 41% | Top 24% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 14% | Bottom 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 483 Waverley Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 483 Waverley Street in North River Heights is a classic post-war bungalow, built in 1948. With 1,158 sqft of living space and a 4,826 sqft lot, it presents a more compact footprint compared to many on its street, but one that is quite typical for the wider city. Its assessed value of $416k sits in a middle range—higher than the Winnipeg average but more accessible than many homes in this established neighbourhood.
The primary appeal lies in its location within a desirable, mature area, offering a balance of value and community. It suits first-time buyers or downsizers seeking an entry point into North River Heights without the premium for a larger property. The lot, while smaller than others on Waverley, is still a good size city-wide and offers manageable outdoor space with less maintenance. A thoughtful perspective is that this home represents the "bones" of the neighbourhood—a solid, no-frills property where value is driven more by location than by size or luxury finishes. It’s a home for someone who values character and community over square footage, and who may see potential in updating a well-located property.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,158 sqft, the living area is below the average for both Waverley Street and the North River Heights area, but is close to the average for the City of Winnipeg as a whole. It is a characteristically cozier post-war home.
2. Is the assessed value in line with the neighbourhood?
Yes. The $416k assessment is around the average for North River Heights. It positions the property in the middle tier for the neighbourhood, offering a value-oriented option in a sought-after area.
3. What is the history of sales for this property?
According to available data, the home sold previously in June 2017 for between $300k-$350k, and again in November 2024 for between $400k-$450k. Exact sale prices require a manual lookup from the provider.
4. How does the lot size impact the property?
The lot of 4,826 sqft is significantly smaller than the average lot on Waverley Street, but is fairly standard compared to the rest of North River Heights and the city. This means more manageable yard maintenance, but potentially less privacy or space for expansions compared to its immediate neighbours.
5. The home was built in 1948. What should I consider?
Built 78 years ago, this home is newer than many in North River Heights but older than the Winnipeg average. Prospective buyers should budget for and prioritize a thorough inspection of major aging components like the roof, foundation, plumbing, and electrical systems, which may need updating or will require a planned maintenance fund.
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