Property score
61.7
Fair
Overall 61.7 · Compared with neighbourhood average
1,274 sqft (bottom 31%) · Built in 1958 (1 yr older than avg)
Located in a average-income area with median household income of ~54k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 59%Tagalog · 6%
Past 10 years South River Heights sales snapshot (~80% of all data)
330
507k
$443/sqft
1959
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61.7 is composed by the two sections below.
Property Score
Community Score
South River Heights
How to read: Share of sales in each ~$50k price band for “south 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: #46111041
$54K
Median household income
$69K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
57%
Single-person households
13%
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
728 Waverley Street — 9 amenities found within 500 m, across 7 categories, including 1 dining (nearest 499 m), 2 education (nearest 217 m), 1 healthcare (nearest 451 m).
South River Heights · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
88%
728 Waverley Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
728 Waverley Street is a classic two-storey home built in 1958, situated on a large, approximately 6,000 sqft lot in the established South River Heights neighbourhood. Its primary appeal lies in its solid foundation and potential. With a living area of 1,274 sqft and an unrenovated basement, it presents a clear opportunity for buyers looking to add value through updates and personalize a space to their own taste. The lot size is a significant asset, ranking well above average for the street and offering ample outdoor space rarely found in newer developments.
This property is best suited for practical buyers such as renovators, investors, or first-time homeowners with a vision and a realistic budget for improvements. Its assessed value is notably modest compared to some similar-sized homes in the area, suggesting it may be priced for its current condition rather than future potential. A thoughtful perspective is that while the home itself is average in size for Winnipeg, the generous lot provides a rare commodity: space for gardens, play, or future expansion, which is increasingly valuable in mature neighbourhoods. It’s a property that asks for sweat equity in exchange for a prime location and land.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean for a home of this era?
It generally indicates the basement remains in its original or largely untouched state. Expect older finishes, possibly concrete floors, and basic utility spaces. It’s a blank canvas but will require inspection for moisture management and foundational integrity before planning any finished living space.
2. How significant is the lot size compared to other properties?
Very significant. At nearly 6,000 sqft, the lot is larger than over 70% of properties on the same street. This is a key differentiator, offering more privacy, green space, and potential than many standard city lots.
3. The assessed value seems low compared to some similar homes. Why?
Municipal assessed value for taxation purposes doesn't always directly correlate with market value. A lower assessment can reflect the home's current, unupdated condition. However, it can also indicate a potentially lower property tax burden, which is an ongoing cost savings for the buyer.
4. Is the lack of a garage a major drawback?
It depends on the buyer's needs. Many older homes in central neighbourhoods lack garages. The large lot does offer potential for adding a garage or a dedicated parking pad, subject to local zoning regulations. On-street parking is common in the area.
5. Who is the typical buyer for a property in this condition?
It attracts buyers who see beyond current finishes. This includes renovators looking for a project, investors considering a hold-and-renovate strategy, or budget-conscious families willing to live in the home and make gradual improvements over time. It is less suited for someone seeking a move-in-ready home.
