Property score
76.7
Good
Overall 76.7 · Newer than most nearby homes
1,598 sqft (top 40%) · Built in 1948 (11 yrs newer than avg)
Located in a high-income area with median household income of ~123k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks, 1 sports facility, and 1 place of worship nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Above average
11 yrs newer than neighborhood avg.
Mother tongue
English · 90%French · 2%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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76.7 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: #46110385
$123K
Median household income
$132K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
19%
Single-person households
36%
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
492 Waverley Street — 4 amenities found within 500 m, across 3 categories, including 2 parks (nearest 316 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 25% | 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: 492 Waverley Street, Winnipeg
Key Characteristics & Appeal
This home at 492 Waverley Street in North River Heights is a well-situated, post-war property that presents a balanced and practical opportunity. Built in 1948, it offers 1,598 sqft of living space on a 5,210 sqft lot. The data reveals a home that is consistently "around average" within its immediate street and neighborhood context for size, value, and lot, but stands out as "above average" in living space and assessed value when compared to the entire city. This suggests you're getting a solid, established property in a desirable area without a premium for extreme size or newness.
Its appeal lies in its stability and location. The home is situated in a mature neighborhood where properties from this era are the norm, offering character and established greenery. A thoughtful perspective is that its very averageness on the street could be an advantage, indicating a predictable streetscape and stable property values without the pressure of being the smallest or largest home on the block. It would suit a buyer looking for a move-in ready home (last sold in 2017, suggesting some modern updates) in a prime neighborhood, who values space efficiency over a sprawling footprint, and who appreciates a property that holds its value well against the broader city market.
Frequently Asked Questions
1. How does this home's value compare to recent sales on the street?
The home last sold between $350,000-$400,000 in late 2017. Current assessed value is $450,000. This indicates appreciation, but for precise, verified sale figures of nearby properties, a manual lookup of MLS records is required.
2. Is the lot size a disadvantage?
At 5,210 sqft, the lot is smaller than the average for Waverley Street but is very close to the average for North River Heights. It provides ample outdoor space for a garden or patio while likely requiring less maintenance than larger lots on the street.
3. What does the "above average" city-wide ranking for year built mean?
While 1948 is newer than many Winnipeg homes, this ranking primarily indicates the home is older than the city's median. In a neighborhood like North River Heights, where homes are predominantly from this era, it fits right in. This isn't a negative, but a sign of a character home in a mature area.
4. Are there newer or significantly larger homes nearby?
Yes, the listing references a nearby home built in 2021. This highlights the mix of old and new in the area. This property represents the established, classic housing stock rather than new construction.
5. How current and reliable is this assessed value?
The assessed value of $450,000 is an official municipal assessment for taxation purposes, not a market appraisal. It's a useful benchmark showing the home is valued above the city average, but the final market price is determined by current buyer demand and condition.
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