323 Wavell Avenue

Riverview, Winnipeg

Property score

76.5

Good

Overall 76.5 · Larger and newer than most nearby homes

1,518 sqft (top 24%) · Built in 1953 (15 yrs newer than avg)

Located in a high-income area with median household income of ~108k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, and 3 parks nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 88%French · 4%

Past 10 years Riverview sales snapshot (~80% of all data)

Sold Count

470

Median price

405k

$/sqft

$308/sqft

Avg build year

1938

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Property score

76.5 is composed by the two sections below.

Property Score

68.1Good
Living Area1,518 sqft79Good
Year Built195336Low
Lot Size5,998 sqft74Good
Neighbourhood Sales Activity48Low

Community Score

89.0Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Riverview

How to read: Share of sales in each ~$50k price band for “riverview” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110458

Community deep dive

$108K

Median household income

$113K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

24%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)488
Labour force participation rate69%
Median age44.0
Avg household size2.4
Unemployment rate9%
Population density2568 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households24%
Couple families with children26%
Median household income (2020)$108K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority0%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 87%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,518 sqft
0255075100
Same streetTop 3%Same areaTop 24%CitywideTop 29%
Same street · Wavell Avenue
#2 / 63
Top 3% · Avg 1,132 sqft
Same area · Riverview
#357 / 1,480
Top 24% · Avg 1,306 sqft
Citywide · Winnipeg
#57,180 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
396k
0255075100
Same streetBottom 44%Same areaTop 41%CitywideTop 39%
Same street · Wavell Avenue
#35 / 63
Bottom 44% · Avg 405.2k
Same area · Riverview
#614 / 1,480
Top 41% · Avg 389.3k
Citywide · Winnipeg
#76,517 / 194,458
Top 39% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 13%Same areaTop 11%CitywideBottom 31%

Lot Size

above average
5,998 sqft
0255075100
Same streetTop 11%Same areaBottom 42%CitywideTop 32%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

323 Wavell Avenue — 6 amenities found within 500 m, across 2 categories, including 3 dining (nearest 457 m), 3 parks (nearest 81 m).

Search radius
🍽️Dining3
🌳Parks3

Crime & Safety

Riverview · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-96%

vs. prior year

Primary type

Property

57%

Sales History

Sold 7/2023CA$400k–450k
Sold price

Same street

Top 12%

Same area

Top 21%

City-wide

Top 25%

Related homes

Highlights & common questions: 323 Wavell Avenue, Winnipeg

Property Summary: 323 Wavell Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1953 home on Wavell Avenue presents a compelling opportunity in Winnipeg's Riverview neighborhood. Its primary strength is its generous living space of 1,518 sq ft, which ranks in the top 3% on its own street and well above averages for both the neighborhood and city. This suggests a home that offers more room than many in the immediate area. The lot size is also notably larger than most on the street, providing valuable outdoor space.

The home’s appeal lies in its balanced, above-average fundamentals within a stable, established setting. While its assessed value is typical for the area, you are acquiring a property that is physically larger than many of its peers. It suits buyers looking for a character home with room to grow or simply more interior space than is commonly found in the neighborhood, without a drastic premium in price. It’s a practical choice for those who value space and a mature location over a brand-new build, and it may hold particular interest for someone who sees potential in a solid, post-war home on a good-sized lot.

Frequently Asked Questions

1. How does the sold price compare to the assessed value?
The home sold in July 2023 for a price between $400,000 and $450,000. The current assessed value is $396,000. This indicates the sale fell within a reasonable range of the municipal assessment.

2. Is the home newer or older than others nearby?
Built in 1953, it is slightly newer than the average home on Wavell Avenue (1952) and significantly newer than the broader Riverview neighborhood average (1938). It is a well-established property but not among the oldest in the area.

3. What does the "Top 3%" living area ranking mean for this street?
This means that, in terms of interior square footage, this home is larger than 97% of the 63 comparable properties on Wavell Avenue. It is a standout feature for the immediate location.

4. Are the sold prices shown here from the MLS?
No. The sold price data is compiled from publicly available sources, not the MLS. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site.

5. How does the lot size compare to the rest of the city?
At 5,998 sq ft, the lot is above average for Riverview but slightly below the citywide average for comparable homes. However, on its own street, it ranks in the top 11%, meaning it is one of the larger parcels in the immediate vicinity.

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