Property score
78.1
Good
Overall 78.1 · Newer than most nearby homes
1,527 sqft (top 45%) · Built in 1951 (14 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: 1 school, 2 parks, and 1 sports facility nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Above average
14 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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78.1 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
490 Waterloo Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 389 m), 2 parks (nearest 226 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 34% | Top 21% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
490 Waterloo Street is a well-established home in Winnipeg's North River Heights neighbourhood. Built in 1951, it sits on a generous 6,023 sqft lot and offers 1,527 sqft of living space. With an assessed value of $524,000, it presents a solid, mid-century property in a desirable area.
This home’s primary appeal lies in its strong positional value. While the house itself is of average size for its immediate street and neighbourhood, it stands out for its above-average lot size in North River Heights, offering more outdoor space than many nearby properties. Its assessed value is notably above average both for the wider city and the neighbourhood, suggesting a perception of quality and a desirable location.
The data reveals a thoughtful perspective: this is not an outlier in any single category but a consistently above-median performer across key metrics. It offers the stability of a mature, established area without being the oldest or newest home on the block. It would particularly suit buyers looking for a balanced proposition—a home with room to garden or expand, in a prime neighbourhood, without the premium price of a fully renovated or maximized property. It’s an ideal choice for someone valuing land size and location who is comfortable with a home from the 1950s.
1. How does this home’s value compare to recent sales on the street?
The home last sold between $500,000 and $550,000 in July 2021. Its current assessed value of $524,000 places it in the top third of homes on Waterloo Street for value, indicating its assessment is competitive and slightly above the street's average.
2. Is the lot size a significant feature for this area?
Yes. At over 6,000 sqft, the lot ranks in the top 10% for size within the North River Heights area, making it a standout feature compared to neighbouring properties.
3. What does the "Year Built" ranking tell us?
Built in 1951, the home is newer than most in North River Heights (ranking in the top 7% for the area), but is older than the average Winnipeg home. This suggests you’re in a mature, established neighbourhood with homes that may have similar renovation timelines.
4. How reliable is the sold price data provided?
The sold price range 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. Where can I see how this property compares visually to its neighbours?
You can use the provided "Open neighbourhood map analysis" link to view the property on a detailed map alongside nearby homes, comparing metrics like year built, lot size, and value directly.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
